Housing in Geneva, AL is more affordable than the US median value by over 200%. The median housing value is $110,800. Additionally, the 1 year house appreciation rate in Geneva, AL is 10.93%, which is 2.66% higher than the US 1 year house appreciation rate of 8.27%. This makes buying a home in Geneva a smart investment, as homes are expected to appreciate faster than the national average.
The median home cost in Geneva is $110,800. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Geneva is up 12.8%.
Average Age of Homes
- The median age of Geneva real estate is 42 years old
The Rental Market in Geneva
- Renters make up 36.5% of the Geneva population
- 3.3% 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.