Why Live in Hamilton Hill
Hamilton Hill in Schenectady, NY, is a neighborhood experiencing revitalization through strong community efforts and leadership. The Hamilton Hill Neighborhood Association, led by long-time resident Marva Isaacs, has been instrumental in improving the area, providing support to senior citizens, and organizing community events like summer block parties. The neighborhood features charming Victorian homes from the early 1900s, many of which are two-family residences with bay windows and two-story porches. While a significant portion of the population rents, there are opportunities for homebuyers and investors to purchase and renovate properties. The local schools, including Dr. Martin Luther King Jr. Elementary and Schenectady High School, offer various programs, though they have mixed ratings.
Hamilton Hill boasts several community features, such as Burrell Park with its basketball and tennis courts, a new splash pad, and holiday events. The Hamilton Hill Art Center, the only African/African American arts center in Schenectady, hosts cultural events and after-school programs. State Street is the neighborhood's hub for conveniences, including restaurants like San Francisco Restaurant and Newest Lunch, as well as the Phyllis Bornt Branch Library and Electric City Barn. For groceries, residents can visit local markets or Market 32, located about 2 miles away.
The neighborhood's proximity to downtown Schenectady, just a mile away, provides easy access to additional dining and entertainment options. Public transportation is readily available, with bus lines connecting to downtown Schenectady in 10 minutes and a BusPlus line offering direct service to Albany in about an hour. An Amtrak station is also nearby for longer trips.
Frequently Asked Questions
Is Hamilton Hill a good place to live?
Hamilton Hill is a good place to live. Hamilton Hill is considered fairly walkable and bikeable with some transit options. Hamilton Hill has 7 parks for recreational activities. It is very dense in population with 18.2 people per acre and a median age of 35. The average household income is $42,052 which is below the national average. College graduates make up 10.7% of residents. A majority of residents in Hamilton Hill are renters, with 79.1% of residents renting and 20.9% of residents owning their home. A
local real estate agent serving Hamilton Hill can help you decide if this neighborhood is the right one for you. Learn more on our
Hamilton Hill neighborhood guide.
How much do you need to make to afford a house in Hamilton Hill?
The median home price in Hamilton Hill is $409,998. If you put a 20% down payment of $82,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,130 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $91K a year to afford the median home price in Hamilton Hill. The average household income in Hamilton Hill is $42K.
What are the best public schools in Hamilton Hill?
The best public schools that serve Hamilton Hill are:
What are the best private schools in Hamilton Hill?
The best private schools that serve Hamilton Hill are:
What are the most popular zip codes in Hamilton Hill, Schenectady, NY?
What are the most popular neighborhoods near Hamilton Hill, Schenectady, NY?
Are home prices dropping in Hamilton Hill?
Yes, home prices in Hamilton Hill are down 53% in the last 12 months.
Home Trends in Hamilton Hill, NY
On average, homes in Hamilton Hill, Schenectady sell after 17 days on the market compared to the national average of 70 days. The median sale price for homes in Hamilton Hill, Schenectady over the last 12 months is $149,750, down 64% from the median home sale price over the previous 12 months.
Median Sale Price
$149,750
Median Single Family Sale Price
$389,950
Median Townhouse Sale Price
$227,000
Median 2 Bedroom Sale Price
$595,000
Average Price Per Sq Ft
$260
Number of Homes for Sale
6
Last 12 months Home Sales
10
Median List Price
$409,998
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-64%