Market Intelligence · NY / Schenectady

Schenectady, NY 12302 Housing Market

The typical home value in Schenectady's 12302 ZIP is $334,325, up 5.4% over the past year. The median list price stands at $399,675, with homes spending a median of 46 days on market as of September 2026.

Updated September 2026Median value$334K

The median home value in Schenectady, NY 12302 is $334K as of September 2026, up 5.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 12302 range

$308K to $361K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.4% over 12 months

Sep 2025$317K

Low $317KHigh $334K

Sep 2026$334K

The numbers

What is the 12302 housing market like?

As of September 2026

Typical home value

$334K

5.4%YoY

Median list price

$400K

0.1%MoM

Days on market

21.1%MoM

Homes for sale

14.3%MoM

Price cuts

8.0%

32.6%MoM

New listings

16.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

12302 housing market forecast 2027

+3.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 12302 to rise 3.2% by September 2027.

Over the 12 months through September 2026, typical home values in 12302 rose 5.4%, per the Zillow Home Value Index.

Will home prices drop in 12302?

Zillow's forecast does not call for a drop: it expects typical home values in 12302 to rise 3.2% by September 2027, after a 5.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 12302 home prices compare?

12302$334,325
Schenectady$294,211
New York$329,626
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Schenectady: 8 ZIPs; New York: 1,561 ZIPs; United States: 26,262 ZIPs).

Context

The 12302 market has 56 homes for sale and added 42 new listings in September 2026. The median list price of $399,675 sits above the typical home value of $334,325, suggesting some premium-priced inventory in the area. With a median time on market of 46 days, properties are moving at a moderate pace. Only 8.0% of listings carried a price cut, indicating that sellers have generally held firm. For homeowners considering a sale, the modest price growth over the past year and steady absorption rate suggest a balanced market that rewards realistic pricing.

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Down payment20% · $66,865

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Common questions

What people ask us.

What is the typical home value in 12302?

The typical home value is $334,325, having risen 5.4% over the past year.

How long do homes stay on the market here?

Homes spend a median of 46 days on market in this ZIP.

How many homes are currently listed?

There are 56 homes for sale as of September 2026, with 42 new listings added that month.

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