Call or Text (240) SELL-123
Northside

SCHENECTADY, NY 12308

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

Market Analysis

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

The SCHENECTADY, NY real estate market (12308) currently shows 30 active listings, with 20 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are selling faster, averaging 53 days on market compared to 115 days last year.

The median listing price has risen 29.4% year-over-year, from $229,900 to $297,400.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for SCHENECTADY, NY 12308 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 14,367  ·  Density: 2,428.5/mi²  ·  Median household income: $56,156

Typical home value: $161,795  ·  Homeownership: 44.7%

Market Overview

Active Listings
30
⇧ 50% vs 20 last year
Pending
20
67% pending ratio
Median Price
$297,400
⇧ 29.4% vs $229,900 last year
Average Price
$274,442
⇧ 17.2% vs $234,077 last year
Days on Market
53
⇩ 53.9% vs 115 days last year

Price Per Square Foot

Median $/sqft
$161
vs $161/sqft last year
Median Home Size
1,749 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 30 this year vs 20 last year
  • Days on market: 53 now vs 115 last year

Median & Average Pricing

Year over Year
  • Median: $297,400 (+29.4% YoY)
  • Average: $274,442 (+17.2% 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 11.4 miles — 498 listings ($229,656,988 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12308Schenectady, NY 123080.0 mi27$7,620,858$299,900$282,254
12305Schenectady, NY 123051.7 mi6$1,847,370$321,675$307,895
12304Schenectady, NY 123043.5 mi57$15,616,176$267,450$273,968
12303Schenectady, NY 123035.0 mi59$24,098,727$299,725$408,453
12306Schenectady, NY 123065.8 mi110$41,219,860$386,500$374,726
12065Clifton Park, NY 120657.1 mi90$58,223,250$695,500$646,925
12019Ballston Lake, NY 120197.7 mi67$45,697,082$703,900$682,046
12205Albany, NY 122058.5 mi43$12,672,788$303,000$294,716
12085Guilderland Center, NY 120858.7 mi1$330,000$330,000$330,000
12151Round Lake, NY 121519.8 mi3$1,342,500$447,500$447,500
12009Altamont, NY 1200910.3 mi13$5,062,850$368,000$389,450
12137Pattersonville, NY 1213710.9 mi3$4,125,900$930,000$1,375,300
12188Waterford, NY 1218811.4 mi19$11,799,627$649,900$621,033

Frequently Asked Questions

How many homes are for sale in SCHENECTADY, NY 12308?

As of March 2026, there are 30 active listings in SCHENECTADY, NY (zip code 12308), compared to 20 the prior year.

What is the median home price in SCHENECTADY, NY 12308?

The median listing price in SCHENECTADY, NY 12308 is $297,400 as of March 2026, a 29.4% increase from $229,900 the prior year.

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

Homes in SCHENECTADY, NY 12308 spend an average of 53 days on the market before going under contract, compared to 115 days the prior year.

Is it a seller's or buyer's market in SCHENECTADY, NY 12308?

Based on current inventory and days-on-market data as of March 2026, SCHENECTADY, NY 12308 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 53 days on market compared to 115 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 12308 save an estimated $5,948 compared to a typical 5% commission on the median listing price of $297,400. 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.