Is Geneva Township, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Geneva Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Geneva Township was a Buyer's Market.

Key Takeaway

Geneva Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Geneva Township, NE

How much do homes in Geneva Township, NE cost?

Median Sold Price

$164,000

$71/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$71,000(-30.2%)

Key Takeaway

Homes in Geneva Township have sold for 30.2% less than they did a month ago.

Summary: The median home sold price in Geneva Township was $164,000 in October 2024, down 30.2% from last month, and the median price per square foot was $71.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$114.5K
N/A
3 $355K$183K
-48.5%
4 $115K-
N/A
5+ --
N/A

Summary: Geneva Township 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 decreased by 48.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Geneva Township
-30.2%
Geneva
-30.2%
Fairmont
-84.1%

Housing Supply in Geneva Township, NE

How many homes are available in Geneva Township, NE?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1615-6.3%

Summary: The Geneva Township real estate market had 15 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 87
-12.5%
4 44
0.0%
5+ 10
-100.0%

Summary: The Geneva Township 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 increased by 33.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Geneva Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Geneva Township in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Geneva Township, NE

How long does it take to sell a home in Geneva Township, NE?

Average Sale Time

Sep 2024Oct 2024CHANGE
50 Days11 Days-76.9%

Summary: Homes in Geneva Township had an average of 11 days on market in Oct 2024, down by 76.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Geneva Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Geneva Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 22 Days Ago

Newest Listings in Geneva Township, NE

Nearby Markets to Geneva Township, NE