The story of this market
The typical home in ZIP 12150 sells for about $313,000, or $185 per square foot.
Prices are up +14.3% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,600 a month.
ZIP 12150 — Rotterdam Junction
The housing market in 12150 remains competitive with steady price appreciation and low inventory levels. Demand is driven by its strategic location near the state capital and relative affordability compared to larger urban centers.
This area is well-suited for commuters working in Albany, young professionals, and families seeking a balance between urban access and suburban affordability.
Median prices moved up 14.3% year over year.
Homes spend a median of 32 days on market with 3.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 101% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.4% · poverty 0.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 12150, Rensselaer County NY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the area are generally consistent with regional averages for the Capital District, with property crime being the primary concern. Local law enforcement maintains standard community policing efforts.
Schools serving the area are part of the Rensselaer City School District and surrounding regional districts, generally maintaining moderate performance ratings.
The area faces standard regional risks including winter storm impacts and potential localized flooding near the Hudson River waterfront.
Economic momentum is driven by proximity to the Albany state government hub and ongoing revitalization efforts along the Rensselaer waterfront.
Property taxes are levied by a combination of municipal, county, and school district authorities, with rates reflecting New York State's high-tax environment.
Residents benefit from direct access to the Albany-Rensselaer Amtrak station and proximity to I-90 and I-787 for commuting into downtown Albany.
The area features access to the Hudson River waterfront, local parks, and proximity to major shopping centers in the surrounding Capital District.
The rental market is characterized by steady demand from commuters and students, with limited vacancy pressure and rising rents.
The economy is anchored by state government, healthcare, and education sectors within the broader Albany-Schenectady-Troy metro area.
The area is served by major highway corridors and the Albany-Rensselaer Amtrak station, facilitating regional transit.
Ongoing development focuses on mixed-use residential and commercial projects near the waterfront.
Parcels are subject to municipal, county, and school district taxes, with no major MUD/PID districts reported.
Property insurance premiums are influenced by regional weather risks and proximity to the river.
Data retrieved from census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides walking trails and river access.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.