The housing market in Genoa, CO is relatively strong compared to the rest of the United States. The median value for homes in Genoa is $210,400 which is much lower than the national median value of $338,100. Additionally, while the US has seen an appreciation rate of 8.27% over the past year, Genoa has seen an appreciation rate of 7.69%. This illustrates that homes are still increasing in value but at a slightly slower rate than other parts of the country. This demonstrates that the housing market in Genoa, CO offers great value and potential for buyers looking to invest in real estate.
The median home cost in Genoa is $210,400. Home appreciation the last 10 years has been 133.9%. Home Appreciation in Genoa is up 16.5%.
Average Age of Homes
- The median age of Genoa real estate is 78 years old
The Rental Market in Genoa
- Renters make up 1.2% of the Genoa population
- 0.0% 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.