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Rensselaer Home Values and Market Report

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Report prepared by Capitalregionteam.com The Capital Region Team at Compass
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Market at a glance

Over the last 12 months, homes sold for 100.5% of list price in 35 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $248K Sold · $253K
$340K$290K$240K$190K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 15 sales in Oct. Last month: 3.

Where the market stands

All homes in this report, by status.

132homes
Active27 · 20%
Under contract14 · 11%
Sold (12 mo)91 · 69%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$291K
Under contract$205K
Sold$234K

Average days on market

Active39 days
Under contract50 days
Sold35 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 27
Average list price $290,607
Avg. days on market 39 days
Avg. price per ft² $202 Based on 23 of 27 homes
Avg. living area 1,931 ft² Based on 23 of 27 homes
Avg. beds / baths 3.7 / 2.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

4 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 23 homes plotted, up to $900K and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

5 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

7-11 Forbes Avenue$1,394
1547 5th Street$213
1540 4th Street$208
1827 8th Street$191
512 East Street$187
111 Michigan Avenue$177
1015 Washington Avenue$173

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
7-11 Forbes AvenueRensselaer, NY 12144 77638$890,000$1,39426 days
7-11 Forbes AvenueRensselaer, NY 12144 —78,300$890,000$10726 days
1600-1620 4th StreetRensselaer, NY 12144 ———$850,000—47 days
45 2nd AvenueRensselaer, NY 12144 622,004$339,000$16911 days
1453 1st StreetRensselaer, NY 12144 632,175$315,000$144109 days
1827 8th StreetRensselaer, NY 12144 331,569$300,000$1916 days
1547 5th StreetRensselaer, NY 12144 311,400$299,000$2133 days
1572 3rd StreetRensselaer, NY 12144 422,084$299,000$14320 days
828 2nd StreetRensselaer, NY 12144 432,034$289,900$14224 days
111 Michigan AvenueRensselaer, NY 12144 321,610$286,000$17714 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated