Niskayuna, New York Housing Market Prices
Niskayuna Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 64% below the New York median$169,645
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Median rent 5% below the New York median$1,535
Housing Market Overview
| Metric | Niskayuna | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $169,645 | $471,885 | $248,835 |
| Price Trend (Annual %) | -3.2% | 7.1% | 7.5% |
| Median Gross Rent | $1,535 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 4.6% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Niskayuna is about 64% lower than in New York. Rent is about 5% lower than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Niskayuna: home prices fell about 3.2% a year while rent rose about 4.6% a year. That is an unusual pattern worth watching.
Median rent in Niskayuna rose about 45.9% between 2015 and 2024, from $1,052 to $1,535. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 1.3 yearly household incomes in Niskayuna.
Buying the median-priced home in Niskayuna costs roughly 9.2 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Niskayuna. The price-to-rent ratio in New York is about 24.3.
| Metric | Niskayuna | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $169,645 | $471,885 | $248,835 |
| Median Household Income | $135,541 | $86,556 | $80,455 |
| Price-to-Income Ratio | 1.3 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Niskayuna fell about 34.4%, while median household income rose about 46.6% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Niskayuna | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 73.6% | 48.8% | 58.5% |
| Rental Rate | 19.8% | 41.1% | 31.2% |
| Vacancy Rate | 6.6% | 10.1% | 10.2% |
| Median Tenure (years) | 15.0 | 17.0 | 15.0 |
| Median Year Moved In | 2011 | 2009 | 2011 |
Niskayuna has a homeownership rate of 73.6%, higher than the New York average of 48.8%. Its housing vacancy rate is 6.6%, compared with 10.1% in New York.
Housing Stock
| Metric | Niskayuna | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1972 | 1960 | 1978 |
| Median Number of Rooms | 7.1 | 5.0 | 5.5 |
The typical housing unit in Niskayuna was built around 1972. On average, 2.5 people live in a home with about 7.1 rooms, staying for about 15.0 years on average.
Niskayuna, NY Housing Compared With Nearby Cities
How Niskayuna, NY compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Niskayuna, NY | 20,872 | $169,645 #3/3 | $1,535 #1/3 | 78.8% #2/3 |
| Schenectady, NY | 68,515 | $256,319 | $1,144 | 45.9% |
| Rotterdam, NY | 21,779 | $249,703 | $1,258 | 78.9% |
Frequently Asked Questions
Common questions about the housing market in Niskayuna, New York.
What is the median home price in Niskayuna, New York?
The median home price in Niskayuna, New York is $169,645, lower than the New York average of $471,885.
What is the average home price in Niskayuna, New York?
The typical home price in Niskayuna, New York, reported as the median sale price, is $169,645. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Niskayuna, New York?
The median gross rent in Niskayuna, New York is $1,535 per month, lower than the New York average of $1,621.
What was the median gross rent in Niskayuna in 2020?
In 2020, the median gross rent in Niskayuna, New York was $1,238 per month.
What is the price-to-rent ratio in Niskayuna, New York?
The price-to-rent ratio in Niskayuna, New York is about 9.2, meaning it would take roughly 9.2 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Niskayuna.
Are home prices or rent rising faster in Niskayuna, New York?
Home prices and rent are moving in opposite directions in Niskayuna: home prices fell about 3.2% a year while rent rose about 4.6% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Niskayuna, New York?
73.6% of households in Niskayuna, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Niskayuna, New York?
The housing vacancy rate in Niskayuna, New York is 6.6%, lower than the New York average of 10.1%.
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