The housing market in 12303 Schenectady, NY is on the rise. The median value of homes in this area is $245,500, which is significantly less than the national median of $338,100. However, the one-year appreciation rate of 11.31% is higher than the national rate of 8.27%. This indicates that homes in 12303 Schenectady are increasing in value at a faster rate than those across the country as a whole, making it an attractive place to invest in real estate.
The median home cost in Schenectady (zip 12303) is $245,500. Home appreciation the last 10 years has been 47.5%. Home Appreciation in Schenectady (zip 12303) is up 11.2%.
Average Age of Homes
- The median age of Schenectady (zip 12303) real estate is 62 years old
The Rental Market in Schenectady (zip 12303)
- Renters make up 22.7% of the Schenectady (zip 12303) population
- 1.2% of houses and apartments in Schenectady (zip 12303), 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.