Albany - NY housing market

The typical home value ($377,793) is the Zillow Home Value Index for the Albany - NY metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 5.4% over the past year. In Albany - NY, that means a home worth $358,437 last year is now worth roughly $377,793.

The median sale price, what homes actually close for, is $345,344. Homes are selling at 102.7% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Albany - NY sit on the market for roughly 8 days before going pending. Shorter = seller's market; longer = buyer's market.

About 19.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 950 new listings hit the market each month in Albany - NY. There are currently 1,902 homes for sale, up 4.6% from a year ago.

The typical monthly rent in Albany - NY is $1,689, up 4.7% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 18.6x, toss-up (#67 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,942 a month in principal and interest, $253 more than renting before taxes, insurance and upkeep. The two break even at a 5.36% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →