Genesee County, New York Housing Market Prices
Genesee County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 84% below the New York median Among the top 3 cheapest counties in New York$74,894
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Median rent 43% below the New York median$929
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Genesee County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $74,894 | $471,885 | $248,835 |
| Price Trend (Annual %) | 2.9% | 7.1% | 7.5% |
| Median Gross Rent | $929 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Genesee County is about 84% lower than in New York. Rent is about 43% lower than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Genesee County, up about 2.9% and 3.3% a year respectively. Rent is changing faster.
Median rent in Genesee County rose about 28.3% between 2015 and 2024, from $724 to $929. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 1.0 yearly household incomes in Genesee County.
Buying the median-priced home in Genesee County costs roughly 6.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Genesee County. The price-to-rent ratio in New York is about 24.3.
| Metric | Genesee County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $74,894 | $471,885 | $248,835 |
| Median Household Income | $73,153 | $86,556 | $80,455 |
| Price-to-Income Ratio | 1.0 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Genesee County fell about 24.6%, while median household income rose about 43.5% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Genesee County | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.1% | 48.8% | 58.5% |
| Rental Rate | 24.9% | 41.1% | 31.2% |
| Vacancy Rate | 5.0% | 10.1% | 10.2% |
| Median Tenure (years) | 19.0 | 17.0 | 15.0 |
| Median Year Moved In | 2007 | 2009 | 2011 |
Genesee County has a homeownership rate of 70.1%, higher than the New York average of 48.8%. Its housing vacancy rate is 5.0%, compared with 10.1% in New York.
Housing Stock
| Metric | Genesee County | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.27 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1957 | 1960 | 1978 |
| Median Number of Rooms | 6.1 | 5.0 | 5.5 |
The typical housing unit in Genesee County was built around 1957. On average, 2.3 people live in a home with about 6.1 rooms, staying for about 19.0 years on average.
Genesee County, NY Housing Compared With Nearby Counties
Genesee County, NY is typical in size for this group, 57,790 residents against a local median of 61,495, so the measures below are close to a like for like comparison. Genesee County, NY's median home price, at $74,894, runs 56% below the $170,710 typical of the counties around it.
The counties themselves spread $487,710 on median home price, so Genesee County, NY sits at one end of an already wide local range rather than apart from it. Genesee County, NY has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Genesee County, NY | 57,790 | $74,894 #6/6 | $929 #4/6 | 73.8% #4/6 |
| Wyoming County, NY | 39,775 | $571,081 | $802 | 75.9% |
| Orleans County, NY | 39,608 | $251,667 | $873 | 77.2% |
| Livingston County, NY | 61,495 | $83,371 | $931 | 76.3% |
| Monroe County, NY | 753,564 | $159,902 | $1,172 | 63.7% |
| Erie County, NY | 948,176 | $170,710 | $1,089 | 65.9% |
Frequently Asked Questions
Common questions about the housing market in Genesee County, New York.
What is the median home price in Genesee County, New York?
The median home price in Genesee County, New York is $74,894, lower than the New York average of $471,885.
What is the average home price in Genesee County, New York?
The typical home price in Genesee County, New York, reported as the median sale price, is $74,894. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Genesee County, New York?
The median gross rent in Genesee County, New York is $929 per month, lower than the New York average of $1,621.
What was the median gross rent in Genesee County in 2020?
In 2020, the median gross rent in Genesee County, New York was $785 per month.
What is the price-to-rent ratio in Genesee County, New York?
The price-to-rent ratio in Genesee County, New York is about 6.7, meaning it would take roughly 6.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Genesee County.
Are home prices or rent rising faster in Genesee County, New York?
Both home prices and rent are rising in Genesee County, up about 2.9% and 3.3% a year respectively. Rent is changing faster.
What is the homeownership rate in Genesee County, New York?
70.1% of households in Genesee County, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Genesee County, New York?
The housing vacancy rate in Genesee County, New York is 5.0%, lower than the New York average of 10.1%.
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