The story of this market
The typical home in City of Schenectady, New York sells for about $247,000, or $168 per square foot.
Prices are down 4.9% from a year ago, which gives buyers more room to negotiate. Homes take about 76 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,500 a month.
Monthly price momentum
Home values since 2015
+5.5%
NY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
City of Schenectady, New York
The Schenectady housing market is currently experiencing a competitive environment with a median listing price around $247,000 to $300,000 depending on the data source. Market activity shows a year-over-year price decline of approximately 4.9%, reflecting a cooling trend in the local residential sector. Inventory remains constrained, contributing to a seller-favored market in certain segments.
No ARED county foreclosure postings attributed to City of Schenectady yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 7 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 13.0% year over year.
Homes spend a median of 14 days on market with 0.8 months of supply — a fast-moving market.
10% of listings have cut prices · homes sell at 64.86% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.8% · poverty 20.1% — a mixed stability profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major natural feature providing recreational opportunities and scenic value to the city.
A primary municipal park offering green space and recreational facilities for residents.
A major gaming and entertainment destination located along the Mohawk River waterfront.
The city is served by local bus transit and is located near major highway corridors, with a mean commute time of approximately 22 minutes.
The local economy is anchored by a mix of manufacturing, healthcare, and service sectors, with ongoing efforts to revitalize the downtown core.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New York) — Income-Based Assessment for Affordable Rental Housing: The assessed valuation must be determined using the income approach based on actual net operating income, excluding subsidies, tax credits, or grants used for development costs. State (New York) — Real Property Tax Assessment: Real property is assessed by local jurisdictions based on a uniform percentage of value. The tax liability is calculated as (Assessed Value * Tax Rate) - Exemptions.
Data retrieved from Census Reporter and U.S. Census Bureau QuickFacts.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.