42602 Home Values & Market Trends

There are 18 homes currently listed for 42602. 42602 real estate market trends show that home prices range from $79,900 to $589,000, and the median sales price in the 42602 zip code is $75,334.59. The total number of properties sold within the past twelve months is 29. In 42602, 3 properties are in foreclosure, 3 are bank owned properties,and 0 are headed for auction.

42602 Real Estate Market Overview

CityMedian Est. Value
Albany

$ 87,440

$ 55/sqft

Housing Market Summary for 42602

Apr 2023March 2024Change
Median Listing Price$167.3K$86,000-48.58%
Median Sold Price$121K$86,000-28.93%
Homes For Sale121850.00%
Homes Sold1514-6.67%
Price
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Homes For Sale
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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 42602

The median list price of a home in Albany, is $75,334.59. A total of 18 properties are for sale, and the percentage of properties for sale in the zip code is 18.00%. The total count of 42602 properties is 3,718.

Foreclosure
There is 1 cities within 42602; within this cities, the median estimated home value for homes in foreclosure ranges from $73,090 in albany to the lowest value of $39,819 in albany. Foreclosure homes account for 0.00% of properties in 42602 with albany containing 3 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 42602 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 42602; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 42602 ranges from the highest value of $73,090 in albany to the lowest value of $39,819 in albany. Bank owned homes and properties account for 0.08% of properties in 42602. There is 1 cities within 42602; albany containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 42602. Auction homes and other auction properties account for 0% of all properties in 42602. There is 1 cities within 42602; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.48% of residential properties in 42602 with albany containing 18 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 42602; homes for sale in that cities, have a range of median values from $568,095 in albany to the lowest value of $24,101 in albany.
    Sold Homes
    The median value for recently sold homes ranges from $409,131 in albany to the lowest price of $26,208 in albany. There is 1 cities within 42602. albany has 13 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.35% of properties in 42602.

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      Guide for 42602

      Market Reports
      Real Estate Market Report Albany, New York – April 2024
      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Real Estate Market Report Albany, New York – April 2024
      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.

      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.