Is Geneva, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Geneva was a Buyer's Market.
Housing Prices in Geneva, WI
How much do homes in Geneva, WI cost?
Median Sold Price
$380,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Geneva was $380,000 in April 2024, up 2.7% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $203.9K | $199.5K | -2.2% |
2 Bedrooms | $283.7K | $261K | -8.0% |
3 Bedrooms | $338K | $400K | +18.3% |
4 Bedrooms | $653.2K | $599K | -8.3% |
5+ Bedrooms | $991.2K | $951K | -4.1% |
Summary: Geneva housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 18.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Cities
Lake Geneva | $375.7K | $424.8K | +13.1% |
Geneva | $370K | $380K | +2.7% |
Williams Bay | $485K | $450.2K | -7.2% |
Linn | $780K | $700.5K | -10.2% |
Housing Supply in Geneva, WI
How many homes are available in Geneva, WI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 62 | +12.7% |
Summary: The Geneva real estate market had 62 homes for sale in April 2024, a 12.7% increase 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 | 8 | 11 | +37.5% |
3 Bedrooms | 28 | 31 | +10.7% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Geneva 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 increased by 37.5%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Geneva in April 2024, up by 30.0% month-over-month. Of the 13 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.
Days on Market for Geneva, WI
We’re sorry, we don't have information for this market at the moment