New - 44 minutes on Rocket
$4,333 Closing Credit¹
#202512324, Paula Anne Ross, Listing Office: Miranda Real Estate Group Inc
Schenectady County Housing Market Report January 2025•Schenectady County, New York
Housing Prices in Schenectady County, NY
How much do homes in Schenectady County, NY cost?
Housing Market Conditions
Is Schenectady County, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Schenectady County is a Seller's Market
Difference Since January 2024
Since last year, Schenectady County has remained a Seller's Market.
Insight
Schenectady County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$273,623$178/SqFt
+$23,623
+9.4%
Based on all homes sold in the last 12 months
Insight
Homes in Schenectady County have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Schenectady County was $273,623 in January 2025, up 9.4% from last year, and the median price per square foot was $178.
Median Sold Price By Counties
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Schenectady County | $250K | $273.6K | +9.4% |
| Montgomery County | $175.2K | $191.6K | +9.3% |
| Albany County | $285.3K | $311.5K | +9.2% |
| Saratoga County | $409.8K | $431.2K | +5.2% |
| Schoharie County | $221.4K | $226K | +2.1% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $125K | $155K | +24.0% |
| 22 Bedrooms | $198.2K | $210K | +5.9% |
| 33 Bedrooms | $249.6K | $270K | +8.2% |
| 44 Bedrooms | $298K | $328.1K | +10.1% |
| 55+ Bedrooms | $255K | $290K | +13.7% |
Summary: Schenectady County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +24.0%. The home price for 2 bedroom homes increased by +5.9%. The home price for 3 bedroom homes increased by +8.2%. The home price for 4 bedroom homes increased by +10.1%. The home price for 5 bedroom homes increased by +13.7%.
Housing supply in Schenectady County, NY
How many homes are available in Schenectady County, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 434Last MonthJan 2025 | ||
| 5122 months agoDec 2024 | -15.2 % Change MoMDec – Jan |
Summary: The Schenectady County real estate market had 434 homes for sale in Jan 2025, a 15.2 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 118Last MonthJan 2025 | ||
| 1482 months agoDec 2024 | -20.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 6 | 3 | -50.0% |
| 22 Bedrooms | 62 | 58 | -6.5% |
| 33 Bedrooms | 210 | 167 | -20.5% |
| 44 Bedrooms | 146 | 131 | -10.3% |
| 55+ Bedrooms | 88 | 75 | -14.8% |
Summary: Schenectady County 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 -6.5%. The inventory for 3 bedroom homes decreased by -20.5%. The inventory for 4 bedroom homes decreased by -10.3%. The inventory for 5 bedroom homes decreased by -14.8%.
Asking Price vs. Sold Price
How much do homes in Schenectady County, NY cost?
Over Asking Price48 Homes
At Asking Price21 Homes
Under Asking Price49 Homes
Insight
If you're buying a home in Schenectady County, you may be able to get a good deal. 41.5% of homes here sold below asking price last month.
Summary: A total of 118 homes were sold or pending in Schenectady County in January 2025, down by 20.3% month-over-month. Of the 118 sold homes, 42% were sold under asking, 18% were sold at asking, and and 41% were sold over asking.
Days on Market for Schenectady County, NY
How long does it take to sell a home in Schenectady County, NY?
Breakdown of Home Sale Times
Under 30 Days87 Homes
30 – 90 Days22 Homes
Over 90 Days9 Homes
Insight
Many homes in Schenectady County are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 118 homes were sold in Schenectady County; 74% of homes were sold within 30 days, 19% 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 | +7.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Schenectady County had an average listing age of 29 days in Jan 2025, up by 7.4% compared to the previous year.
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Newest Listings in Schenectady County, NY
What homes are available in Schenectady County, NY?
New - 5 hours on Rocket3D tour
$4,150 Closing Credit¹
#202512310, Yogesh Lachman, Listing Office: Lachman Real Estate Group
New - 6 hours on Rocket
$2,719 Closing Credit¹
#202512302, Brian S Sinkoff, Listing Office: Sinkoff Realty Group
New - 6 hours on Rocket
$3,432 Closing Credit¹
#202512301, Saad Tai, Listing Office: Real Broker NY LLC
New - 6 hours on Rocket
$3,444 Closing Credit¹
#202512300, Christine M Serafini, Listing Office: Miranda Real Estate Group Inc
New - 7 hours on Rocket
$4,511 Closing Credit¹
#202512298, Christine M Serafini, Listing Office: Miranda Real Estate Group Inc
New - 8 hours on Rocket
$4,274 Closing Credit¹
#202512295, Christine M Serafini, Listing Office: Miranda Real Estate Group Inc
New - 8 hours on Rocket
$5,937 Closing Credit¹
#202512290, Adedapo Orederu, Listing Office: KW Platform
New - 8 hours on Rocket
$3,561 Closing Credit¹
#202512289, Christine M Serafini, Listing Office: Miranda Real Estate Group Inc
New - 10 hours on Rocket
$6,294 Closing Credit¹
#202512284, Katrina F Ruberti, Listing Office: Howard Hanna
New - 10 hours on Rocket
$3,088 Closing Credit¹
#202512282, Andrea Tallman, Listing Office: KW Platform
New - 21 hours on Rocket
$2,613 Closing Credit¹
#202512278, Derek Greene, Listing Office: The Greene Realty Group
Nearby markets
Nearby markets aren't available for Schenectady County, 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.
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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: 2/20/2025, 6:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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: 2/20/2025, 6:11:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.