The story of this market
The typical home in ZIP 12345 sells for about $254,861, or $182 per square foot.
Prices are up +6.2% from a year ago, so sellers still have some momentum. Homes take about 8.5 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,450 a month.
This ZIP has no home sales of its own, so its market figures come from Schenectady, New York (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 12345 — Schenectady
ZIP 12345 is a unique, business-only postal code assigned to the General Electric campus in Schenectady. Because it contains no residential housing units, all residential market metrics such as median price, sales count, and demographic data are null or zero. The only available market-related figure is the HUD Fair Market Rent, which is provided for administrative purposes.
This ZIP is not a residential market; it is a unique corporate postal code for the General Electric campus and does not accommodate family buyers or residential renters.
Median prices moved up 6.2% year over year.
Homes spend a median of 9 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
Awaiting this reading — not graded.
ZIP 12345 is a unique postal code assigned exclusively to the General Electric historic campus in Schenectady, serving business rather than residential needs.
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.
The HUD Small Area Fair Market Rent for a two-bedroom unit in this ZIP is $1,590 as of FY 2027, reflecting a 29.3% increase since FY 2023.
The area is dominated by the General Electric industrial campus, which serves as the primary economic anchor for this specific ZIP code.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
The historic headquarters and industrial site for which the ZIP code was exclusively created.