Housing in Genoa, MI is a great investment. The median value of houses in Genoa, MI is higher than the US median house value at $413,400 versus $338,100. In addition, Genoa has seen a higher appreciation rate over the last year at 8.74% as compared to the US average of 8.27%. This suggests that investing in housing in Genoa could be a safe and rewarding option for potential buyers.
The median home cost in Genoa is $413,400. Home appreciation the last 10 years has been 102.4%. Home Appreciation in Genoa is up 12.6%.
Average Age of Homes
- The median age of Genoa real estate is 25 years old
The Rental Market in Genoa
- Renters make up 16.0% of the Genoa population
- 1.8% of houses and apartments in Genoa, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.