12308 — Schenectady County, New York Market Snapshot
Housing market data for zip code 12308 in Schenectady County, New York. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$264,950
Days to Sell
50
Homes Sold
10
Inventory
11
Sale-to-List
97.0%
New Listings
16
Price/SqFt
$115
Pending Sales
15
Conforming Loan Available
Most homebuyers in 12308 can comfortably use conventional financing. The median home price of $264,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
12308's market is balanced with homes taking an average of 50 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 12308 sells for 3.0% below asking price (97.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 12308 can comfortably use conventional financing. The median home price of $264,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 12308 are set at the county level.
2026 Loan Limits — Schenectady County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 12308
To purchase the median home at $264,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,180.
Monthly Payment
$2,180
Income Required
$93,427
Principal & Interest
$1,633/mo
Down Payment (5%)
$13,248
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 12308.
Estimated Monthly Payment
$1,790
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