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SCHENECTADY, NY 12302

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SCHENECTADY, NY real estate market (12302) currently shows 60 active listings, with 43 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are selling faster, averaging 42 days on market compared to 46 days last year.

The median listing price has fallen 2.1% year-over-year, from $349,900 to $342,400.

Whether you are buying or selling in SCHENECTADY, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 27,915  ·  Density: 248.7/mi²  ·  Median household income: $89,468

Typical home value: $223,379  ·  Homeownership: 74.0%

Market Overview

Active Listings
60
⇧ 25% vs 48 last year
Pending
43
72% pending ratio
Median Price
$342,400
⇩ 2.1% vs $349,900 last year
Average Price
$415,216
⇩ 4.2% vs $433,605 last year
Days on Market
42
⇩ 8.7% vs 46 days last year

Price Per Square Foot

Median $/sqft
$221
⇧ 17.6% vs $188/sqft last year
Median Home Size
1,649 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 60 this year vs 48 last year
  • Days on market: 42 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $342,400 (-2.1% YoY)
  • Average: $415,216 (-4.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.6 miles — 498 listings ($275,150,952 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12302Schenectady, NY 123020.0 mi55$22,715,165$299,900$413,003
12027Burnt Hills, NY 120274.6 mi4$1,678,000$419,500$419,500
12308Schenectady, NY 123085.3 mi27$7,620,858$299,900$282,254
12307Schenectady, NY 123075.9 mi8$1,470,832$206,000$183,854
12137Pattersonville, NY 121377.6 mi3$4,125,900$930,000$1,375,300
12309Schenectady, NY 123098.3 mi59$35,912,415$463,675$608,685
12056Duanesburg, NY 120569.6 mi5$978,335$179,900$195,667
12020Ballston Spa, NY 1202010.0 mi103$73,673,119$633,048$715,273
12065Clifton Park, NY 1206510.1 mi90$58,223,250$695,500$646,925
12010Amsterdam, NY 1201010.3 mi51$18,268,608$284,975$358,208
12085Guilderland Center, NY 1208512.6 mi1$330,000$330,000$330,000
12009Altamont, NY 1200912.9 mi13$5,062,850$368,000$389,450
12118Mechanicville, NY 1211813.6 mi79$45,091,620$588,150$570,780

Frequently Asked Questions

How many homes are for sale in SCHENECTADY, NY 12302?

As of March 2026, there are 60 active listings in SCHENECTADY, NY (zip code 12302), compared to 48 the prior year.

What is the median home price in SCHENECTADY, NY 12302?

The median listing price in SCHENECTADY, NY 12302 is $342,400 as of March 2026, a 2.1% decrease from $349,900 the prior year.

How long do homes stay on the market in SCHENECTADY, NY?

Homes in SCHENECTADY, NY 12302 spend an average of 42 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in SCHENECTADY, NY 12302?

Based on current inventory and days-on-market data as of March 2026, SCHENECTADY, NY 12302 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 42 days on market compared to 46 days last year.

How much can I save on real estate commission in SCHENECTADY, NY?

With SELL123.com's maximum 3% commission, sellers in SCHENECTADY, NY 12302 save an estimated $6,848 compared to a typical 5% commission on the median listing price of $342,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.