12205 Home Values & Market Trends

There are 38 homes currently listed for 12205. 12205 real estate market trends show that home prices range from $179,900 to $824,000, and the median sales price in the 12205 zip code is $300,764.44. The total number of properties sold within the past twelve months is 77. In 12205, 144 properties are in foreclosure, 2 are bank owned properties,and 4 are headed for auction.

12205 Real Estate Market Overview

CityMedian Est. Value
Albany

$ 249,450

$ 165/sqft

Housing Market Summary for 12205

Mar 2023February 2024Change
Median Listing Price$250K$315.2K26.10%
Median Sold Price$277.9K$315.2K13.43%
Homes For Sale334021.21%
Homes Sold7648-36.84%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in 12205

The median list price of a home in Albany, is $300,764.44. A total of 38 properties are for sale, and the percentage of properties for sale in the zip code is 38.00%. The total count of 12205 properties is 9,386.

Foreclosure
There is 1 cities within 12205; within this cities, the median estimated home value for homes in foreclosure ranges from $967,954 in albany to the lowest value of $30,045 in albany. Foreclosure homes account for 1.00% of properties in 12205 with albany containing 493 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.47% of all residential properties in 12205 with albany containing 472 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 12205; of that cities, the estimated home value for pre-foreclosure homes ranges from $967,954 in albany to the lowest home value of $30,045 in albany.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 12205 ranges from the highest value of $276,239 in albany to the lowest value of $39,900 in albany. Bank owned homes and properties account for 0.02% of properties in 12205. There is 1 cities within 12205; albany containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    albany has 11 auction properties, the highest number of properties going to auction in a single city in the state of 12205. Auction homes and other auction properties account for 0.04% of all properties in 12205. There is 1 cities within 12205; of that cities, the median estimated home value for homes going to auction ranges from $430,360 in albany to the lowest value of $52,185 in albany.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.40% of residential properties in 12205 with albany containing 130 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 12205; homes for sale in that cities, have a range of median values from $885,000 in albany to the lowest value of $37,420 in albany.
    Sold Homes
    The median value for recently sold homes ranges from $2,217,845 in albany to the lowest price of $45,356 in albany. There is 1 cities within 12205. albany has 202 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.51% of properties in 12205.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      12205
      $
      $

      Guide for 12205

      Market Reports
      Rochester Real Estate: A Year of Growth and Potential
      Market Reports
      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      New York
      Buffalo Real Estate Market Soars in 2023
      Investment Guides
      Will Downtowns Go From Offices to Apartments?
      See More Articles
      Rochester Real Estate: A Year of Growth and Potential
      Market Reports|posted 13 March 2024

      Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.

      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      Market Reports|posted 27 February 2024

      New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.

      Buffalo Real Estate Market Soars in 2023
      New York|posted 19 January 2024

      An increase is house prices but a slowdown of homes sold in September

      Will Downtowns Go From Offices to Apartments?
      Investment Guides|posted 15 February 2022

      With more people working from home, there's an of excess office spaces. Older buildings may be up for apartment conversions especially with proposed tax breaks