8 hours on Rocket
$4,156 Closing Credit¹
#872747, Listing Office: Keller Williams Realty Greater
Schenectady Housing Market Report May 2025•Schenectady County, New York
Housing Prices in Schenectady, NY
How much do homes in Schenectady, NY cost?
Housing Market Conditions
Is Schenectady, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Schenectady is a Seller's Market
Difference Since May 2024
Since last year, Schenectady has remained a Seller's Market.
Insight
Schenectady is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$280,000$181/SqFt
+$22,906
+8.9%
Based on all homes sold in the last 12 months
Insight
Homes in Schenectady have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Schenectady was $280,000 in May 2025, up 8.9% from last year, and the median price per square foot was $181.
Median Sold Price By Cities
| City | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| Schenectady | $257K | $280K | +8.9% |
| Glenville | $280.5K | $300K | +7.0% |
| Rotterdam | $250K | $265K | +6.0% |
| Niskayuna | $380K | $399.9K | +5.3% |
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $197K | $152K | -22.8% |
| 22 Bedrooms | $200K | $220K | +10.0% |
| 33 Bedrooms | $255K | $275K | +7.8% |
| 44 Bedrooms | $300K | $326.9K | +9.0% |
| 55+ Bedrooms | $270K | $300K | +11.1% |
Summary: Schenectady housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -22.8%. The home price for 2 bedroom homes increased by +10.0%. The home price for 3 bedroom homes increased by +7.8%. The home price for 4 bedroom homes increased by +9.0%. The home price for 5 bedroom homes increased by +11.1%.
How does Schenectady, NY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Schenectady, NY
Housing supply in Schenectady, NY
How many homes are available in Schenectady, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 506Last MonthMay 2025 | ||
| 4892 months agoApr 2025 | +3.5 % Change MoMApr – May |
Summary: The Schenectady real estate market had 506 homes for sale in May 2025, a 3.5 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 125Last MonthMay 2025 | ||
| 972 months agoApr 2025 | +28.9 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 3 | +50.0% |
| 22 Bedrooms | 63 | 46 | -27.0% |
| 33 Bedrooms | 194 | 213 | +9.8% |
| 44 Bedrooms | 146 | 146 | 0.0% |
| 55+ Bedrooms | 84 | 98 | +16.7% |
Summary: Schenectady housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes decreased by -27.0%. The inventory for 3 bedroom homes increased by +9.8%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +16.7%.
Asking Price vs. Sold Price
How much do homes in Schenectady, NY cost?
Over Asking Price86 Homes
At Asking Price10 Homes
Under Asking Price29 Homes
Insight
If you're buying a home in Schenectady, you could pay more than the asking price. 68.8% of homes here sold above asking price last month.
Summary: A total of 125 homes were sold or pending in Schenectady in May 2025, up by 28.9% month-over-month. Of the 125 sold homes, 23% were sold under asking, 8% were sold at asking, and and 69% were sold over asking.
Days on Market for Schenectady, NY
How long does it take to sell a home in Schenectady, NY?
Breakdown of Home Sale Times
Under 30 Days94 Homes
30 – 90 Days22 Homes
Over 90 Days9 Homes
Insight
Many homes in Schenectady are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 125 homes were sold in Schenectady; 75% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 26 DaysThis YearMay 2025 | ||
| 26 Days1 year agoMay 2024 | -0.2 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Schenectady had an average listing age of 26 days in May 2025, down by 0.2% compared to the previous year.
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Newest Listings in Schenectady, NY
What homes are available in Schenectady, NY?
10 hours on Rocket
$9,499 Closing Credit¹
#202518703, Shannon McCarthy, Listing Office: eXp Realty
10 hours on Rocket
$7,659 Closing Credit¹
#202518699, Giuseppe Tropiano, Anthony Gucciardo, Listing Office: Gucciardo Real Estate LLC
22 hours on Rocket
$3,384 Closing Credit¹
#202518678, Bonnie L Sindel, The Bonnie Sindel Team, Listing Office: Coldwell Banker Prime Properties
22 hours on Rocket
$2,018 Closing Credit¹
#202518677, Matthew Jones, Listing Office: Hunt ERA
1 day on Rocket
$2,553 Closing Credit¹
#202518650, Shana Edwards, Listing Office: KW Platform
1 day on RocketTour
$3,753 Closing Credit¹
#202518632, Sharon Phanisnaraine, Listing Office: Monticello
1 day on Rocket
$3,859 Closing Credit¹
#202518633, Brenda Mayette, Listing Office: Miranda Real Estate Group, Inc
1 day on Rocket
$4,038 Closing Credit¹
#202518634, Jamie Sittner, Listing Office: Oxford Property Group USA
1 day on Rocket
$3,443 Closing Credit¹
#202518626, Philip W Wagner, Listing Office: Wagner Real Estate Group
1 day on Rocket
$10,000 Closing Credit¹
#202518623, Jamie Mattison, The Jamie Mattison Team, Listing Office: 518 Realty.Com Inc
1 day on Rocket
$5,338 Closing Credit¹
#202518614, John T Judski, Listing Office: Berkshire Hathaway Home Services Blake
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Nearby markets aren't available for Schenectady, NY
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MLS Disclaimers and Copyright
Based on information from Global MLS, and OneKey MLS for the period 06/01/2023 - 06/01/2025
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/3/2025, 9:40:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of OneKey MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/3/2025, 9:41:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.