Albany, NY Housing Market & Real Estate

Seller's market+6.5% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Albany, NY is $265,000, up 6.5% year-over-year. Homes sell in an average of 43 days with 108 active listings. The market is currently a seller's market.

$265,000median sale price

Is Albany a buyer's or seller's market?

Seller's market2.0 months of supply43 avg. days on market

Albany, NY is currently a seller's market, based on 2.0 months of supply and homes selling in about 43 days. How we determine this →

Homes sold

54

Last 12 weeks

Days on market

43

Average pace

Active listings

108

2.0 months supply

Sale-to-list

98.9%

Below asking

Albany, NY market data

Current housing market statistics for Albany, NY
MetricValue
Median sale price$265,000
Median list price$260,000
Year-over-year price change+6.5%
Average days on market43 days
Active inventory108 listings
Months of supply2.0 months
Sale-to-list price ratio98.9%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Albany housing market is currently classified as a seller's market with a median sale price of $265,000. Prices have risen 6.5% compared to last year, with homes spending an average of 43 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Albany

There are currently 108 homes listed for sale in Albany, New York. The median listing price is $260K. Featured listings range from $180,000 to $439,000.

3 bedroom townhouse for sale at 217 Mount Hope Dr Albany - $180,000
$180,000

217 Mount Hope Dr

Albany, NY

3 bd1 ba1,102 sqft
Townhouse1,307 sqft lot
More about this property
3 bedroom house for sale at 125 Benson St Albany - $234,900
$234,900

125 Benson St

Albany, NY

3 bd2 ba1,423 sqft
House3,485 sqft lot
More about this property
2 bedroom condo for sale at 1110 Western Ave Apt 9 Albany - $257,900
$257,900

1110 Western Ave Apt 9

Albany, NY

2 bd1 ba1,094 sqft
Condo436 sqft lot
More about this property
3 bedroom house for sale at 130 Van Schoick Ave Albany - $320,000
$320,000

130 Van Schoick Ave

Albany, NY

3 bd1 ba1,956 sqft
House5,227 sqft lot
More about this property
3 bedroom house for sale at 134 Rosemont St Albany - $325,000
$325,000

134 Rosemont St

Albany, NY

3 bd3 ba1,627 sqft
House5,227 sqft lot
More about this property
4 bedroom multi-family for sale at 70 N Lake Ave Albany - $339,000
$339,000

70 N Lake Ave

Albany, NY

4 bd3 ba1,610 sqft
Multi-family2,178 sqft lot
More about this property
4 bedroom house for sale at 968 New Scotland Rd Albany - $339,000
$339,000

968 New Scotland Rd

Albany, NY

4 bd3 ba1,696 sqft
House17,860 sqft lot
More about this property
6 bedroom multi-family for sale at 683 State St Albany - $369,000
$369,000

683 State St

Albany, NY

6 bd2 ba1,750 sqft
Multi-family2,614 sqft lot
More about this property
5 bedroom multi-family for sale at 35 Fountain Ave Albany - $369,900
$369,900

35 Fountain Ave

Albany, NY

5 bd2 ba1,806 sqft
Multi-family5,227 sqft lot
More about this property
4 bedroom house for sale at 7 Tudor Rd Albany - $399,900
$399,900

7 Tudor Rd

Albany, NY

4 bd2 ba2,181 sqft
House8,276 sqft lot
More about this property
5 bedroom house for sale at 25 Alfred Dr Albany - $439,000
$439,000

25 Alfred Dr

Albany, NY

5 bd2 ba2,540 sqft
House9,148 sqft lot
More about this property
5 bedroom house for sale at 18 Norfolk St Albany - $439,000
$439,000

18 Norfolk St

Albany, NY

5 bd2 ba3,000 sqft
House17,860 sqft lot
More about this property

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Active listings

108

Homes on market

Median list price

$260K

Avg. days on market

43

Days until sale

New this week

59

Newly listed

Price drops:14.8%of listings
Sale-to-list:98.9%

Top public schools in Albany

34 schools tracked · 17,524 students

The largest public schools serving Albany, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

ALBANY HIGH SCHOOL

Grades 9-12 · 2,768 students

Public

COLONIE CENTRAL HIGH SCHOOL

Grades 9-12 · 1,561 students

Public

SAND CREEK MIDDLE SCHOOL

Grades 5-8 · 882 students

Public

KIPP TECH VALLEY CHARTER SCHOOL

Grades K-8 · 821 students

Charter

KIPP ALBANY COMMUNITY CHARTER SCHOOL

Grades K-8 · 676 students

Charter

LISHA KILL MIDDLE SCHOOL

Grades 5-8 · 646 students

Public

WILLIAM S HACKETT MIDDLE SCHOOL

Grades 6-8 · 630 students

Public

STEPHEN AND HARRIET MYERS MIDDLE SCHOOL

Grades 6-8 · 573 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Albany?

The median home sale price in Albany is $265,000, up 6.5% from last year.

How long do homes stay on market in Albany?

Homes typically spend 43 days on market before going under contract.

Is Albany a buyer's or seller's market?

With 2.0 months of supply, Albany is currently a seller's market.

How many homes are for sale in Albany?

There are currently 108 homes listed for sale in Albany, NY.

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