Genoa, CO Foreclosures
How much do homes sell for in Genoa, CO?
The average home price is currently $294,647.
In Genoa, CO, how many homes are available?
There are currently 2 active home listings available in Genoa.
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 $3,634,400.
What is currently the cheapest priced home in Genoa, CO?
The cheapest home for sale in Genoa is priced at $11,259.
Living in Genoa, CO
Genoa, Colorado, is a quaint rural town known for its agricultural background and close-knit community. The lifestyle is serene and appealing to those who appreciate nature and a slower pace of life, surrounded by vast open plains. With nearby amenities and local events, Genoa offers a unique, nostalgic experience for its residents.
Current Market Conditions in Genoa, CO
The real estate market in Genoa is currently favorable for buyers, with property prices remaining relatively stable. Interest rates have had a slight impact, but homes are still affordable, making it an attractive option for first-time buyers and investors. The small-town charm combined with the affordability continues to draw interest.
Recent trends show a gradual increase in home purchases, with more families searching for space and a community-centered lifestyle. As remote working opportunities rise, more individuals are looking to settle in rural areas like Genoa, enhancing the local housing market.
Home Value Estimator For Genoa, CO
There are currently 146 real estate properties
in Genoa, CO,
with a median automated valuation model (AVM) price
of $217,937.00. 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 $294,647.00, with the most expensive house
in Genoa, CO, topping out
at $3,634,400.00 and the cheapest home
in Genoa, CO,
clocking in at $11,259.00. 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.