Housing in Geneva
Geneva's housing market runs dramatically more affordable than New York's own statewide average, reflecting the city's small Finger Lakes setting and modest, declining population trend.
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Learn moreA real, substantial discount to the statewide average
Geneva's Zillow typical home value ran $193,037 -- roughly 63% below New York's own statewide average of $527,312, with a comparable, separately-cited figure for the Seneca Lake-adjacent zip running $187,404.
A modest, declining population underlies the affordability
Geneva's population has declined modestly since the 2020 census (approximately -0.69%/year) -- a real, disclosed factor likely contributing to the market's comparative affordability relative to growing Finger Lakes peers.
Rent runs substantially below the national average
Geneva's average rent ran approximately $1,199/month, with the largest single share of listings (approximately 60%) falling in the $1,001-$1,500/month range.
Key takeaways
- Geneva's typical home value runs roughly 63% below New York's own statewide average.
- A modest, disclosed population decline underlies the market's comparative affordability.
- Rent runs approximately 39% below the national average.
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