$3,086 Closing Credit*
$259,900
1,643 SqFt
3 Beds
•2 Full Baths
Robin L Gallagher, Listing Office: HomeSmart Real Estate Momentum LLC
Is Geneva, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Geneva has remained a Seller's Market.
Key Takeaway
Geneva is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Geneva, OH
How much do homes in Geneva, OH cost?
Median Sold Price
$195,250
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,000(+10.2%)
Key Takeaway
Homes in Geneva have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Geneva was $195,250 in November 2024, up 10.2% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $98.5K | $84.9K | -13.8% |
| 2 Bedrooms | $141K | $187K | +32.6% |
| 3 Bedrooms | $195K | $179.2K | -8.1% |
| 4 Bedrooms | $239.9K | $280K | +16.7% |
| 5+ Bedrooms | $166.5K | $205.5K | +23.4% |
Summary: Geneva housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes increased by 32.6%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 23.4%.
Median Sold Price Compared To Nearby Cities
| Geneva | $177.2K | $195.2K | +10.2% |
| Geneva Township | $177.2K | $195.2K | +10.2% |
| Harpersfield Township | $250K | $219.9K | -12.0% |
Housing Supply in Geneva, OH
How many homes are available in Geneva, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 62 | +6.9% |
Summary: The Geneva real estate market had 62 homes for sale in November 2024, a 6.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 40 | 36 | -10.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Geneva housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Geneva, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Geneva in November 2024, down by 21.4% month-over-month. Of the 11 sold homes, 18% were sold under asking, 45% were sold at asking, and 36% were sold over asking.
Days on Market for Geneva, OH
How long does it take to sell a home in Geneva, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 40 Days | -4.5% |
Summary: Homes in Geneva had an average of 40 days on market in Nov 2024, down by 4.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Geneva are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Geneva; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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