More homes are selling in Geneseo in 2026, while the year-to-date median sale price has increased 23%.
Geneseo's housing market has recorded more home sales through the first eight months of 2026 than during the same period last year, even as prices have moved considerably higher.
Through August, 78 single-family detached homes had closed in Geneseo, up 14.7% from 68 during the first eight months of 2025, according to an August Local Market Update provided by the Quad City Area Board of Realtors using data from Midwest Real Estate Data LLC.
The year-to-date median sale price reached $239,950, compared with $194,750 at the same point last year — an increase of 23.2%.
The average sale price increased 19.2%, from $231,696 to $276,201.
More homes are entering the Geneseo market
The increase in sales has been accompanied by an increase in homes coming onto the market.
Geneseo recorded 102 new single-family detached listings through August, up 17.2% from 87 during the same period last year.
Pending sales increased even faster, rising 18.8% from 69 to 82.
Inventory was also higher at the end of August. There were 22 single-family detached homes for sale, compared with 18 in August 2025, an increase of 22.2%.
The combination is notable: Geneseo has had more homes listed for sale this year, but it has also recorded more pending and completed sales.
August alone tells a different price story
The year-to-date numbers are particularly useful because a single month's results can fluctuate significantly in a relatively small housing market.
That can be seen in August.
Ten detached homes closed in Geneseo during the month, compared with nine in August 2025. But the median sale price was $251,450 — down 19.5% from the unusually high $312,500 median recorded in August 2025.
At the same time, the average August sale price jumped 65.7%, from $257,144 to $425,990.
Having the median fall sharply while the average rises sharply is a good example of why small-market monthly statistics need context. A relatively small number of unusually expensive sales can pull an average higher without representing what happened to the price of a typical home.
Year-to-date figures therefore provide a broader picture: Geneseo's detached-home median is up 23.2%, while its average price is up 19.2%.
Homes sold quickly in August
Homes that closed during August also moved considerably faster than those that closed during the same month last year.
Cumulative days on market until sale fell from 27 days in August 2025 to 15 days this August, a 44.4% decline.
Year to date, however, the pattern is reversed. Homes sold through August had spent 36 days on the market compared with 24 days through August 2025.
August sellers also received 100% of their original listing price, compared with 96% in August 2025.
Year to date, sellers have received 97.4% of their original asking price, virtually unchanged from 97.5% last year. Those calculations do not account for seller concessions.
Henry County shows higher prices but fewer sales
The broader Henry County market has followed a somewhat different trajectory.
Through August, 263 detached homes had closed countywide, down 9.3% from 290 during the first eight months of 2025.
Pending sales were down 7%, while new listings were nearly flat, increasing from 348 to 351.
Prices, however, were higher.
The countywide year-to-date median sale price increased 14.1%, from $157,750 to $180,000, while the average increased 14.3% to $193,726.
Inventory also expanded. Henry County had 82 detached homes for sale in August, up 28.1% from 64 a year earlier. Months of inventory increased from 1.7 to 2.3.
August itself was slower than a year ago, with 37 closed sales compared with 41 in August 2025. The month's median price, however, increased 17.1% to $202,500.
Geneseo outperforming county sales trend
The contrast between Geneseo and Henry County is one of the clearest findings.
Through the first eight months of the year, Geneseo detached-home sales increased 14.7%, while Henry County sales overall declined 9.3%. Geneseo's year-to-date median price increased 23.2%, compared with a 14.1% increase countywide.
Both markets have also accumulated more homes for sale.
For buyers, that means there are more properties available than there were last August. For sellers, the numbers show that higher inventory has not prevented Geneseo from recording more sales or higher year-to-date prices.
The August reports were provided to The Geneseo Current by LuAnn Lavine of RE/MAX Concepts and originate from the Quad City Area Board of Realtors' Local Market Update using Midwest Real Estate Data LLC data. The reports were current as of Sept. 14.