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SCHENECTADY, NY 12309

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 (12309) currently shows 71 active listings, with 40 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 40 days on market compared to 64 days last year.

The median listing price has fallen 7% year-over-year, from $499,900 to $464,900.

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: 33,332  ·  Density: 732.6/mi²  ·  Median household income: $119,268

Typical home value: $284,615  ·  Homeownership: 82.2%

Market Overview

Active Listings
71
⇧ 9.2% vs 65 last year
Pending
40
56% pending ratio
Median Price
$464,900
⇩ 7% vs $499,900 last year
Average Price
$596,320
⇧ 14.3% vs $521,815 last year
Days on Market
40
⇩ 37.5% vs 64 days last year

Price Per Square Foot

Median $/sqft
$239
⇧ 3.5% vs $231/sqft last year
Median Home Size
2,112 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 71 this year vs 65 last year
  • Days on market: 40 now vs 64 last year

Median & Average Pricing

Year over Year
  • Median: $464,900 (-7% YoY)
  • Average: $596,320 (+14.3% 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 10.4 miles — 532 listings ($265,693,214 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12309Schenectady, NY 123090.0 mi59$35,912,415$463,675$608,685
12148Rexford, NY 121482.8 mi7$6,935,929$939,250$990,847
12307Schenectady, NY 123073.4 mi8$1,470,832$206,000$183,854
12303Schenectady, NY 123034.4 mi59$24,098,727$299,725$408,453
12065Clifton Park, NY 120655.7 mi90$58,223,250$695,500$646,925
12084Guilderland, NY 120846.6 mi2$1,250,000$625,000$625,000
12203Albany, NY 122038.0 mi41$19,276,314$354,450$470,154
12302Schenectady, NY 123028.3 mi55$22,715,165$299,900$413,003
12306Schenectady, NY 123068.4 mi110$41,219,860$386,500$374,726
12027Burnt Hills, NY 120278.8 mi4$1,678,000$419,500$419,500
12019Ballston Lake, NY 120199.2 mi67$45,697,082$703,900$682,046
12206Albany, NY 122069.5 mi20$4,488,720$225,000$224,436
12204Albany, NY 1220410.4 mi10$2,726,920$214,675$272,692

Frequently Asked Questions

How many homes are for sale in SCHENECTADY, NY 12309?

As of March 2026, there are 71 active listings in SCHENECTADY, NY (zip code 12309), compared to 65 the prior year.

What is the median home price in SCHENECTADY, NY 12309?

The median listing price in SCHENECTADY, NY 12309 is $464,900 as of March 2026, a 7% decrease from $499,900 the prior year.

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

Homes in SCHENECTADY, NY 12309 spend an average of 40 days on the market before going under contract, compared to 64 days the prior year.

Is it a seller's or buyer's market in SCHENECTADY, NY 12309?

Based on current inventory and days-on-market data as of March 2026, SCHENECTADY, NY 12309 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 40 days on market compared to 64 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 12309 save an estimated $9,298 compared to a typical 5% commission on the median listing price of $464,900. 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.