Is Geneva, AL 36340 a buyer’s or seller’s market?
Geneva is a buyer’s market. With about 10.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Geneva housing market right now
In the three months ending August 31, 2026, 0% of homes in Geneva, AL 36340 sold above their list price, the typical home went under contract in 312 days and there were 10.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (122 days then) and the median sale price rose 59% to $249,792. Overall, Geneva is less competitive than a year ago, which gives buyers more room.
Within Geneva County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Samson 36477 (50% sold over asking) and Hartford 36344 (10% sold over asking) are even more competitive.
Run the numbers for 36340
Nearby markets
Bellwood 36313 $87 /sq ftBlack 36314Seller’s market $89 /sq ftChancellor 36316Seller’s market $148 /sq ftCoffee Springs 36318Buyer’s market $105 /sq ft Browse all markets →Towns like Geneva nearby
Find towns like Geneva in other states →Where Geneva is
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Questions about Geneva real estate
Is Geneva a buyer’s or seller’s market?
A buyer’s market: there were 10.2 months of supply in Geneva, AL 36340 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Geneva?
The typical home went under contract in 312 days in the latest three months.
Do homes in Geneva sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.
What are property taxes in Geneva?
About 0.34% of a home’s value a year in Geneva County, or roughly $1,360 on a $400,000 home.
What is the median home price in Geneva?
The median sale price was $249,792 in the three months ending August 31, 2026, about $156 per square foot.
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More tools for 36340
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology