$5,463 Closing Credit*
$460,000
1,751 SqFt
3 Beds
•3 Full Baths
#1902038, Lake Geneva Area Realty Team*, Listing Office: Lake Geneva Area Realty, Inc.
Is Geneva, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Geneva was a Seller's Market.
Key Takeaway
Geneva is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Geneva, WI
How much do homes in Geneva, WI cost?
Median Sold Price
$393,450
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,450(+9.6%)
Key Takeaway
Homes in Geneva have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Geneva was $393,450 in November 2024, up 9.6% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.5K | $155K | -22.3% |
| 2 Bedrooms | $288K | $265K | -8.0% |
| 3 Bedrooms | $396.9K | $425K | +7.1% |
| 4 Bedrooms | $587K | $601K | +2.4% |
| 5+ Bedrooms | $1.0M | $799K | -22.4% |
Summary: Geneva housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 22.4%.
Median Sold Price Compared To Nearby Cities
| Williams Bay | $455K | $556.2K | +22.3% |
| Geneva | $359K | $393.4K | +9.6% |
| Lake Geneva | $400K | $425.9K | +6.5% |
| Linn | $650K | $642K | -1.2% |
Housing Supply in Geneva, WI
How many homes are available in Geneva, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 49 | -12.5% |
Summary: The Geneva real estate market had 49 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 23 | 18 | -21.7% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
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 decreased by 40%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 6 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Geneva, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Geneva in November 2024, down by 60.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Geneva, WI
We’re sorry, we don't have information for this market at the moment
