The housing market in 60134 Geneva, IL is thriving. The median value of homes in the area is $413,300 which is significantly higher than the US median value of $338,100. This difference has been further accentuated by the rapid appreciation of homes in the area over the past year; with an appreciation rate of 9.73%, compared to 8.27% across the US as a whole. This makes Geneva an attractive option for people looking for affordable housing options close to Chicago, and as such its popularity has grown exponentially in recent years.
The median home cost in Geneva (zip 60134) is $413,300. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Geneva (zip 60134) is up 12.6%.
Average Age of Homes
- The median age of Geneva (zip 60134) real estate is 24 years old
The Rental Market in Geneva (zip 60134)
- Renters make up 17.0% of the Geneva (zip 60134) population
- 1.6% of houses and apartments in Geneva (zip 60134), 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.