The housing market in Geneva, IN is thriving. According to recent data, the median value of homes in Geneva is $187,600, which is significantly lower than the US median value of $338,100. Furthermore, the 1-year house appreciation rate in Geneva is 9.06%, higher than the US average of 8.27%. This indicates that home values are increasing steadily in this area. With its positive outlook and affordable prices, Geneva's housing market is an attractive option for those looking to invest or settle down in a new area.
The median home cost in Geneva is $187,600. Home appreciation the last 10 years has been 83.5%. Home Appreciation in Geneva is up 15.6%.
Average Age of Homes
- The median age of Geneva real estate is 57 years old
The Rental Market in Geneva
- Renters make up 27.7% of the Geneva population
- 2.7% of houses and apartments in Geneva, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.