Market Intelligence · NY / Schenectady

Schenectady, NY 12308 Housing Market

Typical home value in Schenectady 12308 reached $267,347, up 4.2% over the past year. The median list price stands at $296,050, with homes spending a median of 38 days on market as of September 2026.

Updated September 2026Median value$267K

The median home value in Schenectady, NY 12308 is $267K as of September 2026, up 4.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

Sell without the wait

Sell your Schenectady home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 12308 range

$246K to $289K

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.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 12308 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Schenectady, NY.

12-month value trend

+4.2% over 12 months

Sep 2025$257K

Low $257KHigh $267K

Sep 2026$267K

The numbers

What is the 12308 housing market like?

As of September 2026

Typical home value

$267K

4.2%YoY

Median list price

$296K

1.3%MoM

Days on market

35.6%MoM

Homes for sale

46.2%MoM

Price cuts

25.4%

96.9%MoM

New listings

25.0%MoM

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

The outlook

12308 housing market forecast 2027

+3.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 12308 to rise 3.4% by September 2027.

Over the 12 months through September 2026, typical home values in 12308 rose 4.2%, per the Zillow Home Value Index.

Will home prices drop in 12308?

Zillow's forecast does not call for a drop: it expects typical home values in 12308 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.

Free home value report

See what your 12308 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 12308 home prices compare?

12308$267,347
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 zip code has 19 homes for sale, with 10 new listings added as of September 2026. Nearly a quarter of listings, specifically 25.4%, have seen price reductions. The gap between typical home value and median list price suggests sellers are testing the market with higher ask prices. Homes are moving at a moderate pace, spending roughly five and a half weeks on the market. For sellers, the price-cut activity indicates you should price carefully and be ready to adjust if your home does not generate quick interest.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $53,469

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 12308?

The typical home value is $267,347, up 4.2% over the past year as of September 2026.

How many homes are currently for sale in this zip code?

There are 19 homes for sale as of September 2026, with 10 new listings added during that period.

How long do homes typically stay on the market here?

Homes spend a median of 38 days on market in this zip code.

Discover

Nearby ZIP markets.

Keep reading