Is Geneva, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Geneva has remained a Seller's Market.
Housing Prices in Geneva, WI
How much do homes in Geneva, WI cost?
Median Sold Price
$382,500
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Geneva was $382,500 in May 2024, up 2.7% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $200K | 0.0% |
2 Bedrooms | $276.2K | $262K | -5.2% |
3 Bedrooms | $347.9K | $412.5K | +18.6% |
4 Bedrooms | $650K | $575K | -11.5% |
5+ Bedrooms | $952.5K | $951K | -0.2% |
Summary: Geneva housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Cities
Lake Geneva | $382K | $437.5K | +14.5% |
Geneva | $372.5K | $382.5K | +2.7% |
Williams Bay | $492.9K | $455K | -7.7% |
Linn | $849.9K | $780.5K | -8.2% |
Housing Supply in Geneva, WI
How many homes are available in Geneva, WI?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
59 | 69 | +16.9% |
Summary: The Geneva real estate market had 69 homes for sale in May 2024, a 16.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 29 | 33 | +13.8% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Geneva housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Geneva in May 2024, the same as the previous month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% were sold over asking.
Days on Market for Geneva, WI
We’re sorry, we don't have information for this market at the moment