New-build home prices in 12123
Recorded home sales in ZIP 12123 (Rensselaer County) run a median of $165 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $125 and $212/sq ft.
What new homes sell for in 12123
At the local median of $165/sq ft, a new home would price roughly:
| 1,500 sq ft | $247,500 |
| 2,000 sq ft | $330,000 |
| 2,500 sq ft | $412,500 |
| 3,000 sq ft | $495,000 |
A gross sale price. The land bid it supports comes after build cost, contingency, fees, finance and profit — the residual the Threshold tool solves.
By home type
| Home type | Sales | Median $/sq ft | Median size | Median price |
|---|---|---|---|---|
| Single-family | 174 | $170 | 1,392 sf | $229,500 |
| Multi-family | 16 | $109 | 2,253 sf | $231,500 |
Recent sales in 12123
| Type | Sq ft | Sale price | $/sq ft | Yr built | Sold |
|---|---|---|---|---|---|
| Single-family | 2,412 | $682,000 | $283 | 1985 | 2/2026 |
| Single-family | 2,479 | $535,000 | $216 | 1992 | 1/2026 |
| Single-family | 1,983 | $450,000 | $227 | 1992 | 5/2026 |
| Single-family | 1,211 | $308,000 | $254 | 1920 | 5/2026 |
| Single-family | 1,630 | $290,000 | $178 | 1910 | 5/2026 |
| Single-family | 1,164 | $281,500 | $242 | 1850 | 5/2026 |
| Single-family | 1,080 | $265,200 | $246 | 1940 | 4/2026 |
| Single-family | 1,335 | $265,000 | $199 | 1920 | 4/2026 |
| Single-family | 952 | $252,350 | $265 | 1950 | 5/2026 |
| Single-family | 702 | $210,000 | $299 | 1948 | 1/2026 |
| Single-family | 3,060 | $750,000 | $245 | 1985 | 5/2025 |
| Single-family | 2,216 | $585,000 | $264 | 1800 | 12/2025 |
| Single-family | 3,372 | $525,000 | $156 | 1802 | 10/2025 |
| Multi-family | 2,130 | $500,000 | $235 | 1900 | 9/2025 |
| Single-family | 2,016 | $495,000 | $246 | 2005 | 5/2025 |
Appraising a site in 12123?
Drop a pin and Threshold US Land turns these comparables into an achievable new-build price and the maximum land bid that still hits your margin — in under 60 seconds.
Reserve founding access →Questions about 12123 home prices
- What is the price per square foot in 12123?
- Recent recorded home sales in ZIP 12123 (Rensselaer County, NY) run a median of $165 per square foot, with the middle half between $125 and $212, from 190 qualified sales in 2021-2026.
- What does a home sell for in 12123?
- The typical recorded sale in 12123 is a 1,438 sq ft home at $230,000. A new 1,438 sq ft home at the local $165/sq ft would price around $237,270.
- Where does this 12123 data come from?
- New York State ORPTS recorded sales joined to the state parcel-centroid layer for living area, plus the New York City annualized sales dataset for the five boroughs. Qualified residential sales from 2021. Estimates for site screening, not an appraisal.
All of Rensselaer County →
Nearby ZIPs: 12063 · 12115 · 12132 · 12024 · 12033 · 12062 · 12061 · 12130
New York land hub
Method: arms-length residential sales with assessor living area (2021+) from New York State ORPTS recorded sales joined to the state parcel-centroid layer for living area, plus the New York City annualized sales dataset for the five boroughs, assigned to nearest ZIP centroid. $/sq ft is sale price over heated living area. Estimates for site screening, not a USPAP appraisal. Updated July 2026.