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SCHENECTADY, NY 12308

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The SCHENECTADY, NY real estate market (12308) currently shows 27 active listings, with 14 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 49 days on market compared to 84 days last year.

The median listing price has risen 41.2% year-over-year, from $212,450 to $299,900.

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

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

Market Overview

Active Listings
27
⇧ 22.7% vs 22 last year
Pending
14
52% pending ratio
Median Price
$299,900
⇧ 41.2% vs $212,450 last year
Average Price
$282,254
⇧ 39.9% vs $201,685 last year
Days on Market
49
⇩ 41.7% vs 84 days last year

Price Per Square Foot

Median $/sqft
$177
⇧ 39.4% vs $127/sqft last year
Median Home Size
1,660 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 22 last year
  • Days on market: 49 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $299,900 (+41.2% YoY)
  • Average: $282,254 (+39.9% 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 — 489 listings ($221,588,514 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12308Schenectady, NY 123080.0 mi27$7,157,187$299,900$265,081
12305Schenectady, NY 123051.7 mi3$931,020$327,400$310,340
12304Schenectady, NY 123043.5 mi51$13,633,575$259,950$267,325
12303Schenectady, NY 123035.0 mi58$21,720,014$294,450$374,483
12306Schenectady, NY 123065.8 mi108$42,912,828$381,500$397,341
12065Clifton Park, NY 120657.1 mi95$58,311,190$650,900$613,802
12019Ballston Lake, NY 120197.7 mi61$39,823,179$700,940$652,839
12205Albany, NY 122058.5 mi41$12,020,626$284,900$293,186
12085Guilderland Center, NY 120858.7 mi1$343,000$343,000$343,000
12151Round Lake, NY 121519.8 mi2$895,000$447,500$447,500
12009Altamont, NY 1200910.3 mi15$6,075,495$388,950$405,033
12137Pattersonville, NY 1213710.9 mi3$4,137,000$930,000$1,379,000
12188Waterford, NY 1218811.4 mi24$13,628,400$559,450$567,850

Frequently Asked Questions

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

As of February 2026, there are 27 active listings in SCHENECTADY, NY (zip code 12308), compared to 22 the prior year.

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

The median listing price in SCHENECTADY, NY 12308 is $299,900 as of February 2026, a 41.2% increase from $212,450 the prior year.

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

Homes in SCHENECTADY, NY 12308 spend an average of 49 days on the market before going under contract, compared to 84 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 February 2026, SCHENECTADY, NY 12308 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 49 days on market compared to 84 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 $5,998 compared to a typical 5% commission on the median listing price of $299,900. 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.