Zip 16923 (Genesee, PA) Housing

The housing market in 16923 Genesee, PA is thriving. According to recent data, the median value of housing in this area is $162,000. This is significantly lower than the US House Median Value of $338,100. Furthermore, the appreciation rate for houses in this area over the past year has been 10.35%, which is higher than the national average of 8.27%. This suggests that investing in property in 16923 Genesee, PA can be a great way to make a return on your investment and build equity at an accelerated rate.

The median home cost in Genesee (zip 16923) is $162,000. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Genesee (zip 16923) is up 14.3%.

Average Age of Homes

- The median age of Genesee (zip 16923) real estate is 47 years old

The Rental Market in Genesee (zip 16923)

- Renters make up 21.4% of the Genesee (zip 16923) population
- 0.7% of houses and apartments in Genesee (zip 16923), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Genesee, Pennsylvania	United States
	802.0	139,647,020.0
	49	42
	$162,000	$338,100
	14.3%	16.6%
	43.1%	57.0%
	51.5%	101.1%
	$12.42	$10.98
	$1,487	$2,690
	58.2%	57.4%
	34.5%	11.2%
	7.2%	31.4%
Vacant Housing
	0.7%	1.9%
	0.4%	0.4%
	0.9%	0.7%
	3.6%	0.4%
	24.6%	3.6%
	4.4%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	5.1%	2.4%
	9.9%	2.8%
	11.6%	3.9%
	13.1%	4.5%
	18.4%	11.3%
	7.5%	13.0%
	15.8%	20.1%
	6.9%	13.6%
	1.3%	8.3%
	1.7%	9.7%
	6.4%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	12.2%	13.6%
	14.3%	13.2%
	20.0%	14.8%
	12.2%	13.6%
	3.4%	10.0%
	6.7%	4.7%
	31.2%	12.2%

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