New - 1 hour on Rocket
$3,562 Closing Credit¹
#202512357, Luanne Sciotti, Listing Office: Howard Hanna
Schenectady Housing Market Report January 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 January 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
$271,421$178/SqFt
+$21,421
+8.6%
Based on all homes sold in the last 12 months
Insight
Homes in Schenectady have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Schenectady was $271,421 in January 2025, up 8.6% from last year, and the median price per square foot was $178.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Schenectady | $250K | $271.4K | +8.6% |
| Rotterdam | $245K | $263K | +7.3% |
| Glenville | $275K | $292.2K | +6.3% |
| Niskayuna | $367K | $388.5K | +5.9% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $134.9K | $155K | +14.9% |
| 22 Bedrooms | $200K | $210.5K | +5.3% |
| 33 Bedrooms | $249.7K | $270K | +8.1% |
| 44 Bedrooms | $296.5K | $325K | +9.6% |
| 55+ Bedrooms | $253.5K | $287.5K | +13.4% |
Summary: Schenectady housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +14.9%. The home price for 2 bedroom homes increased by +5.3%. The home price for 3 bedroom homes increased by +8.1%. The home price for 4 bedroom homes increased by +9.6%. The home price for 5 bedroom homes increased by +13.4%.
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 |
|---|---|---|
| 411Last MonthJan 2025 | ||
| 4902 months agoDec 2024 | -16.1 % Change MoMDec – Jan |
Summary: The Schenectady real estate market had 411 homes for sale in Jan 2025, a 16.1 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 112Last MonthJan 2025 | ||
| 1472 months agoDec 2024 | -23.8 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 6 | 3 | -50.0% |
| 22 Bedrooms | 60 | 56 | -6.7% |
| 33 Bedrooms | 202 | 159 | -21.3% |
| 44 Bedrooms | 142 | 123 | -13.4% |
| 55+ Bedrooms | 80 | 70 | -12.5% |
Summary: Schenectady housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -6.7%. The inventory for 3 bedroom homes decreased by -21.3%. The inventory for 4 bedroom homes decreased by -13.4%. The inventory for 5 bedroom homes decreased by -12.5%.
Asking Price vs. Sold Price
How much do homes in Schenectady, NY cost?
Over Asking Price46 Homes
At Asking Price21 Homes
Under Asking Price45 Homes
Insight
If you're buying a home in Schenectady, you could pay more than the asking price. 41.1% of homes here sold above asking price last month.
Summary: A total of 112 homes were sold or pending in Schenectady in January 2025, down by 23.8% month-over-month. Of the 112 sold homes, 40% were sold under asking, 19% were sold at asking, and and 41% 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 Days84 Homes
30 – 90 Days19 Homes
Over 90 Days9 Homes
Insight
Many homes in Schenectady are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 112 homes were sold in Schenectady; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 29 DaysThis YearJan 2025 | ||
| 27 Days1 year agoJan 2024 | +6.5 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Schenectady had an average listing age of 29 days in Jan 2025, up by 6.5% compared to the previous year.
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Newest Listings in Schenectady, NY
What homes are available in Schenectady, NY?
New - 1 hour on Rocket
$2,672 Closing Credit¹
#202512355, Andrea LeFevre, Paul Friello, Listing Office: Coldwell Banker Prime Properties
New - 1 hour on Rocket
$3,205 Closing Credit¹
#202512356, Christine M Serafini, Listing Office: Miranda Real Estate Group Inc
New - 3 hours on Rocket
$5,759 Closing Credit¹
#202512352, William Coons, Michele Coons, Listing Office: Howard Hanna
New - 7 hours on Rocket
$3,978 Closing Credit¹
#202512340, Deborah Bremm, Listing Office: Howard Hanna
New - 9 hours on Rocket
$3,561 Closing Credit¹
#202512336, Kelly J Canuet, Listing Office: Sinkoff Realty Group
New - 16 hours on Rocket
$7,463 Closing Credit¹
#202512334, James C Furey, Listing Office: eXp Realty
New - 1 day on Rocket3D tour
$4,150 Closing Credit¹
#202512310, Yogesh Lachman, Listing Office: Lachman Real Estate Group
New - 1 day on Rocket
$2,719 Closing Credit¹
#202512302, Brian S Sinkoff, Listing Office: Sinkoff Realty Group
New - 1 day on Rocket
$3,432 Closing Credit¹
#202512301, Saad Tai, Listing Office: Real Broker NY LLC
New - 1 day on Rocket
$3,444 Closing Credit¹
#202512300, Christine M Serafini, Listing Office: Miranda Real Estate Group Inc
New - 1 day on Rocket
$4,511 Closing Credit¹
#202512298, Christine M Serafini, Listing Office: Miranda Real Estate Group Inc
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Nearby markets aren't available for Schenectady, NY
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Based on information from Global MLS, and OneKey MLS for the period 02/01/2023 - 02/01/2025
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: 2/21/2025, 3:20:58 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: 2/21/2025, 3:11:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.