The story of this market
The typical home in Schenectady County, New York sells for about $266,500, or $209 per square foot.
Prices are up +3.9% from a year ago, so sellers still have some momentum. Homes take about 46 days to sell. Over the long run, values in this county have grown 156% since 2000. Last year 24 of 33 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,711 a month.
HUD sets the fair market rent for a 2-bedroom at $1,711 a month. FEMA's National Risk Index rates overall hazard risk here as Very Low.
Price climate
Every year of price change, 2000–2025
+3.5%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2005 (+14.1%). Worst: 2008 (-1.9%). Hover to read a year.
Monthly price momentum
Home values since 2015
+5.5%
NY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$2,039
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+3.5%
2025 change
FHFA repeat-sales index, median of 33 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
14
Very Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $32,361,641.
Mortgage activity
Home lending in this county
76.2%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 6331 | 3391 | 76.2% | 2.4% | $165,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Schenectady County, New York
Schenectady County maintains a stable seller's market supported by steady year-over-year price appreciation of 3.9% and sustained buyer competition across suburban and revitalized urban sectors. Tight inventory levels and a median of 46 days on market reflect steady local employment in healthcare, power tech, and government, balanced by high property tax burdens that moderate runaway pricing.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 8 cities · 14 ZIP reports
Median prices moved up 40.2% year over year.
Homes spend a median of 37 days on market with 0.1 months of supply — a fast-moving market.
1% of listings have cut prices · homes sell at 5.25% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 11.4% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
Deterministic aggregate of 14 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Schenectady County, New York — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 20
researched Sep 16
researched Sep 16
researched Sep 17
researched Sep 18
researched Sep 19
researched Sep 16
researched Sep 17
researched Sep 18
researched Sep 19
| 12010 | Amsterdam | $283,200 | $126 | 0% | 64 | — | — | — | 84 | $1,000 | researched Sep 20 |
| 12053 | — | $358,000 | $249 | +89.8% | 49 | — | — | — | 50 | $788 | researched Sep 16 |
| 12056 | — | $365,000 | $245 | +5.1% | 46 | — | — | — | 22 | $1,332 | researched Sep 16 |
| 12137 | Pattersonville | $325,000 | $185 | +4.2% | 42 | 100% | 15% | 4 | 12 | $3,501 | researched Sep 17 |
| 12148 | Rexford | $355,000 | $236 | +4.3% | 24 | — | — | — | 1,063 | $1,028 | researched Sep 18 |
| 12150 | Rotterdam Junction | $313,000 | $185 | +14.3% | 32 | 101% | 15% | 3.5 | 459 | $1,600 | researched Sep 19 |
| 12302 | Town of Glenville | $290,000 | $225 | +4% | 37 | 100% | — | — | 51 | $1,247 | researched Sep 16 |
| 12303 | City of Schenectady | $299,000 | $214 | +2.4% | 42 | 98.5% | 18% | 2.8 | 89 | $1,140 | researched Sep 17 |
| 12304 | City of Schenectady | $245,000 | $185 | +4.2% | 22 | 98.5% | 15% | 2.8 | 48 | $1,100 | researched Sep 18 |
| 12305 | City of Schenectady | $255,000 | $182 | +6.2% | 10 | — | — | — | 556 | $1,142 | researched Sep 19 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Countywide violent and property crime rates trend higher in urban core neighborhoods of the City of Schenectady compared to upstate benchmarks, but drop sharply in suburban towns such as Niskayuna and Glenville. Overall county violent crime remains comparable to similar Capital Region urban-suburban blends.
Public school quality exhibits wide variance across jurisdictions; suburban districts like Niskayuna Central School District consistently post top-tier state academic ratings, while Schenectady City School District contends with lower graduation rates and higher economic disadvantage.
Primary hazard exposure stems from riverine flash flooding along the Mohawk River corridor (as seen in historic storms like Irene and Lee), while wildfire and extreme wind risks remain minimal. Most upland residential parcels carry modest flood risk and standard homeowners insurance requirements.
Development momentum is anchored by GE Vernova's renewable energy presence, expanding healthcare networks like Ellis Medicine, and mixed-use revitalization near downtown Schenectady and the Mohawk Harbor complex. Suburban infrastructure expansions along Route 7 and Route 50 continue to attract infill residential development.
Schenectady County properties are assessed by local municipal assessing units under New York Real Property Tax Law, with effective rates frequently exceeding 2.5% to 3.0% when combining county, town/city, and school district levies. Residential owner-occupants rely heavily on NY Basic and Enhanced STAR exemptions to mitigate property tax burdens.
Schenectady County's economic base combines legacy advanced engineering and power generation with state government operations, regional healthcare, and higher education. Major employers including GE Vernova, Ellis Medicine, and Golub Corporation anchor the local workforce.
