$4,144 Closing Credit*
$349,000
1,200 SqFt
2 Beds
•1 Full Bath
Scott A Marvin, Listing Office: Team Results Realty
Is Geneva-on-the-Lake, 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-on-the-Lake has remained a Seller's Market.
Key Takeaway
Geneva-on-the-Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Geneva-on-the-Lake, OH
How much do homes in Geneva-on-the-Lake, OH cost?
Median Sold Price
$193,488
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,988(+19.8%)
Key Takeaway
Homes in Geneva-on-the-Lake have sold for 19.8% more than they did a year ago.
Summary: The median home sold price in Geneva-on-the-Lake was $193,488 in November 2024, up 19.8% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71K | $84.9K | +19.6% |
| 2 Bedrooms | $158K | $216K | +36.7% |
| 3 Bedrooms | $180K | $199.9K | +11.1% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $182K | N/A |
Summary: Geneva-on-the-Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes increased by 36.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Geneva-on-the-Lake | $161.5K | $193.4K | +19.8% |
| Geneva Township | $177.2K | $195.2K | +10.2% |
Housing Supply in Geneva-on-the-Lake, OH
How many homes are available in Geneva-on-the-Lake, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Geneva-on-the-Lake real estate market had 12 homes for sale in November 2024, a 7.7% decrease 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Geneva-on-the-Lake 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 25%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Geneva-on-the-Lake, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Geneva-on-the-Lake in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Geneva-on-the-Lake, OH
How long does it take to sell a home in Geneva-on-the-Lake, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 99 Days | +322.7% |
Summary: Homes in Geneva-on-the-Lake had an average of 99 days on market in Nov 2024, up by 322.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Geneva-on-the-Lake are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Geneva-on-the-Lake; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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