12306, Schenectady, NY

The 12306 zip code of Schenectady, NY has a median home value of $129,900 and a median home equity value of $101,600. This is significantly lower than the statewide median home value of $269,500 and statewide median home equity value of $142,200. The 12306 zip code also has a significantly lower homeownership rate than the statewide homeownership rate of 66%.

There are several factors that may contribute to the low home values in the 12306 zip code. One reason may be that this area is not as affluent as other parts of New York State. Another reason may be that there are fewer homes for sale in this zip code compared to other areas in Schenectady County. Additionally, many homes in this zip code are older and may not be in good condition. As a result, it may be difficult for buyers to find a suitable home and negotiate a good price.