Genoa—89411
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Genoa
As of Oct '25, the median home price in Genoa is $1,080,000, with a year-over-year change of -0.4%. This indicates that home prices in Genoa are flat. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,080,000 | -0.4% |
| Single Family | $1,080,000 | -1.0% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Genoa
As of July '25, Rentcast reports the average rent in Genoa is $3,200, with a year-over-year rent change of 4.6%. Per bedroom, the median rent as of July '25 in Genoa is 3-bedrooms: $3,200. The most common rental property sizes in Genoa are 2-bedroom and studio, accounting for 100.0% and 0.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,100 | $3,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,100 | $3,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Genoa
As of Oct '25, Realtor.com reports that the median days on market for a home in Genoa is 93. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,510,000 | 12.0% |
Listing Count | 27 | -1.0% |
| Listings as % of Homes | 2.0% | -1.0% |
Days on Market | 93 | 4.0% |
Demographics — Genoa
As of the latest ACS Survey released in 2023, Genoa has a population of 1,260, which has increased by 99.1% over the past 5 years. Genoa is a less popular place for families, as children make up 10.0% of the population. The area has a highly educated workforce, with 58.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,260 | 99.1% |
% Under 18 | 10.0% | -36.3% |
% Seniors | 50.7% | 20.1% |
% WFH | 16.9% | 0.6% |
% w/ College Degree | 58.5% | 17.2% |
As of the latest ACS Survey released in 2023, Genoa is a predominantly white area, with 84.5% of the population identifying as white. The white population has shrunk by 14.6% in the last 5 years. The second most common race or ethnicity in Genoa is asian, making up 7.3% of the population. Foreign-born residents account for 9.3% of the population in Genoa, and this percentage has increased by Inf% 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 | 84.5% | -14.6% |
% Black | 0.0% | N/A |
% Hispanic | 5.2% | ∞% |
% Asian | 7.3% | ∞% |
% Foreign Born | 9.3% | ∞% |
Mortgage and Risk — Genoa
According to HUD data as of 2023, there were 60 mortgage originations in Genoa, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Genoa. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Genoa
Genoa lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $1,400 |
| 2 Bedroom | N/A | N/A | $1,700 |
| 3 Bedroom | -$710 | $3,100 | $2,390 |
| 4 Bedroom | N/A | N/A | $2,860 |
Affordability — Genoa
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.3 |
| Median Home Price | $1,080,000 |
| Median Household Income | $127,000 |