Is Geneva Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Geneva Township has remained a Neutral Market.
Housing Prices in Geneva Township, MI
How much do homes in Geneva Township, MI cost?
Median Sold Price
$285,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Geneva Township was $285,000 in April 2024, up 9.6% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $170K | $130K | -23.5% |
3 Bedrooms | $187.5K | $300K | +60.0% |
4 Bedrooms | $364.9K | $258K | -29.3% |
5+ Bedrooms | $440.7K | $1.1M | +172.0% |
Summary: Geneva Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 29.3%, and 5+ bedroom homes increased by 172%.
Median Sold Price Compared To Nearby Cities
Columbia Township | $163K | $262.5K | +61.0% |
Grand Junction | $166.2K | $228K | +37.1% |
South Haven Charter Township | $360K | $398K | +10.6% |
Geneva Township | $260K | $285K | +9.6% |
Casco Township | $397K | $405K | +2.0% |
Housing Supply in Geneva Township, MI
How many homes are available in Geneva Township, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Summary: The Geneva Township real estate market had 7 homes for sale in April 2024, a 12.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Geneva Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Geneva Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Geneva Township, MI
How long does it take to sell a home in Geneva Township, MI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Geneva Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.