12208 Home Values & Market Trends

There are 20 homes currently listed for 12208. 12208 real estate market trends show that home prices range from $169,900 to $474,000, and the median sales price in the 12208 zip code is $276,761.51. The total number of properties sold within the past twelve months is 70. In 12208, 68 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.

12208 Real Estate Market Overview

CityMedian Est. Value
Albany

$ 258,775

$ 153/sqft

Housing Market Summary for 12208

Apr 2023March 2024Change
Median Listing Price$269.5K$269K-0.19%
Median Sold Price$250.9K$269K7.21%
Homes For Sale2817-39.29%
Homes Sold4928-42.86%
Price
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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%.

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Browse Homes in 12208

The median list price of a home in Albany, is $276,761.51. A total of 20 properties are for sale, and the percentage of properties for sale in the zip code is 20.00%. The total count of 12208 properties is 5,565.

Foreclosure
There is 1 cities within 12208; within this cities, the median estimated home value for homes in foreclosure ranges from $967,885 in albany to the lowest value of $24,230 in albany. Foreclosure homes account for 1.00% of properties in 12208 with albany containing 475 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.17% of all residential properties in 12208 with albany containing 456 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 12208; of that cities, the estimated home value for pre-foreclosure homes ranges from $967,885 in albany to the lowest home value of $24,230 in albany.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 12208 ranges from the highest value of $275,181 in albany to the lowest value of $30,051 in albany. Bank owned homes and properties account for 0.02% of properties in 12208. There is 1 cities within 12208; albany containing 7 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    albany has 12 auction properties, the highest number of properties going to auction in a single city in the state of 12208. Auction homes and other auction properties account for 0.04% of all properties in 12208. There is 1 cities within 12208; of that cities, the median estimated home value for homes going to auction ranges from $430,360 in albany to the lowest value of $54,923 in albany.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.36% of residential properties in 12208 with albany containing 132 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 12208; homes for sale in that cities, have a range of median values from $1,445,122 in albany to the lowest value of $38,754 in albany.
    Sold Homes
    The median value for recently sold homes ranges from $919,506 in albany to the lowest price of $45,369 in albany. There is 1 cities within 12208. albany has 166 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.40% of properties in 12208.

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      Guide for 12208

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      Market Reports|posted 3 April 2024

      The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.

      Surging Property Values, Sales in Syracuse Real Estate Market Signal Potent Seller’s Era For Early 2024
      Market Reports|posted 4 April 2024

      The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.

      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.