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

Since last month, Geneva Township has remained a Seller'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

$189,000

$118/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$37,750(+25.0%)

Key Takeaway

Homes in Geneva Township have sold for 25% more than they did a month ago.

Summary: The median home sold price in Geneva Township was $189,000 in December 2024, up 25% from last month, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $106.6K$119K
+11.6%
3 $145K$259K
+78.6%
4 --
N/A
5+ $240K-
N/A

Summary: Geneva Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 78.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Geneva Township
+25.0%
Geneva
+25.0%

Housing Supply in Geneva Township, NE

How many homes are available in Geneva Township, NE?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1611-31.3%

Summary: The Geneva Township real estate market had 11 homes for sale in December 2024, a 31.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 75
-28.6%
4 44
0.0%
5+ 10
-100.0%

Summary: The Geneva Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Geneva Township in December 2024, up by 25.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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

Nov 2024Dec 2024CHANGE
19 Days40 Days+110.9%

Summary: Homes in Geneva Township had an average of 40 days on market in Dec 2024, up by 110.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Geneva Township has remained consistent over time.

Summary: During December 2024, 5 homes were sold in Geneva Township; 40% of homes were sold within 30 days, 60% 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 8 Days Ago

Newest Listings in Geneva Township, NE

Nearby Markets to Geneva Township, NE