Genoa, CO Foreclosures
How much do homes sell for in Genoa, CO?
The average home price is currently $296,451.
What’s the average rental cost in Genoa, CO?
The average rental price in Genoa is $1,118.
What is the most expensive home in Genoa?
The most expensive home sold in Genoa had a price of $3,745,300.
What is currently the cheapest priced home in Genoa, CO?
The cheapest home for sale in Genoa is priced at $18,378.
Living in Genoa, CO
Genoa, Colorado is a quaint town offering a peaceful rural lifestyle. With a small population, strong community ties, and easy access to outdoor activities, it’s a perfect spot for those looking to escape the hustle and bustle of bigger cities. Education options are available within the town, making it an attractive location for families.
Current Market Conditions in Genoa, CO
Over the past month, the real estate market in Genoa has shown signs of steadiness, with a slight increase in property inquiries. The limited supply of homes has kept prices relatively stable, resulting in a competitive environment for buyers looking for affordable options. Additionally, the community vibe and accessibility to nearby highways make it an appealing location for those seeking a quieter lifestyle with urban amenities within reach.
The real estate market in Genoa has remained stable over the past year with slight fluctuations in average home prices. The increasing interest in rural living has sparked some activity among homebuyers seeking more affordable housing options compared to metro areas. Properties are selling well, especially those with land and updated amenities, indicating a growing trend toward value in small-town America.
Home Value Estimator For Genoa, CO
There are currently 122 real estate properties
in Genoa, CO,
with a median automated valuation model (AVM) price
of $219,565.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Genoa, CO, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Genoa, CO,
is $296,451.00, with the most expensive house
in Genoa, CO, topping out
at $3,745,300.00 and the cheapest home
in Genoa, CO,
clocking in at $18,378.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Genoa, CO!
Rent Prices
In Genoa, CO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Genoa, CO, is on
a rollercoaster ride. The
average rent price in Genoa, CO,
is $1,118.00. Indeed, when looking to rent in
Genoa, CO, you can expect to pay as little
as $550.00 or as much
as $2,560.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Genoa, CO
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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