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SCHENECTADY, NY 12304

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

Market Analysis

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

The SCHENECTADY, NY real estate market (12304) currently shows 73 active listings, with 41 pending sales. Homes are averaging 31 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 31 days on market compared to 53 days last year.

The median listing price has risen 6.1% year-over-year, from $263,700 to $279,675.

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Market Context

Market Context

Population: 21,901  ·  Density: 1,268.8/mi²  ·  Median household income: $63,349

Typical home value: $153,271  ·  Homeownership: 57.9%

Market Overview

Active Listings
73
⇧ 19.7% vs 61 last year
Pending
41
56% pending ratio
Median Price
$279,675
⇧ 6.1% vs $263,700 last year
Average Price
$292,371
⇧ 6.7% vs $274,103 last year
Days on Market
31
⇩ 41.5% vs 53 days last year

Price Per Square Foot

Median $/sqft
$210
⇩ 0.9% vs $212/sqft last year
Median Home Size
1,253 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 73 this year vs 61 last year
  • Days on market: 31 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $279,675 (+6.1% YoY)
  • Average: $292,371 (+6.7% 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 — 482 listings ($192,936,915 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12304Schenectady, NY 123040.0 mi57$15,616,176$267,450$273,968
12303Schenectady, NY 123032.2 mi59$24,098,727$299,725$408,453
12308Schenectady, NY 123083.5 mi27$7,620,858$299,900$282,254
12084Guilderland, NY 120844.8 mi2$1,250,000$625,000$625,000
12205Albany, NY 122055.2 mi43$12,672,788$303,000$294,716
12110Latham, NY 121106.3 mi75$40,719,600$499,400$542,928
12306Schenectady, NY 123067.3 mi110$41,219,860$386,500$374,726
12211Albany, NY 122118.1 mi36$23,989,608$594,950$666,378
12009Altamont, NY 120098.7 mi13$5,062,850$368,000$389,450
12159Slingerlands, NY 121599.0 mi11$4,799,025$357,100$436,275
12208Albany, NY 122089.5 mi36$11,868,984$287,400$329,694
12056Duanesburg, NY 120569.8 mi5$978,335$179,900$195,667
12210Albany, NY 1221010.3 mi8$3,040,104$406,250$380,013

Frequently Asked Questions

How many homes are for sale in SCHENECTADY, NY 12304?

As of September 2026, there are 73 active listings in SCHENECTADY, NY (zip code 12304), compared to 61 the prior year.

What is the median home price in SCHENECTADY, NY 12304?

The median listing price in SCHENECTADY, NY 12304 is $279,675 as of September 2026, a 6.1% increase from $263,700 the prior year.

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

Homes in SCHENECTADY, NY 12304 spend an average of 31 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in SCHENECTADY, NY 12304?

Based on current inventory and days-on-market data as of September 2026, SCHENECTADY, NY 12304 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 31 days on market compared to 53 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 12304 save an estimated $5,594 compared to a typical 5% commission on the median listing price of $279,675. 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.