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Featured local agent — Rensselaer, NY
Sarah Mitchell
Compass Real Estate · Rensselaer, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rensselaer, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$265,000median sale price
How is the Rensselaer, NY housing market right now?
The median home sale price in Rensselaer, NY is $265,000, up 15.2% year-over-year. Homes sell in an average of 10 days with 10 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Rensselaer a buyer's or seller's market?
Rensselaer, NY is currently a strong seller's market, based on 3.3 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
10
Fast-moving
Active listings
10
3.3 months supply
Sale-to-list
106.9%
Above asking
What does the Rensselaer housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $265,000 |
| Median list price | $290,000 |
| Year-over-year price change | +15.2% |
| Average days on market | 10 days |
| Active inventory | 10 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 106.9% |
| Median price per sq ft | $141/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 7 |
| Listings with a price cut | 30.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Rensselaer by property type?
How the Rensselaer, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $250,000 | $175/sq ft | 3 | 7 days |
| Condo / Co-op | $265,000 | $249/sq ft | 1 | 1 days |
| Townhouse | $332,000 | $182/sq ft | 1 | 5 days |
Source: Redfin · Updated monthly
The Rensselaer housing market is currently classified as a strong seller's market with a median sale price of $265,000. Prices have risen 15.2% compared to last year, with homes spending an average of 10 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Rensselaer
There are currently 10 homes listed for sale in Rensselaer, New York. The median listing price is $290K.
Active listings
10
Homes on market
Median list price
$290K
Avg. days on market
10
Days until sale
New this week
7
Newly listed
Who lives in Rensselaer?
Population
9,247
Median income
$66,046/yr
Median age
38.9 years
Owner-occupied
44.9%
College grads
26.5%
Avg commute
23.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Rensselaer?
Zillow home value
$320,965
Zillow rent index
$1,970/mo
Price-to-rent ratio
13.6x
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Rensselaer?
Rensselaer is a community of approximately 9K residents with a median age of 38.9 years.The median household income is $66,046, which represents a working-class community with solid middle-income opportunities. 26.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 44.9%, showing a blend of owner and renter-occupied properties. The average commute time is 23.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rensselaer offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Rensselaer?
3 schools tracked · 1,420 students
The largest public schools serving Rensselaer, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
RENSSELAER JUNIOR/SENIOR HIGH SCHOOL
Grades 6-12 · 478 students
VAN RENSSELAER ELEMENTARY SCHOOL
Grades PK-5 · 475 students
RED MILL SCHOOL
Grades PK-5 · 467 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Rensselaer, NY?
Want a head-to-head view? Compare Rensselaer side-by-side with any other U.S. city using our market-comparison tool.
Is Rensselaer a good real estate investment market?
For investors evaluating Rensselaer, the price-to-rent ratio of 13.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 15.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Rensselaer's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Rensselaer's median home price.
Frequently asked questions
What is the average home price in Rensselaer?
The median home sale price in Rensselaer is $265,000, up 15.2% from last year.
How long do homes stay on market in Rensselaer?
Homes typically spend 10 days on market before going under contract.
What is the median income in Rensselaer?
The median household income is $66,046 per year.
Is Rensselaer a buyer's or seller's market?
With 3.3 months of supply, Rensselaer is currently a strong seller's market.
What is the Zillow home value estimate for Rensselaer?
The Zillow Home Value Index (ZHVI) for Rensselaer is $320,965, representing the typical home value in the area.
What is the median condo price in Rensselaer?
The median condo/co-op sale price in Rensselaer, NY is $265,000, compared to $250,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Rensselaer?
The median single-family home price in Rensselaer, NY is $250,000 (about $175 per square foot).
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