The housing market in Geneva, MN is a great option for those looking to purchase a home. The median value of homes in the area is $174,900 which is significantly lower than the median value of homes in the US at $338,100. In addition, there has been an impressive appreciation rate of 11.33% for houses within the past year compared to the national rate of 8.27%. This makes Geneva, MN an ideal place for those looking to invest in real estate and take advantage of a strong housing market with low prices and high appreciation rates.
The median home cost in Geneva is $174,900. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Geneva is up 11.6%.
Average Age of Homes
- The median age of Geneva real estate is 44 years old
The Rental Market in Geneva
- Renters make up 8.8% of the Geneva population
- 0.0% 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.