Genesee, NY housing market
Builders were permitted 1 new home in 2025.
Home values, sales, trends and how Genesee compares with the towns next door — updated as new data is published.
1 new home permitted in 2025
Builders were permitted 1 new home in Genesee in 2025. That's 0.7 per 1,000 residents, slower than across New York (1.8). Over the past 10 years, Genesee has permitted 1 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Genesee's population fell by 60 even though 8 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across New York: 2.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $4,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | $171,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 3 | 3 | 0 | $158,000 |
| 2013 | 1 | 1 | 0 | $53,000 |
| 2012 | 1 | 1 | 0 | $53,000 |
| 2011 | 1 | 1 | 0 | $53,000 |
| 2010 | 2 | 2 | 0 | $105,000 |
| 2009 | 11 | 11 | 0 | $562,000 |
| 2008 | 2 | 2 | 0 | $202,000 |
| 2007 | 2 | 2 | 0 | $135,000 |
| 2006 | 3 | 3 | 0 | $405,000 |
| 2005 | 8 | 8 | 0 | $776,000 |
| 2004 | 1 | 1 | 0 | $78,000 |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 10 | 10 | 0 | $778,000 |
| 2001 | 7 | 7 | 0 | $544,000 |
| 2000 | 9 | 9 | 0 | $700,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Genesee and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Genesee | — | — | $990 | 1 | $66,442 |
| Portville | — | — | $1,020 | 0 | $66,250 |
| Clarksville | — | — | $1,050 | 0 | $44,500 |
| Bolivar | $113K | +9.7% | $1,000 | 0 | $58,548 |
1.6 years of income
The typical Genesee home costs about 1.6 years of the town's median household income, less than across New York (6.1 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $990
HUD's Fair Market Rent for a two-bedroom in Genesee is $990 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Genesee pay a median of $831, so moving in tends to cost more than staying put. A two-bedroom takes about 18% of the town's median household income.
Studio $760 · 4 bedrooms $1,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (14715, 14721, 14727, 14754, 14770; Allegany County, NY), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.