Housing in 12305 Schenectady, NY is very attractive to potential homebuyers. The median value of housing in the area is $212,600, which is much lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in 12305 Schenectady, NY is 11.31%, which is higher than the US 1 year House Appreciation rate of 8.27%. This makes it a great time for potential home buyers to purchase property in 12305 Schenectady, NY as they are likely to receive a more valuable return on their investment over time.
The median home cost in Schenectady (zip 12305) is $212,600. Home appreciation the last 10 years has been 47.5%. Home Appreciation in Schenectady (zip 12305) is up 11.2%.
Average Age of Homes
- The median age of Schenectady (zip 12305) real estate is 78 years old
The Rental Market in Schenectady (zip 12305)
- Renters make up 62.4% of the Schenectady (zip 12305) population
- 0.9% of houses and apartments in Schenectady (zip 12305), 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.