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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Geneva, OH Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Geneva, OH Housing Market Trends

With 5,880 people, 2,372 houses or apartments, and a median cost of homes of $200,151, house prices in Geneva are solidly below the national average.

Single-family detached homes are the single most common housing type in Geneva, accounting for 60.43% of the city's housing units. Other types of housing that are prevalent in Geneva include large apartment complexes or high rise apartments ( 15.76%), duplexes, homes converted to apartments or other small apartment buildings ( 13.93%), and a few mobile homes or trailers ( 6.68%).

People in Geneva primarily live in small (one, two or no bedroom) single-family detached homes. Geneva has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Geneva's housing was primarily built during this period, from the '40s through the '60s. A full 37.22% of the city's housing hails from this era. Other housing ages represented in Geneva include homes built between 1970-1999 ( 30.46%) and housing constructed before 1939 ( 24.91%). There's also some housing in Geneva built between 2000 and later ( 7.41%).

Geneva Home Appreciation Rates

Real estate appreciation rates in Geneva's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.67% during the period.

NeighborhoodScout's data show that during the latest twelve months, Geneva's appreciation rate, at 5.21%, has been at or slightly above the national average. In the latest quarter, Geneva's appreciation rate has been 3.30%, which annualizes to a rate of 13.86%.

Relative to Ohio, our data show that Geneva's latest annual appreciation rate is lower than 50% of the other cities and towns in Ohio.

Average Home Values

Median Home Value

$200,151

Geneva, OH Home Prices
> $1,456,000
$1,092,001 - $1,456,000
$728,001 - $1,092,000
$583,001 - $728,000
$437,001 - $583,000
$292,001 - $437,000
$146,001 - $292,000
$73,001 - $146,000
$0 - $73,000
0.0%
0.0%
0.0%
0.0%
1.1%
1.1%
0.0%
0.0%
3.1%
3.1%
16.0%
16.0%
46.4%
46.4%
27.4%
27.4%
5.9%
5.9%
0% 100.0%
% of Homes
Average

for Ohio

Low

for nation

Number of Homes And Apartments:

2,372

Geneva Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,250 / per month

Homeownership Rate

Owners
Renters
Vacant
47.4%
47.4%
52.6%
52.6%
3.9%
3.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.4%
7.4%
30.5%
30.5%
37.2%
37.2%
24.9%
24.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
60.4%
60.4%
3.2%
3.2%
13.9%
13.9%
15.8%
15.8%
6.7%
6.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.6%
3.6%
18.8%
18.8%
28.2%
28.2%
37.7%
37.7%
8.0%
8.0%
3.8%
3.8%
0% 100.0%
% of Homes

Popular Neighborhoods in Geneva

Zip Codes in Geneva, OH