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Preforeclosure Homes in Genoa, NY 13071

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Living in Genoa, NY

Genoa, NY is a quaint town located along the eastern side of Cayuga Lake in the Finger Lakes region. Known for its picturesque landscapes, it offers a peaceful rural lifestyle along with convenient access to local amenities. Residents enjoy a close-knit community, beautiful parks, and outdoor activities such as hiking, fishing, and boating on the nearby lake.

Current Market Conditions in Genoa, NY

The real estate market in Genoa has shown consistent growth over the past year, with a steady increase in property values. This small-town charm combined with its proximity to nature makes it an appealing destination for homebuyers seeking tranquility away from bustling cities.

Investors are increasingly turning their attention to Genoa as more people seek weekend getaways and vacation homes near the Finger Lakes region. The demand for properties, particularly those with lake views, has led to a competitive market.

Home Value Estimator For Genoa, NY

There are currently 424 real estate properties in Genoa, NY, with a median automated valuation model (AVM) price of $213,764.00. 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, NY, 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, NY, is $294,921.00, with the most expensive house in Genoa, NY, topping out at $3,042,317.00 and the cheapest home in Genoa, NY, clocking in at $38,347.00. In other words, there’s something for every potential homebuyer or savvy investor in Genoa, NY!

Rent Prices In Genoa, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Genoa, NY, is on a rollercoaster ride. The average rent price in Genoa, NY, is $1,551.00. Indeed, when looking to rent in Genoa, NY, you can expect to pay as little as $940.00 or as much as $2,210.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in Genoa, NY -- 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.

Genoa, NY 13071 Preforeclosure Homes


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