12205 Zip Code First-Time Homebuyer Report for October

With 26,979 residents, 12205 is a larger than average zip code in New York. Also, with a 5.5% decrease over the last 10 years, its population is growing slower than other parts of the state. The 12205 zip code is made up of homes that are considered older than most with a median of 47 years. The best school in the zip code is Menands School.

Price Range

The median value of homes in the 12205 zip code is $164,800, making the area almost identical to others in New York. At the same time, the average list price of available homes is presently $208,004. In this week's report, the number of homes sold in the 12205 zip code market dropped to 21 over the past 30 days. It marked a decrease of 12.5% from last week's report and a fall below the monthly average.

Make sure you take a look at these eye-catching homes in the 12205 zip code that generated the most views from potential buyers:

$184K   $139K   $229K  

Typical Dwelling

A three-bedroom detached home valued around $190,347 is considered a typical dwelling in the 12205 zip code. If a buyer was looking for a similar home, they would need good credit and a $38,069 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,225 and the property tax rate is $20.98 per $1,000 of taxable assessed value.

Get started right now by checking out 12205 homes for sale or reviewing 12205 real estate trends.


Data reported through 10/13/2016

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