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SCHENECTADY, NY 12303

Real Estate Market Report  ·  Albany County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SCHENECTADY, NY real estate market (12303) currently shows 62 active listings, with 42 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 40 days on market compared to 43 days last year.

The median listing price has risen 8.8% year-over-year, from $274,900 to $299,000.

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: 29,680  ·  Density: 736.1/mi²  ·  Median household income: $77,917

Typical home value: $217,154  ·  Homeownership: 73.7%

Market Overview

Active Listings
62
⇩ 17.3% vs 75 last year
Pending
42
68% pending ratio
Median Price
$299,000
⇧ 8.8% vs $274,900 last year
Average Price
$430,160
⇧ 1.8% vs $422,595 last year
Days on Market
40
⇩ 7% vs 43 days last year

Price Per Square Foot

Median $/sqft
$219
⇧ 7.4% vs $204/sqft last year
Median Home Size
1,482 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 62 this year vs 75 last year
  • Days on market: 40 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $299,000 (+8.8% YoY)
  • Average: $430,160 (+1.8% 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 10.3 miles — 299 listings ($125,793,348 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12303Schenectady, NY 123030.0 mi59$24,098,727$299,725$408,453
12084Guilderland, NY 120843.4 mi2$1,250,000$625,000$625,000
12085Guilderland Center, NY 120854.0 mi1$330,000$330,000$330,000
12305Schenectady, NY 123054.5 mi6$1,847,370$321,675$307,895
12205Albany, NY 122055.3 mi43$12,672,788$303,000$294,716
12009Altamont, NY 120096.5 mi13$5,062,850$368,000$389,450
12148Rexford, NY 121487.1 mi7$6,935,929$939,250$990,847
12159Slingerlands, NY 121597.6 mi11$4,799,025$357,100$436,275
12211Albany, NY 122118.7 mi36$23,989,608$594,950$666,378
12208Albany, NY 122088.9 mi36$11,868,984$287,400$329,694
12302Schenectady, NY 123029.6 mi55$22,715,165$299,900$413,003
12054Delmar, NY 1205410.2 mi12$5,793,804$537,400$482,817
12209Albany, NY 1220910.3 mi18$4,429,098$244,450$246,061

Frequently Asked Questions

How many homes are for sale in SCHENECTADY, NY 12303?

As of March 2026, there are 62 active listings in SCHENECTADY, NY (zip code 12303), compared to 75 the prior year.

What is the median home price in SCHENECTADY, NY 12303?

The median listing price in SCHENECTADY, NY 12303 is $299,000 as of March 2026, a 8.8% increase from $274,900 the prior year.

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

Homes in SCHENECTADY, NY 12303 spend an average of 40 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in SCHENECTADY, NY 12303?

Based on current inventory and days-on-market data as of March 2026, SCHENECTADY, NY 12303 is currently a Seller's Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 40 days on market compared to 43 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 12303 save an estimated $5,980 compared to a typical 5% commission on the median listing price of $299,000. 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.