The housing market in 12302 Schenectady, NY is thriving. The median value of homes in the area is $249,100, which is significantly less than the US house median value of $338,100. In addition to being more affordable, the 1 year house appreciation rate for the area is 11.31%, which surpasses the US 1 year appreciation rate of 8.27%. This reflects a healthy and rapidly increasing housing market in 12302 Schenectady, NY that has great potential for investors and homebuyers alike.
The median home cost in Schenectady (zip 12302) is $249,100. Home appreciation the last 10 years has been 47.5%. Home Appreciation in Schenectady (zip 12302) is up 11.2%.
Average Age of Homes
- The median age of Schenectady (zip 12302) real estate is 60 years old
The Rental Market in Schenectady (zip 12302)
- Renters make up 22.3% of the Schenectady (zip 12302) population
- 1.8% of houses and apartments in Schenectady (zip 12302), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.