Threshold US · New York land

New-build home prices in 12198

Rensselaer County, NY · 853 recorded sales 2021-2026 · NYS ORPTS + NYC

Recorded home sales in ZIP 12198 (Rensselaer County) run a median of $192 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $148 and $235/sq ft.

$192
median $/sq ft (2021-2026)
$265,000
median sale price
1,446
median home size (sq ft)
853
qualified sales analyzed

What new homes sell for in 12198

At the local median of $192/sq ft, a new home would price roughly:

1,500 sq ft$288,000
2,000 sq ft$384,000
2,500 sq ft$480,000
3,000 sq ft$576,000

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 typeSalesMedian $/sq ftMedian sizeMedian price
Single-family777$2001,390 sf$265,000
Multi-family76$1042,210 sf$251,000

Recent sales in 12198

TypeSq ftSale price$/sq ftYr builtSold
Single-family3,285$849,000$25819934/2026
Single-family3,350$807,500$24119926/2026
Single-family3,282$756,000$23020046/2026
Single-family1,860$565,000$30420085/2026
Single-family1,600$560,000$35020125/2026
Single-family2,063$499,900$24220063/2026
Single-family2,472$450,000$18219351/2026
Single-family1,567$438,500$28019514/2026
Single-family1,176$430,000$36619615/2026
Single-family1,726$420,000$24319704/2026
Single-family1,614$411,000$25519744/2026
Single-family1,295$392,000$30319551/2026
Single-family1,215$386,000$31820036/2026
Single-family1,668$370,000$22218903/2026
Multi-family2,528$368,000$14619505/2026

Appraising a site in 12198?

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Questions about 12198 home prices

What is the price per square foot in 12198?
Recent recorded home sales in ZIP 12198 (Rensselaer County, NY) run a median of $192 per square foot, with the middle half between $148 and $235, from 853 qualified sales in 2021-2026.
What does a home sell for in 12198?
The typical recorded sale in 12198 is a 1,446 sq ft home at $265,000. A new 1,446 sq ft home at the local $192/sq ft would price around $277,632.
Where does this 12198 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: 12196 · 12140 · 12061 · 12204 · 12144 · 12180 · 12207 · 12183
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.