My sister outside of Pittsburgh, PA has had a https://www.waterfurnace.com for 17 years. Her system has paid for itself a few times over. She has 1500 ft of plastic tubing burried in her front yard.
The advantage is that, while the outside air is almost always the wrong temperature (hot in the summer when your pump needs it to absorb heat, cold in the winter when you need to pull heat out of it), the ground is basically always the right temperature.
The disadvantage is install costs because you have to put piping underground by either trenching or drilling.
Another fun thing made possible by geothermal: Some roads and sidewalks in Reykjavik are actually heated to prevent icing over.
(And before someone says it: Yes, Greenland is colder, but Iceland still gets pretty freaking cold. After walking two miles or so in an Icelandic blizzard once, I feel like I can claim some expertise on the subject.)