Foreclosure Homes in Geneseo, IL

Current Market Conditions in Geneseo, IL

The real estate market in Geneva is currently experiencing a steady demand, with a mix of new constructions and historic homes. As of late 2023, the housing inventory remains competitive due to low interest rates attracting buyers, leading to an upward trend in home prices year over year.

There is a growing interest in Geneva due to its family-friendly environment and high-quality schools. Large properties and historical homes tend to attract families and professionals who appreciate the blend of urban and suburban living.

Rent Prices In Geneseo, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Geneseo, IL, is on a rollercoaster ride. The average rent price in Geneseo, IL, is $1,490.00. Indeed, when looking to rent in Geneseo, IL, you can expect to pay as little as $620.00 or as much as $2,880.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Geneseo, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.