Mark R. and Rachelle L. Johnston acquire 512 West Lane, Geneva, appraised at $730,000

The home at 512 West Lane, Geneva, Kane County, was sold on July 8 by Lawrence A. Benedek for $730,000.

Mark R. and Rachelle L. Johnston were listed as the buyers.

Property taxes on the home totaled $11,187 in 2024, or 1.5% of the sale price.

This property is one of 50 sales in Geneva, Kane County, between June 8 and July 8.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.