Market Intelligence · NY / Schenectady

Schenectady, NY 12309 Housing Market

Typical home value in Schenectady, NY 12309 is $416,191, up 5.7% over the past year. The median list price stands at $420,625, with homes taking a median of 48 days to sell as of September 2026.

Updated September 2026Median value$416K

The median home value in Schenectady, NY 12309 is $416K as of September 2026, up 5.7% 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 12309 range

$383K to $449K

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 12309 market stats. Unsubscribe anytime.

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

12-month value trend

+5.7% over 12 months

Sep 2025$394K

Low $394KHigh $416K

Sep 2026$416K

The numbers

What is the 12309 housing market like?

As of September 2026

Typical home value

$416K

5.7%YoY

Median list price

$421K

5.5%MoM

Days on market

33.3%MoM

Homes for sale

6.1%MoM

Price cuts

12.2%

29.1%MoM

New listings

0.0%MoM

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

The outlook

12309 housing market forecast 2027

+3.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 12309 to rise 3.2% by September 2027.

Over the 12 months through September 2026, typical home values in 12309 rose 5.7%, per the Zillow Home Value Index.

Will home prices drop in 12309?

Zillow's forecast does not call for a drop: it expects typical home values in 12309 to rise 3.2% by September 2027, after a 5.7% 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 12309 home is worth.

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

The comparison

How do 12309 home prices compare?

12309$416,191
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 area shows steady demand, with 44 new listings added in September 2026 alongside 52 homes currently for sale. The median time on market of 48 days suggests moderate buyer interest. However, 12.2% of listings have already seen price cuts, signaling some softness in negotiations despite the year-over-year appreciation. For sellers, this means the market rewards well-priced homes but may challenge overpriced ones.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $83,238

Term

Rate (%)

Common questions

What people ask us.

What is a typical home worth in 12309?

Typical home value is $416,191, up 5.7% over the past year as of September 2026.

How long do homes stay on market here?

The median days on market is 48 as of September 2026.

What share of homes are being repriced?

12.2% of listings have seen a price cut as of September 2026.

Discover

Nearby ZIP markets.

Keep reading