Schenectady County, New York home prices
Typical home $312,933 · +5.2% in a year · property tax 2.36%
The typical home in Schenectady County is worth $312,933, 40% less than the New York typical home ($524,942). Values changed +5.2% in the past year and +33.8% over five years. Homeowners here pay a median 2.36% of their home's value in property tax each year ($7,392 on the typical home), versus 1.42% statewide.
Mortgage on the typical Schenectady County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $62,587 | $250,346 | $1,684 | $0 | $773 | $2,457 | $105,300 |
| 10% down | $31,293 | $281,639 | $1,895 | $117 | $773 | $2,784 | $119,300 |
| 5% down | $15,647 | $297,286 | $2,000 | $124 | $773 | $2,896 | $124,100 |
| 3.5% down (FHA) | $10,953 | $307,265 | $2,067 | $138 | $773 | $2,978 | $127,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.36% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in New York · part of the Albany metro area.
New York counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Ontario County | $323,653 | +5.8% | 2.05% |
| Sullivan County | $323,717 | +4.8% | 2% |
| Yates County | $325,604 | +5.1% | 1.88% |
| Rensselaer County | $327,950 | +5.8% | 2.05% |
| Erie County | $295,625 | +3.4% | 1.98% |
| Essex County | $292,915 | +6.8% | 1.47% |
| Onondaga County | $285,908 | +6.5% | 2.44% |
| Monroe County | $285,680 | +4.7% | 2.63% |
| Tompkins County | $350,432 | +3.5% | 2.24% |
| Hamilton County | $274,369 | +2.0% | 1% |
Frequently asked questions
What is the average home price in Schenectady County, NY?
The typical home value in Schenectady County is $312,933 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Schenectady County?
About $105,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Schenectady County?
The median effective rate is 2.36% of home value a year (Census ACS 2024 5-year estimates).