Albany, NY Home Values & Market Trends
Real estate market trends reflect that there have been 1,328 transactions over the past year in Albany. The median value for residential home transactions that occurred over the previous year is $322,203. The number of current listings in Albany is 1,889, and the percentage of properties for sale in the city is 1889.00%. Albany, NY currently has 422 properties in foreclosure, 8 bank owned properties, 13 properties headed for auction, and 1,889 properties for sale.
Albany, NY Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 12205 | $ 332,888 $ 246/sqft | 12202 | $ 179,335 $ 135/sqft |
| 12203 | $ 334,190 $ 218/sqft | 12204 | $ 437,656 $ 208/sqft |
| 12208 | $ 316,334 $ 207/sqft | 12210 | $ 283,594 $ 194/sqft |
| 12211 | $ 477,000 $ 255/sqft | 12207 | $ 199,180 $ 192/sqft |
| 12206 | $ 203,580 $ 155/sqft | 12222 | $ -- $ -- |
| 12209 | $ 269,000 $ 201/sqft | 12226 | $ -- $ -- |
Housing Market Summary for Albany, NY
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $289K | $299.9K | 3.77% |
| Median Sold Price | $307.8K | $330.9K | 7.50% |
| Homes For Sale | 970 | 1,839 | 89.59% |
| Homes Sold | 336 | 496 | 47.62% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Albany, NY
Browse Homes in Albany, NY
Albany home values range from $35,436 to $2,912,783. The median estimated value of a home in Albany is $322,203. The median list price of a home is 299,900, and the total count of properties in the city is 3,301.
- Pre-ForeclosurePre-foreclosure homes account for 12.15% of all residential properties in Albany, NY with 12205 containing 90 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 12 zips within Albany, NY; of those zips, the estimated home value for pre-foreclosure homes ranges from $683,420 in 12211 to the lowest home value of $39,999 in 12202.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Albany, NY ranges from the highest value of $86,453 in 12205 to the lowest value of $79,000 in 12206. Bank owned homes and properties account for 0.24% of properties in Albany, NY. There are 12 zips within Albany, NY; 12206 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions12206 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Albany, NY. Auction homes and other auction properties account for 0.39% of all properties in Albany, NY. There are 12 zips within Albany, NY; of those zips, the median estimated home value for homes going to auction ranges from $0 in 12203 to the lowest value of $237,747 in 12203.
Compare Nearby Cities
More Real Estate Resources for Albany, NY
Guide for Albany, NY
New York Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
