Why Live in Downtown Schenectady
Downtown Schenectady is a historic town with a thriving downtown area and roots going back to 1661. The neighborhood offers a mix of single-family homes in the Stockade District, newer row homes and Italianate townhouses. Front Street Park is a popular for walking, bringing the kids to the playground and swimming at the pool. For entertainment, Proctors Theater hosts top-name shows, and the Rivers Casino & Resort is a fun night out. Union College, established in 1795, adds to the areas unique culture. For shopping, locals head to the Jay Street Marketplace, where over 25 independent businesses are located. When they want to scope out fresh produce, they visit the Schenectady Greenmarket, which runs from May through October. There are more robust grocery options along State Street, with small- to medium-sized grocers, like State Street Supermarket. Downtown Schenectady offers dozens of dining options, including Johnny’s, an Italian American eatery. Walmart and Hannaford can be found 3 miles south. Annual events include the Schenectady County Summernight and the St. George Greek Festival. The neighborhood is walkable and frequent bus lines and an Amtrak station support commuters. Troy is around 14 miles away, and Albany is within 18 miles via Interstate 890.
Frequently Asked Questions
Is Downtown Schenectady a good place to live?
Downtown Schenectady is a good place to live. Downtown Schenectady is considered very walkable and very bikeable with good transit options. Downtown Schenectady has 6 parks for recreational activities. It is very dense in population with 49.8 people per acre and a median age of 37. The average household income is $69,137 which is below the national average. College graduates make up 33.8% of residents. A majority of residents in Downtown Schenectady are renters, with 87.7% of residents renting and 12.3% of residents owning their home. A
local real estate agent serving Downtown Schenectady can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Schenectady neighborhood guide.
Is Downtown Schenectady, NY a safe neighborhood?
Downtown Schenectady, NY is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Downtown Schenectady?
The median home price in Downtown Schenectady is $312,000. If you put a 20% down payment of $62,400 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $1,550 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $66K a year to afford the median home price in Downtown Schenectady. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Downtown Schenectady is $69K.
What are the best public schools in Downtown Schenectady?
The best public schools that serve Downtown Schenectady are:
What are the best private schools in Downtown Schenectady?
The best private schools that serve Downtown Schenectady are:
What are the most popular zip codes in Downtown Schenectady, Schenectady, NY?
What are the most popular neighborhoods near Downtown Schenectady, Schenectady, NY?
Are home prices dropping in Downtown Schenectady?
Yes, home prices in Downtown Schenectady are down 9% in the last 12 months.
Home Trends in Downtown Schenectady, NY
On average, homes in Downtown Schenectady, Schenectady sell after 53 days on the market compared to the national average of 53 days. The median sale price for homes in Downtown Schenectady, Schenectady over the last 12 months is $295,950, down 10% from the median home sale price over the previous 12 months.
Median Sale Price
$295,950
Median Single Family Sale Price
$293,450
Median Townhouse Sale Price
$320,950
Median 1 Bedroom Sale Price
$312,000
Average Price Per Sq Ft
$182
Number of Homes for Sale
6
Last 12 months Home Sales
10
Median List Price
$312,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-10%