Housing in Genoa, NY is a great investment. The median value of homes has been steadily increasing and is currently at $209,600. Compared to the national average median value of $338,100, the housing market in Genoa is much more affordable. Additionally, over the course of the last year, homes in Genoa have appreciated 11.42%, which exceeds the national average of 8.27%. With these positive trends continuing to be seen in Genoa's housing market, it is clear that investing in a home here can be a great choice for anyone looking to purchase or invest in property.
The median home cost in Genoa is $209,600. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Genoa is up 12.8%.
Average Age of Homes
- The median age of Genoa real estate is 60 years old
The Rental Market in Genoa
- Renters make up 16.5% of the Genoa population
- 0.8% 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.