Is Geneva, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Geneva was a Seller's Market.
Housing Prices in Geneva, OH
How much do homes in Geneva, OH cost?
Median Sold Price
$180,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Geneva was $180,000 in March 2024, up 11.1% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $126.1K | +68.1% |
2 Bedrooms | $129.4K | $139K | +7.4% |
3 Bedrooms | $169.4K | $200K | +18.0% |
4 Bedrooms | $182K | $280K | +53.8% |
5+ Bedrooms | $228.7K | $189K | -17.4% |
Summary: Geneva housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.1%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes decreased by 17.4%.
Median Sold Price Compared To Nearby Cities
Geneva | $162K | $180K | +11.1% |
Geneva Township | $162.5K | $180K | +10.8% |
Housing Supply in Geneva, OH
How many homes are available in Geneva, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 38 | +22.6% |
Summary: The Geneva real estate market had 38 homes for sale in March 2024, a 22.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 13 | 17 | +30.8% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Geneva housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 30.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Geneva in March 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
96 Days | 52 Days | -46.3% |
Summary: Homes in Geneva had an average of 52 days on market in Mar 2024, down by 46.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Geneva; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.