Housing in Albany, NY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$267,800

Median List Price

$249,900

Price Per Sq Ft

$163

Days on Market

33

Active Inventory

106

Months of Supply

1.7

Seller's market

Zillow Home Value

$309,941

ZHVI — January 2026

Zillow Rent Index

$1,570

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 19.0%List Price 0.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

41.0%

Off Market in 2 Weeks

34.8%

Sale-to-List Ratio

99.5%

Buyer's market

Sold Above Asking
41.0%
Under Contract in 2 Wks
34.8%
Listings with Price Drops
25.5%

Market Activity

Source: Redfin

Homes Sold

61

New Listings

80

Pending Sales

89

Homes Sold 6.2%New Listings 23.8%Pending 12.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$163

Median List $/SF

$133

Sale $/SF 19.9%List $/SF 2.3%Mar 24Jan 26

Albany vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Albany is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$223,000

Median Rent

$1,178

Total Housing Units

50,709

Vacancy Rate

13.7%

Owner Occupied

37.9%

Renter Occupied

62.1%

Median Property Tax

$5,235

per year

Monthly Cost (w/ Mortgage)

$1,376

Housing Types

Single Family
32.2%
Multi-Family
67.5%
Mobile Home
0.3%

The current median sale price in Albany, NY is $267,800 according to Redfin data. Homes spend a median of 33 days on the market. 41.0% of homes sold above asking price. The market has 1.7 months of supply. The median price per square foot is $163. Zillow's observed rent index is $1,570/month. About 37.9% of housing units are owner-occupied. The median year homes were built is 1949. There are 50,709 total housing units.