Housing in Genoa, NV is much more expensive than the national median value of $338,100. The median value for a home in Genoa is over $1 million which is almost three times as much as the national median. Despite this high cost of housing, the rate of appreciation for homes in Genoa has been less than half the national average at 4.72%. This slower rate of house appreciation may be due to the already pricey market in this particular area.
The median home cost in Genoa is $1,026,500. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Genoa is up 12.6%.
Average Age of Homes
- The median age of Genoa real estate is 16 years old
The Rental Market in Genoa
- Renters make up 2.6% of the Genoa population
- 2.5% 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.