Geneseo, NY—14454
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Geneseo, NY
As of Oct '25, the median home price in Geneseo, NY is $306,000, with a year-over-year change of 1.9%. This indicates that home prices in Geneseo, NY are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $306,000 | 1.9% |
| Single Family | $306,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $280,000 | 2.6% |
3 Bed | $293,000 | 1.4% |
4 Bed | $328,000 | 1.5% |
| 5 Bed | $385,000 | 0.8% |
% of Housing Stock
Rental Trends — Geneseo, NY
As of July '25, Rentcast reports the average rent in Geneseo, NY is $1,750, with a year-over-year rent change of -2.2%. Per bedroom, the median rent as of July '25 in Geneseo, NY is 1-bedrooms: $500, 4-bedrooms: $3,000. The most common rental property sizes in Geneseo, NY are 2-bedroom and 1-bedroom, accounting for 32.9% and 29.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $500 | $1,750 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $500 | $500 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Geneseo, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Geneseo, NY is 52. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $470,000 | 3.0% |
Listing Count | 22 | -17.0% |
| Listings as % of Homes | 0.2% | -17.0% |
Days on Market | 52 | -7.0% |
Demographics — Geneseo, NY
As of the latest ACS Survey released in 2023, Geneseo, NY has a population of 11,000, which has decreased by -1.3% over the past 5 years. Geneseo, NY is a less popular place for families, as children make up 13.0% of the population. The area has a highly educated workforce, with 50.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,000 | -1.3% |
% Under 18 | 13.0% | 18.2% |
% Seniors | 15.3% | 21.4% |
% WFH | 10.7% | 52.9% |
% w/ College Degree | 50.0% | 32.6% |
As of the latest ACS Survey released in 2023, Geneseo, NY is a predominantly white area, with 84.9% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Geneseo, NY is hispanic, making up 5.9% of the population. Foreign-born residents account for 8.1% of the population in Geneseo, NY, and this percentage has increased by 12.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.9% | -4.3% |
% Black | 3.2% | 6.7% |
% Hispanic | 5.9% | 34.1% |
% Asian | 3.5% | 20.7% |
% Foreign Born | 8.1% | 12.5% |
Mortgage and Risk — Geneseo, NY
According to HUD data as of 2023, there were 97 mortgage originations in Geneseo, NY, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Geneseo, NY. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 97 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 0.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Geneseo, NY
Geneseo, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 187 |
Total Units Section 8 | 187 |
% Rentals under Section 8 | 12.2% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $700 | $500 | $1,200 |
| 2 Bedroom | N/A | N/A | $1,490 |
| 3 Bedroom | N/A | N/A | $1,800 |
| 4 Bedroom | -$1,020 | $3,000 | $1,980 |
Affordability — Geneseo, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $306,000 |
| Median Household Income | $66,600 |