Geneva, IL Foreclosures
How much do homes sell for in Geneva, IL?
The average home price is currently $583,858.
In Geneva, IL, how many homes are available?
There are currently 177 active home listings available in Geneva.
What’s the average rental cost in Geneva, IL?
The average rental price in Geneva is $2,319.
What is the most expensive home in Geneva?
The most expensive home sold in Geneva had a price of $56,179,736.
What is currently the cheapest priced home in Geneva, IL?
The cheapest home for sale in Geneva is priced at $12,084.
Living in Geneva, IL
Geneva, IL, is a charming city along the Fox River, known for its rich history and vibrant downtown filled with shops and restaurants. This family-oriented community is served by top-rated schools and features plenty of parks and outdoor activities, making it an attractive place to live.
Current Market Conditions in Geneva, IL
Geneva's real estate market continues to exhibit a competitive environment with rising demand for homes in the area. Although inventory levels have fluctuated, the overall trend remains positive with many homes selling quickly, often above the asking price. The increasing interest in suburban living has driven many buyers to explore properties here, leading to a diverse selection for potential residents.
As more professionals seek to escape the hustle and bustle of city life, Geneva's appeal has increased significantly, contributing to a steady appreciation in home values. The combination of excellent schools, a strong community vibe, and ample recreational opportunities is attracting a wider demographic, enhancing the overall market.
Home Value Estimator For Geneva, IL
There are currently 10,593 real estate properties
in Geneva, IL,
with a median automated valuation model (AVM) price
of $525,872.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Geneva, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Geneva, IL,
is $583,858.00, with the most expensive house
in Geneva, IL, topping out
at $56,179,736.00 and the cheapest home
in Geneva, IL,
clocking in at $12,084.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Geneva, IL!
Rent Prices
In Geneva, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Geneva, IL, is on
a rollercoaster ride. The
average rent price in Geneva, IL,
is $2,319.00. Indeed, when looking to rent in
Geneva, IL, you can expect to pay as little
as $1,080.00 or as much
as $4,620.00,
with the average rent median estimated to
be $2,310.00. The good news is that finding
an affordable and desirable property to rent in Geneva, 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.
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