Geneva, MN Foreclosures
How much do homes sell for in Geneva, MN?
The average home price is currently $246,261.
In Geneva, MN, how many homes are available?
There are currently 1 active home listings available in Geneva.
What’s the average rental cost in Geneva, MN?
The average rental price in Geneva is $1,226.
What is the most expensive home in Geneva?
The most expensive home sold in Geneva had a price of $1,120,304.
What is currently the cheapest priced home in Geneva, MN?
The cheapest home for sale in Geneva is priced at $36,460.
Living in Geneva, MN
Geneva, MN is a quaint, welcoming town that perfectly blends small-town charm with essential amenities. It is known for its strong sense of community, access to outdoor activities, and quality educational options. Residents appreciate a slower pace of life coupled with the beauty of rural Minnesota.
Current Market Conditions in Geneva, MN
The real estate market in Geneva, MN has shown a mix of steady demand and moderate growth. Homes in the area tend to sell quickly due to the combination of affordable pricing and desirable amenities, making it a competitive area for buyers. Buyers are drawn to Geneva for its serene environment and easy access to nature.
Over the past few months, there has been a noticeable increase in first-time homebuyers entering the market, which has created a bit of upward pressure on home prices. However, the overall market remains balanced, with listings providing good opportunities for negotiation.
Home Value Estimator For Geneva, MN
There are currently 209 real estate properties
in Geneva, MN,
with a median automated valuation model (AVM) price
of $232,187.00. 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, MN, 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, MN,
is $246,261.00, with the most expensive house
in Geneva, MN, topping out
at $1,120,304.00 and the cheapest home
in Geneva, MN,
clocking in at $36,460.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Geneva, MN!
Rent Prices
In Geneva, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Geneva, MN, is on
a rollercoaster ride. The
average rent price in Geneva, MN,
is $1,226.00. Indeed, when looking to rent in
Geneva, MN, you can expect to pay as little
as $570.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Geneva, MN
-- 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.