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Market Intelligence · NY / Albany County

Albany, NY home prices and housing market

9 ZIP markets liveData updated September 2026Typical value$330K1-yr changeUp4.9%

The typical home value in Albany, NY is $330K as of September 2026, up 4.9% from a year ago, based on the Zillow Home Value Index. In the typical Albany ZIP code, the median list price is $325K and homes spend a median of 35 days on market as of September 2026 (Realtor.com).

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The coverage

Albany, by the numbers.

Typical home valueZillow ZHVI, September 2026
$330K
1-yr changeMedian across Albany ZIPs
+4.9%
ZIP markets live35 tracked in Albany
9
County
Albany County

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12-month value trend

+4.9% over 12 months

Typical home value in Albany over the last 12 months: $315K in Sep 2025 to $330K in Sep 2026 (+4.9%).

Sep 2025$315K

Sep 2026$330K

Median Zillow home value index across Albany's ZIP codes.

Context

Albany's housing market continues to show steady growth. The typical home value in Albany is $330,171, up 4.9% over the past year as of September 2026. Buyers are still active, with homes spending a median of 35 days on the market. Inventory remains limited, with 156 homes for sale and 112 new listings in September 2026. The median list price sits at $324,500, and 11.6% of listings have taken a price cut. For a homeowner thinking about selling, values are rising and well-priced homes are moving, though overpricing can still lead to a reduction.

The numbers

What is the housing market like in Albany, NY?

Typical home value

$330K

Up4.9%YoY

Median list price

$325K

Days on market

35

Homes for sale

156

Price cuts

11.6%

New listings

112

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Albany's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Albany, NY home prices over time

Typical home values in Albany, NY are up 4.9% over the past year, from $315K in September 2025 to $330K in September 2026.

Typical home value in Albany, NY, September of each year
MonthTypical value1-yr change
September 2026$330,171+4.9%
September 2025$314,832No prior year

Typical value is the median Zillow Home Value Index across Albany ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Albany, NY a buyer's or seller's market?

Albany, NY leans toward a seller's market.

Relatively few listings have cut their asking price and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position.

Based on a median of 35 days on market and 12% of listings with a price cut in the typical Albany ZIP code, and 112 new listings against 156 active listings across Albany, as of September 2026 (Realtor.com).

The outlook

Albany housing market forecast 2027

+3.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 9 Albany ZIP codes, points to typical home values rising 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in Albany rose 4.9%, per the Zillow Home Value Index.

Will home prices drop in Albany?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Albany shows typical home values rising 3.1% by September 2027, after a 4.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 9 Albany ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Albany ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 35 Albany ZIP codes in total; the remaining 26 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Albany, NY home prices.

How much is a home in Albany worth?

The typical home value in Albany is $330,171, up 4.9% over the past year as of September 2026. This is a citywide figure, so an individual home may be worth more or less.

How fast are homes selling in Albany?

Homes in Albany are spending a median of 35 days on the market as of September 2026. There were 156 homes for sale and 112 new listings that month.

Are sellers in Albany cutting prices?

Yes, some are. As of September 2026, 11.6% of listings in Albany had a price cut, and the median list price was $324,500.

Are home prices going up or down in Albany, NY?

Typical home values in Albany, NY are up 4.9% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Albany, NY a buyer's or seller's market?

Albany, NY leans toward a seller's market. Relatively few listings have cut their asking price and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position. Based on a median of 35 days on market and 12% of listings with a price cut in the typical Albany ZIP code, and 112 new listings against 156 active listings across Albany, as of September 2026 (Realtor.com).

How long do homes take to sell in Albany, NY?

In the typical Albany ZIP code, homes spend a median of 35 days on market as of September 2026, based on Realtor.com listing data. Pricing and condition decide how fast any one home sells, so treat the median as a benchmark rather than a promise.

Nearby markets

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