Albany, NY 12208 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Albany, NY — 12208
Market Hotness
92
Hotness Rank
#551
Hotness Score
92
Supply Score
91
Demand Score
94
DOM vs US
-23.5%
Faster
Price vs US
76%
Below avg
Median Listing Price
$325K
Population
23,289
Households
147,662
Median Days on Market
30
Active Listings
18
New Listings
20
Housing Market
Pricing
Median Listing Price
$325K
-0.1% YoY
Average Listing Price
$328K
-6.0% YoY
Price per Sq Ft
$191
-5.8% YoY
Median Sq Ft
1,569
+7.1% YoY
Inventory
Active Listings
18
+25.0% YoY
New Listings
20
+66.7% YoY
Total Listings
44
-14.6% YoY
Buyer Competition
Pending Listings
27
-27.4% YoY
Pending Ratio
1.51
-109.3% YoY
Median Days on Market
30
-40.1% YoY
Price Reduced
13.0%
+6.7% 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
23,289
-2.7% 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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