Major arterial connectivity is provided by Interstate 890, linking directly to the New York State Thruway (I-90), alongside NY Route 7 and Route 50. CDTA provides comprehensive local bus transit, complemented by regional Amtrak rail service via the downtown Schenectady station.
County and municipal planning prioritize brownfield redevelopment along the riverfront, commercial corridor modernization on State Street, and preservation of open green space in rural western townships.
Unlike single-CAD states, New York delegates property assessments to municipal assessors in each town and the City of Schenectady, with state equalization rates applied annually by NYS Tax and Finance to distribute county and school district tax burdens equitably.
Parcels are subject to overlapping jurisdictions including local independent school districts, town fire protection and water/sewer districts, and the county-sponsored Schenectady County Community College district.
Property insurance is generally stable and in line with Northeast regional averages, though parcels situated within the Mohawk River flood basin face elevated NFIP or private flood insurance premiums.
- Urban Air Trampoline and Adventure Park4.312.7 mi
- Liberty Ridge Farm4.318.1 mi
- Dave & Buster's Albany4.112.9 mi
- Spare Time Clifton Park4.311.1 mi
- Sky Zone Clifton Park4.110.3 mi
- Crossgates Mall4.312.9 mi
- Saratoga Performing Arts Center (SPAC)4.516.8 mi
- MVP Arena4.318.1 mi
- Saratoga Race Course4.718.9 mi
- Indian Ladder Farms4.513.4 mi
- John Boyd Thacher State Park4.813.9 mi
- New York State Capitol4.617.8 mi
- New York State Museum4.717.9 mi
- VIA Aquarium4.32.8 mi
- Proctors4.73.3 mi
- New York State Capitol4.617.8 mi
- New York State Museum4.717.9 mi
- Saratoga National Historical Park4.820.3 mi
- Saratoga Automobile Museum4.616.9 mi
- miSci | Museum of Innovation & Science4.43.6 mi
- John Boyd Thacher State Park4.813.9 mi
- Saratoga Spa State Park4.817 mi
- The Crossings Park of Colonie4.713.4 mi
- Peebles Island State Park4.715.8 mi
- Central Park4.65 mi
- Lee's Park4.319.4 mi
- Town of Stillwater Brown's Beach4.315.4 mi
- Mohawk Harbor4.63.1 mi
- Albany Yacht Club4.518.8 mi
- Point Breeze Marine3.719.3 mi
- Saratoga National Golf Club4.518.9 mi
- Eagle Crest Golf Club4.47.2 mi
- Capital Hills at Albany4.516 mi
- Saratoga Lake Golf Club4.115.6 mi
- Saratoga Spa Golf Course4.417 mi
- Crossgates Mall4.312.9 mi
- Colonie Center4.312.8 mi
- Stuyvesant Plaza4.413.6 mi
- Indian Ladder Farms4.513.4 mi
- Kohl's410.7 mi
- Albany International Airport4.111.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A major waterfront destination along the Mohawk River featuring dining, hotels, residential living, amphitheater events, and gaming entertainment.
A premier county recreational space offering extensive rose gardens, sports facilities, walking trails, and concert venues.
An anchor cultural institution in downtown Schenectady hosting touring Broadway productions, symphony concerts, and regional arts.
A continuous paved regional corridor connecting residents across the county along the historic Erie Canal and Mohawk River.
Retrieved via Census Bureau QuickFacts and ACS 5-year data profiles for Schenectady County, NY (FIPS 36093).
applies when — Applies to residential rental property where at least 20% of units are subject to an agreement restricting occupancy to income-qualified tenants.
The assessed valuation must be determined using the income approach based on actual net operating income, excluding subsidies, tax credits, or grants used for development costs.
N.Y. Real Property Tax Law Section 581-A
New York is a judicial foreclosure state, meaning the lender must file a lawsuit in court to foreclose on a property. The process typically takes approximately one year from the start of the case to the sale of the home.
New York Real Property Actions and Proceedings Law
applies when — Applies to the sale of residential real property (up to four units).
Sellers are required to provide a Property Condition Disclosure Statement to the buyer. Failure to provide the statement may result in a credit of $500 to the buyer at closing. Knowingly false or incomplete statements may subject the seller to legal claims.
New York Real Property Law Article 14, Section 462
Real property is assessed by local jurisdictions based on a uniform percentage of value. The tax liability is calculated as (Assessed Value * Tax Rate) - Exemptions. Owners of one, two, or three-family owner-occupied residential property have the right to Small Claims Assessment Review (SCAR) to challenge assessments.
New York Real Property Tax Law Article 3 and 7
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.