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Featured local agent — Schenectady, NY
Sarah Mitchell
Compass Real Estate · Schenectady, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Schenectady, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$252,500median sale price
How is the Schenectady, NY housing market right now?
The median home sale price in Schenectady, NY is $252,500, up 1.0% year-over-year. Homes sell in an average of 10 days with 103 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 Schenectady a buyer's or seller's market?
Schenectady, NY is currently a strong seller's market, based on 2.9 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
36
Last 12 weeks
Days on market
10
Fast-moving
Active listings
103
2.9 months supply
Sale-to-list
102.8%
Above asking
What does the Schenectady housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $252,500 |
| Median list price | $269,450 |
| Year-over-year price change | +1.0% |
| Average days on market | 10 days |
| Active inventory | 103 listings |
| Months of supply | 2.9 months |
| Sale-to-list price ratio | 102.8% |
| Median price per sq ft | $141/sq ft |
| Homes sold (latest month) | 36 |
| New listings (latest month) | 74 |
| Listings with a price cut | 37.9% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Schenectady by property type?
How the Schenectady, 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 | $260,000 | $156/sq ft | 23 | 8 days |
| Townhouse | $234,450 | $172/sq ft | 2 | 638 days |
Source: Redfin · Updated monthly
The Schenectady housing market is currently classified as a strong seller's market with a median sale price of $252,500. Prices have risen 1.0% compared to last year, with homes spending an average of 10 days on market, indicating 2.9 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 5.9x provides context for how home values compare to local earning capacity.
Homes for sale in Schenectady
There are currently 103 homes listed for sale in Schenectady, New York. The median listing price is $269K.
Active listings
103
Homes on market
Median list price
$269K
Avg. days on market
10
Days until sale
New this week
74
Newly listed
Who lives in Schenectady?
Population
68,521
Median income
$56,398/yr
Median age
35.8 years
Owner-occupied
44.8%
College grads
23.6%
Avg commute
22.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Schenectady?
Zillow home value
$334,098
Zillow rent index
$1,489/mo
Price-to-rent ratio
18.7x
Price-to-income
5.9x
Source: Zillow Research
What is it like to live in Schenectady?
Schenectady is a community of approximately 69K residents with a median age of 35.8 years.The median household income is $56,398, which represents a working-class community with solid middle-income opportunities. 23.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 44.8%, showing a blend of owner and renter-occupied properties. The average commute time is 22.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Schenectady offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Schenectady?
32 schools tracked · 18,587 students
The largest public schools serving Schenectady, 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.
SCHENECTADY HIGH SCHOOL
Grades 8-12 · 2,860 students
NISKAYUNA HIGH SCHOOL
Grades 9-12 · 1,363 students
MOHONASEN SENIOR HIGH SCHOOL
Grades 9-12 · 890 students
MONT PLEASANT MIDDLE SCHOOL
Grades 6-8 · 708 students
JEFFERSON ELEMENTARY SCHOOL
Grades K-4 · 685 students
DRAPER MIDDLE SCHOOL
Grades 6-8 · 680 students
HERMAN L BRADT ELEMENTARY SCHOOL
Grades K-2 · 620 students
IROQUOIS MIDDLE SCHOOL
Grades 6-8 · 613 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 Schenectady, NY?
Want a head-to-head view? Compare Schenectady side-by-side with any other U.S. city using our market-comparison tool.
Is Schenectady a good real estate investment market?
For investors evaluating Schenectady, the price-to-rent ratio of 18.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 1.0% 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 Schenectady's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Schenectady's median home price.
Frequently asked questions
What is the average home price in Schenectady?
The median home sale price in Schenectady is $252,500, up 1.0% from last year.
How long do homes stay on market in Schenectady?
Homes typically spend 10 days on market before going under contract.
What is the median income in Schenectady?
The median household income is $56,398 per year.
Is Schenectady a buyer's or seller's market?
With 2.9 months of supply, Schenectady is currently a strong seller's market.
What is the Zillow home value estimate for Schenectady?
The Zillow Home Value Index (ZHVI) for Schenectady is $334,098, representing the typical home value in the area.
How much does a single-family home cost in Schenectady?
The median single-family home price in Schenectady, NY is $260,000 (about $156 per square foot).
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