The housing market in 36340 Geneva, AL is on the rise. The median value of all homes in the area is $111,300, which is significantly lower than the national median of $338,100. In the past year, the appreciation rate for homes in Geneva was 10.93%, higher than the national average of 8.27%. This indicates that the market is increasing at an above-average pace and could be a great opportunity for potential buyers.
The median home cost in Geneva (zip 36340) is $111,300. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Geneva (zip 36340) is up 12.8%.
Average Age of Homes
- The median age of Geneva (zip 36340) real estate is 41 years old
The Rental Market in Geneva (zip 36340)
- Renters make up 30.7% of the Geneva (zip 36340) population
- 2.8% of houses and apartments in Geneva (zip 36340), 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.