Albany, NY 12204 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Albany, NY — 12204
Median Listing Price
$642K
Population
7,812
Households
147,662
Median Days on Market
20
Active Listings
6
New Listings
4
Housing Market
Pricing
Median Listing Price
$642K
+63.0% YoY
Average Listing Price
$656K
+83.0% YoY
Price per Sq Ft
$257
+39.6% YoY
Median Sq Ft
2,686
+48.0% YoY
Inventory
Active Listings
6
-55.6% YoY
New Listings
4
-33.3% YoY
Total Listings
13
-42.2% YoY
Buyer Competition
Pending Listings
7
-30.0% YoY
Pending Ratio
1.17
+42.6% YoY
Median Days on Market
20
-67.0% YoY
Price Reduced
7.7%
-12.2% 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
ZIP Population
7,812
-7.3% 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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