dynamic.RE
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A middling-yield market with real competition. Neither rent nor appreciation dominates the case.
What would change this read: a price correction (median already −11.2% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −46.2% YoY, is the number to watch.
The median listing price is down 11.2% YoY while the median home got down 9.2% bigger, so value per square foot is up 11.6%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $544K purchase rents for $3,295/mo: 0.61% of price per month against the 1% rule's 1.00%.
Not shown: 1 BR (rent only, no matching sale price), 4 BR (sale only, no matching rent), 6 BR (sale only, no matching rent).
Sale and rental days on market run about even here.
Not shown: Apartment (rented here, not sold), Condo (sold here, not rented).
U.S. Census ACS characteristics for ZIP 12211 itself, not its parent county.
Renters hold 8.4% of this ZIP's 4,328 occupied households, on a median household income of $157K.
| Measure | ZIP 12211 | Albany County | Difference |
|---|---|---|---|
| Median Household Income | $157K | $85K | +$71K |
| Below Poverty Level | 2.8% | 13.0% | -10.2% |
| Median Age | 36.00 | 38.40 | -2.40 |
| Total Population | 14,383 | 317,018 | -- |
| Avg Household Size | 2.61 | 2.21 | +0.40 |
| Owner-Occupied | 91.6% | 56.6% | +35.1% |
| Worked From Home | 22.2% | 15.2% | +7.0% |
| Mean Commute | 21.00 | 21.40 | -0.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.5% to 317,018: residents under 18 are down 0.5% and those 65 and over are up 2.6%.
County median household income is $85K, 13.0% of residents are below the poverty level, 15.2% work from home.