Geneva, OH Foreclosures
How much do homes sell for in Geneva, OH?
The average home price is currently $228,877.
In Geneva, OH, how many homes are available?
There are currently 25 active home listings available in Geneva.
What’s the average rental cost in Geneva, OH?
The average rental price in Geneva is $1,168.
What is the most expensive home in Geneva?
The most expensive home sold in Geneva had a price of $7,920,670.
What is currently the cheapest priced home in Geneva, OH?
The cheapest home for sale in Geneva is priced at $10,047.
Living in Geneva, OH
Geneva, Ohio, is a charming small town located near the picturesque shores of Lake Erie. Known for its friendly community and vibrant local culture, Geneva offers a unique blend of natural beauty and suburban living. Residents enjoy a peaceful lifestyle while being just a short drive away from more urban amenities.
Current Market Conditions in Geneva, OH
Geneva's real estate market has seen a steady increase in property values over the past year, driven by growing interest in the area as a desirable place to live, especially for those seeking a tranquil lifestyle by the lake. The influx of new buyers, particularly from urban areas, is lifting prices and reducing inventory as homes become increasingly sought after. This trend is expected to continue, bolstering Geneva's appeal as both an investment opportunity and a residential community.
Compared to the previous year, the past month has shown some fluctuations in the Geneva real estate market, with home sales seeing a slight uptick. Inventory levels remain low, which continues to benefit sellers, while buyers are facing a competitive market. The overall market sentiment remains strong as the community’s charm and amenities attract more homebuyers.
Home Value Estimator For Geneva, OH
There are currently 5,744 real estate properties
in Geneva, OH,
with a median automated valuation model (AVM) price
of $197,129.00. 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, OH, 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, OH,
is $228,877.00, with the most expensive house
in Geneva, OH, topping out
at $7,920,670.00 and the cheapest home
in Geneva, OH,
clocking in at $10,047.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Geneva, OH!
Rent Prices
In Geneva, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Geneva, OH, is on
a rollercoaster ride. The
average rent price in Geneva, OH,
is $1,168.00. Indeed, when looking to rent in
Geneva, OH, you can expect to pay as little
as $560.00 or as much
as $2,340.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Geneva, OH
-- 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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