Why Live in Rensselaer
Rensselaer, located across the Hudson River from Albany, offers a quieter living option for those commuting to nearby cities. The neighborhood features waterfront row homes and suburban subdivisions, with easy access to hiking and biking trails extending into Rensselaer County. Housing options range from bungalows and row homes near the waterfront to midcentury bungalows, ranches, and modern townhomes further out, with larger colonials and contemporary properties also available. The University at Albany's Health Sciences Campus is a notable local institution. Dining options include Illusive Restaurant and Bar, Hot Dog Charlie's, and Skyline Diner, while shopping needs are met by a nearby Walmart and Target. Outdoor activities are a major draw, with the Empire State bike trails and neighborhood parks offering recreational opportunities. Riverfront Park provides skyline views and a fishing dock. The Amtrak station in Rensselaer offers convenient travel to New York City, though it brings some noise to the waterfront area. Commuting to Albany is a quick 2-mile drive or bus ride, and Troy is 10 miles north. However, the presence of the Dunn Landfill at the neighborhood's center is a concern for some residents due to smells, noise, and pollution, with ongoing efforts to address these issues.
Home Trends in Rensselaer, NY
On average, homes in Rensselaer, NY sell after 15 days on the market compared to the national average of 51 days. The median sale price for homes in Rensselaer, NY over the last 12 months is $268,500, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$268,500
Median Single Family Sale Price
$265,000
Median Townhouse Sale Price
$320,000
Median 2 Bedroom Sale Price
$251,500
Average Price Per Sq Ft
$204
Number of Homes for Sale
24
Last 12 months Home Sales
200
Median List Price
$274,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%