Genoa, NY—13071
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Genoa, NY
As of Oct '25, the median home price in Genoa, NY is $217,000, with a year-over-year change of -0.8%. This indicates that home prices in Genoa, NY are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $217,000 | -0.8% |
| Single Family | $217,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $209,000 | -0.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Genoa, NY
Genoa, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Genoa, NY
Genoa, NY lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $29,000 | N/A |
Listing Count | 2 | N/A |
| Listings as % of Homes | 1.0% | N/A |
Days on Market | 58 | N/A |
Demographics — Genoa, NY
As of the latest ACS Survey released in 2023, Genoa, NY has a population of 760, which has decreased by -15.1% over the past 5 years. Genoa, NY is a moderately popular place for families, as children make up 21.3% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 760 | -15.1% |
% Under 18 | 21.3% | 0.5% |
% Seniors | 18.2% | 27.3% |
% WFH | 8.3% | 43.1% |
% w/ College Degree | 26.0% | 0.0% |
As of the latest ACS Survey released in 2023, Genoa, NY is a predominantly white area, with 92.8% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Genoa, NY is hispanic, making up 3.8% of the population. Foreign-born residents account for 0.8% of the population in Genoa, NY, and this percentage has decreased by 52.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.8% | -1.5% |
% Black | 0.0% | N/A |
% Hispanic | 3.8% | -15.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.8% | -52.9% |
Mortgage and Risk — Genoa, NY
According to HUD data as of 2023, there were 48 mortgage originations in Genoa, NY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Genoa, NY. Investor activity is low, as 2.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 48 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Genoa, NY
Genoa, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,010 |
| 2 Bedroom | N/A | N/A | $1,300 |
| 3 Bedroom | N/A | N/A | $1,660 |
| 4 Bedroom | N/A | N/A | $1,940 |
Affordability — Genoa, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $217,000 |
| Median Household Income | $79,500 |