Genoa, WV Foreclosures
How much do homes sell for in Genoa, WV?
The average home price is currently $113,675.
In Genoa, WV, how many homes are available?
There are currently 1 active home listings available in Genoa.
What’s the average rental cost in Genoa, WV?
The average rental price in Genoa is $914.
What is the most expensive home in Genoa?
The most expensive home sold in Genoa had a price of $352,246.
What is currently the cheapest priced home in Genoa, WV?
The cheapest home for sale in Genoa is priced at $26,198.
Living in Genoa, WV
Genoa, West Virginia, is a serene, rural community nestled in the Appalachian region with a rich natural landscape and a welcoming small-town atmosphere. Boasting a population of around 500, the town offers a tight-knit community feel with access to various outdoor activities and local amenities. Ideal for those seeking tranquility and nature, Genoa is a gem in southern West Virginia.
Current Market Conditions in Genoa, WV
The real estate market in Genoa is currently stable, with property values slowly appreciating due to its scenic location and community charm. The demand for homes has seen a steady increase, particularly among those looking for vacation homes or retiree properties. While the inventory remains limited, buyers are drawn to the serene environment and outdoor opportunities.
Investors and potential homeowners may find that homes in Genoa provide good value for money, with relatively low price points compared to nearby urban centers. The region's market has shown resilience, and there are growth opportunities, particularly for properties that can be renovated or updated.
Overall, the market is experiencing a gradual upswing as more people recognize the appeal of rural living in West Virginia.
Home Value Estimator For Genoa, WV
There are currently 198 real estate properties
in Genoa, WV,
with a median automated valuation model (AVM) price
of $102,737.00. 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, WV, 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, WV,
is $113,675.00, with the most expensive house
in Genoa, WV, topping out
at $352,246.00 and the cheapest home
in Genoa, WV,
clocking in at $26,198.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Genoa, WV!
Rent Prices
In Genoa, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Genoa, WV, is on
a rollercoaster ride. The
average rent price in Genoa, WV,
is $914.00. Indeed, when looking to rent in
Genoa, WV, you can expect to pay as little
as $560.00 or as much
as $1,380.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Genoa, WV
-- 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.
Learn more on Foreclosure homes
