Is Geneva, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Geneva is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Geneva was a Buyer'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, IN

How much do homes in Geneva, IN cost?

Median Sold Price

$140,000

$84/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$20,000(-12.5%)

Key Takeaway

Homes in Geneva have sold for 12.5% less than they did a month ago.

Summary: The median home sold price in Geneva was $140,000 in November 2024, down 12.5% from last month, and the median price per square foot was $84.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$118K
N/A
3 $160K$140K
-12.5%
4 -$280K
N/A
5+ --
N/A

Summary: Geneva housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 12.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wabash Township
+4.7%
Geneva
-12.5%

Housing Supply in Geneva, IN

How many homes are available in Geneva, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
880.0%

Summary: The Geneva real estate market had 8 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 32
-33.3%
4 22
0.0%
5+ 11
0.0%

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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were 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, 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 in November 2024, up by 200.0% 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, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Geneva, IN

Nearby Markets to Geneva, IN