Albany, New York Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Albany, New York
35 ZIPs in this city:
12201
12202
12203
12204
12205
12206
12207
12208
12209
12210
12211
12212
12220
12222
12223
12224
12226
12227
12232
12233
12234
12235
12236
12237
12239
12240
12245
12246
12247
12248
12249
12255
12257
12260
12288
Market Hotness
95
Hotness Rank
--
Hotness Score
95
Supply Score
94
Demand Score
95
DOM vs US
-26.8%
Faster
Price vs US
75%
Below avg
Median Listing Price
$344K
Population
156,631
Households
147,662
Median Days on Market
37
Active Listings
114
New Listings
106
Housing Market
Pricing
Median Listing Price
$344K
+0.6% YoY
Average Listing Price
$366K
-0.8% YoY
Price per Sq Ft
$202.53
+2.1% YoY
Median Sq Ft
1,679
+2.2% YoY
Inventory
Active Listings
114
-2.6% YoY
New Listings
106
-5.4% YoY
Total Listings
304
-2.3% YoY
Buyer Competition
Pending Listings
192
-2.0% YoY
Pending Ratio
1.70
+1.7% YoY
Median Days on Market
37
-0.7% YoY
Price Reduced
10.3%
+0.2% YoY
FY2026 Fair Market Rent — Albany County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,217
/month
1 BR
$1,417
/month
2 BR
$1,702
/month
3 BR
$2,041
/month
4 BR
$2,253
/month
FMR Trends — Albany County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
38.4
2024
Population
Total Population
156,631
+0.8% YoY
Albany County Population
319,964
+0.6% YoY
Households
Total Housing Units
147,662
+0.5% YoY
Age
2024 Age Mix
317K
residents
Under 18
57,145
18.0%
Adults 18–64
202,271
63.8%
65 & Over
57,602
18.2%
Age Composition Over Time
2017–2024
Population Under 18
57,145
-0.5% YoY
Population 65 & Over
57,602
+2.6% YoY
Median Age
38.40
+0.3% YoY
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