Much like other places in this area, it is significantly less expensive compared to the country as a whole. However it is substantially more expensive compared to the city of Detroit.
Home prices
The value of the median home in Genoa is $109,700. In comparison to the surrounding areas it is about $4,200 (3%) lower.Compared to the US as a whole it is approximately $107,800 (49%) lower, and in comparison to the city of Detroit is roughly $60,500 (122%) higher.
Rents
The median rent in Genoa is $740 per month. It is roughly $45 (5%) lower compared to other places in this area.It is about $322 (30%) lower compared to the rest of the country, and it is roughly $84 (10%) lower in comparison to the city of Detroit.
Nearby places
Clay Center
Clay Center is about 3 miles north of Genoa. Housing prices there are a bit less expensive. The median home in Clay Center is valued at $89,400, which comes out to $20,300 (22%) lower than Genoa. Rents there are a bit more expensive. The median rent in Clay Center is $940 per month, which works out to $200 (21%) higher than Genoa.
Millbury
Millbury is about 4 miles northwest of Genoa. Real estate prices there are a little more expensive. The median home price in Millbury is $143,900, which works out to $34,200 (23%) higher than Genoa. The rent there is a bit more expensive. Millbury's median rent is $845 a month, which is $105 (12%) higher than Genoa.
Elmore
Elmore is approximately 4 miles southeast from Genoa. Housing prices there are somewhat more expensive. The median home in Elmore is valued at $117,300, which comes out to $7,600 (6%) higher than Genoa. Its rents are a little less expensive. In Elmore the median rent is $633 per month, which is $107 (16%) lower than Genoa.
Woodville
Woodville is about 4 miles south from Genoa. Real estate prices there are somewhat more expensive. The median home in Woodville costs $129,200, which is $19,500 (15%) higher than Genoa. Rent there is a little less expensive. The median rent in Woodville is $686 per month, which works out to $54 (7%) lower than Genoa.
Stony Ridge
Stony Ridge is approximately 6 miles west from Genoa. Its real estate prices are a bit less expensive. The median home cost in Stony Ridge is $89,700, which is $20,000 (22%) lower than Genoa. Rent there is somewhat more expensive. The median rent in Stony Ridge is $820 per month, which is $80 (9%) higher than Genoa.
