Schenectady, NY

Population: 65,936
Average annual home appreciation rate: -.17%
Total of homes for sale in this market: 850
Median home price: $113,306
Median Rent: $919
Home price range: 53.01% of homes are between $99,001 – $197,000
Median sales price: $127,500
Number of homes: 278
Median foreclosure sales price: $47,500
Foreclosure discount: 62.7%
Most common home type: 43.12% of homes are small apartment buildings
Number of vacant homes: 21.90%
Number of renters: 53.83%
Number of owner occupied: 46.17%
Number people living below poverty level: 23.88%
Unemployment rate: 5.40%
Is this area perfect for real estate deals going on right now? Low median prices and high foreclosure discounts could make this area a promising investment.

Leave a Reply

Your email address will not be published. Required fields are marked *