Much like its nearby areas, it's a lot less expensive compared to the country as a whole. However compared to the city of Fort Wayne, it is a bit less expensive.
Home prices
The value of the median home in Geneva is $87,000. Compared to the surrounding areas this is approximately $4,080 (4%) higher.It is about $130,500 (60%) lower compared to the country as a whole, and in comparison to the city of Fort Wayne is roughly $28,100 (24%) lower.
Rents
Geneva's median rent is $640 a month. Compared to its surrounding areas it is about $20 (2%) lower.It is approximately $422 (39%) lower in comparison to the rest of the country, and in comparison to the city of Fort Wayne it is roughly $124 (16%) lower.
Nearby places
Berne
Berne is about 4 miles north of Geneva. Real estate prices there are somewhat more expensive. The median home in Berne costs $101,000, which works out to $14,000 (13%) higher than Geneva. Rent there is a little less expensive. The median monthly rent in Berne is $530, which is $110 (20%) lower than Geneva.
Bryant
Bryant is about 4 miles south from Geneva. Its housing prices are a lot less expensive. Bryant's median home cost is $56,700, which is $30,300 (53%) lower than Geneva. The rent there is somewhat more expensive. Bryant's median rent is $758 per month, which comes out to $118 (15%) higher than Geneva.
Vera Cruz
Vera Cruz is approximately 8 miles northwest of Geneva. Its housing prices are somewhat less expensive. The value of the median home in Vera Cruz is $75,000, which works out to $12,000 (15%) lower than Geneva. Its rents are a little less expensive. Vera Cruz's median rent is $606 a month, which is $34 (5%) lower than Geneva.
Monroe
Monroe is approximately 9 miles north from Geneva. Its real estate prices are a little more expensive. The median home in Monroe is valued at $110,800, which is $23,800 (21%) higher than Geneva. Its rents are a bit more expensive. The median rent in Monroe is $744 a month, which is $104 (13%) higher than Geneva.
Portland
Portland is roughly 10 miles south from Geneva. The real estate prices there are somewhat less expensive. The median home value in Portland is $71,100, which comes out to $15,900 (22%) lower than Geneva. Its rents are fairly similar. In Portland the median rent is $660 a month, which is $20 (3%) higher than Geneva.