Is Geneva, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Geneva has remained a Seller's Market.
Housing Prices in Geneva, WI
How much do homes in Geneva, WI cost?
Median Sold Price
$363,500
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Geneva was $363,500 in March 2024, down 0.4% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $204.4K | $199.5K | -2.4% |
2 Bedrooms | $267.5K | $263.5K | -1.5% |
3 Bedrooms | $340K | $427.2K | +25.7% |
4 Bedrooms | $653.2K | $599.5K | -8.2% |
5+ Bedrooms | $991.2K | $951K | -4.1% |
Summary: Geneva housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 25.7%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Cities
Lake Geneva | $375K | $406.3K | +8.3% |
Geneva | $365K | $363.5K | -0.4% |
Linn | $810K | $675K | -16.7% |
Housing Supply in Geneva, WI
How many homes are available in Geneva, WI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 53 | +39.5% |
Summary: The Geneva real estate market had 53 homes for sale in March 2024, a 39.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 19 | 26 | +36.8% |
4 Bedrooms | 9 | 15 | +66.7% |
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 remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 36.8%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Geneva in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for Geneva, WI
We’re sorry, we don't have information for this market at the moment