$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 Township, 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 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, OH
How much do homes in Geneva Township, 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 Township have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Geneva Township 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 Township 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-on-the-Lake | $161.5K | $193.4K | +19.8% |
| Geneva Township | $177.2K | $195.2K | +10.2% |
| Geneva | $177.2K | $195.2K | +10.2% |
| Madison Township | $197.2K | $201.9K | +2.4% |
| Harpersfield Township | $250K | $219.9K | -12.0% |
Housing Supply in Geneva Township, OH
How many homes are available in Geneva Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 62 | +6.9% |
Summary: The Geneva Township 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 Township 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 Township, 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 Township 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 Township, OH
How long does it take to sell a home in Geneva Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 40 Days | -4.5% |
Summary: Homes in Geneva Township 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 Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Geneva Township; 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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