Is Geneva, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Geneva is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Geneva was a Seller's Market.

Key Takeaway

Geneva is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Geneva, IN

How much do homes in Geneva, IN cost?

Median Sold Price

$160,000

$103/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$92,500(-36.6%)

Key Takeaway

Homes in Geneva have sold for 36.6% less than they did a month ago.

Summary: The median home sold price in Geneva was $160,000 in October 2024, down 36.6% from last month, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $252.5K-
N/A
3 -$160K
N/A
4 --
N/A
5+ --
N/A

Summary: Geneva housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wabash Township
-1.7%
Geneva
-36.6%

Housing Supply in Geneva, IN

How many homes are available in Geneva, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
880.0%

Summary: The Geneva real estate market had 8 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 33
0.0%
4 22
0.0%
5+ 01
+100.0%

Summary: The Geneva housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Geneva, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Geneva in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Geneva, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Geneva, IN

Nearby Markets to Geneva, IN