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SCHENECTADY, NY 12304

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The SCHENECTADY, NY real estate market (12304) currently shows 57 active listings, with 35 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 50 days last year.

The median listing price has risen 2.4% year-over-year, from $261,113 to $267,450.

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

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

Market Overview

Active Listings
57
⇧ 23.9% vs 46 last year
Pending
35
61% pending ratio
Median Price
$267,450
⇧ 2.4% vs $261,113 last year
Average Price
$273,968
⇩ 2.2% vs $280,156 last year
Days on Market
51
⇧ 2% vs 50 days last year

Price Per Square Foot

Median $/sqft
$187
⇩ 8.8% vs $205/sqft last year
Median Home Size
1,391 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 57 this year vs 46 last year
  • Days on market: 51 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $267,450 (+2.4% YoY)
  • Average: $273,968 (-2.2% 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 10.3 miles — 474 listings ($187,879,272 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12304Schenectady, NY 123040.0 mi51$13,633,575$259,950$267,325
12303Schenectady, NY 123032.2 mi58$21,720,014$294,450$374,483
12308Schenectady, NY 123083.5 mi27$7,157,187$299,900$265,081
12084Guilderland, NY 120844.8 mi3$1,575,000$525,000$525,000
12205Albany, NY 122055.2 mi41$12,020,626$284,900$293,186
12110Latham, NY 121106.3 mi77$39,013,975$499,400$506,675
12306Schenectady, NY 123067.3 mi108$42,912,828$381,500$397,341
12211Albany, NY 122118.1 mi32$23,118,400$640,000$722,450
12009Altamont, NY 120098.7 mi15$6,075,495$388,950$405,033
12159Slingerlands, NY 121599.0 mi9$3,932,640$375,000$436,960
12208Albany, NY 122089.5 mi39$11,744,967$279,950$301,153
12056Duanesburg, NY 120569.8 mi5$1,349,725$269,945$269,945
12210Albany, NY 1221010.3 mi9$3,624,840$400,000$402,760

Frequently Asked Questions

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

As of February 2026, there are 57 active listings in SCHENECTADY, NY (zip code 12304), compared to 46 the prior year.

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

The median listing price in SCHENECTADY, NY 12304 is $267,450 as of February 2026, a 2.4% increase from $261,113 the prior year.

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

Homes in SCHENECTADY, NY 12304 spend an average of 51 days on the market before going under contract, compared to 50 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 February 2026, SCHENECTADY, NY 12304 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 50 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 $5,349 compared to a typical 5% commission on the median listing price of $267,450. 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.