The housing market in 12304 Schenectady, NY is booming. According to the information provided, the median value of a house in this area is $183,900 - much lower than the US median of $338,100. While the US house appreciation rate for the past year was 8.27%, 12304 Schenectady experienced an even higher appreciation rate of 11.31%. This indicates that housing values are continuing to rise in 12304 Schenectady and it may be a wise choice for potential buyers to invest now before prices increase any further.
The median home cost in Schenectady (zip 12304) is $183,900. Home appreciation the last 10 years has been 47.5%. Home Appreciation in Schenectady (zip 12304) is up 11.2%.
Average Age of Homes
- The median age of Schenectady (zip 12304) real estate is 67 years old
The Rental Market in Schenectady (zip 12304)
- Renters make up 33.9% of the Schenectady (zip 12304) population
- 1.3% of houses and apartments in Schenectady (zip 12304), 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.