The housing market in 12308 Schenectady, NY is doing well. The median value of houses in this area is $190,800, which is significantly lower than the national median value of $338,100. Despite this, the one-year house appreciation rate for 12308 Schenectady is 11.31%, compared to the US average of 8.27%. This suggests that home values are increasing at a faster rate in Schenectady than the rest of the country. With affordable prices and high appreciation rates, it appears that 12308 Schenectady is an attractive place to consider buying a house.
The median home cost in Schenectady (zip 12308) is $190,800. Home appreciation the last 10 years has been 47.5%. Home Appreciation in Schenectady (zip 12308) is up 11.2%.
Average Age of Homes
- The median age of Schenectady (zip 12308) real estate is 78 years old
The Rental Market in Schenectady (zip 12308)
- Renters make up 43.7% of the Schenectady (zip 12308) population
- 1.3% of houses and apartments in Schenectady (zip 12308), 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.