Market Intelligence · NY / Schenectady

Schenectady, NY 12304 Housing Market

Homes in Schenectady 12304 are valued at $262,047 on average, up 4.2% over the past year. The median listing price stands at $279,675, with homes typically spending 31 days on the market as of September 2026.

Updated September 2026Median value$262K

The median home value in Schenectady, NY 12304 is $262K as of September 2026, up 4.2% 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 12304 range

$241K to $283K

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

+4.2% over 12 months

Sep 2025$251K

Low $251KHigh $262K

Sep 2026$262K

The numbers

What is the 12304 housing market like?

As of September 2026

Typical home value

$262K

4.2%YoY

Median list price

$280K

8.2%MoM

Days on market

3.1%MoM

Homes for sale

50.0%MoM

Price cuts

16.7%

13.9%MoM

New listings

8.3%MoM

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

The outlook

12304 housing market forecast 2027

+3.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 12304 to rise 3.4% by September 2027.

Over the 12 months through September 2026, typical home values in 12304 rose 4.2%, per the Zillow Home Value Index.

Will home prices drop in 12304?

Zillow's forecast does not call for a drop: it expects typical home values in 12304 to rise 3.4% by September 2027, after a 4.2% 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 12304 home prices compare?

12304$262,047
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

As of September 2026, there are 33 homes for sale in the ZIP, with 26 new listings added recently. The median list price is $279,675, and homes are moving at a moderate pace with 31 median days on market. About 16.7% of listings have seen a price cut, suggesting some sellers are adjusting expectations. The typical home value of $262,047 reflects a modest 4.2% gain over the past year. For sellers, this market favors realistic pricing from the start.

Monthly payment

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Home price

Down payment20% · $52,409

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Common questions

What people ask us.

What is the typical home value in 12304?

The typical home value is $262,047 as of September 2026, up 4.2% over the past year.

How many homes are currently for sale in this ZIP?

There are 33 homes for sale as of September 2026, with 26 new listings.

How long do homes typically stay on the market?

The median days on market is 31 as of September 2026.

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