Market Intelligence · NY / Albany

Albany, NY 12202 Housing Market

Typical home value in Albany's 12202 ZIP stands at $183,179, up 4.6% over the past year. The median list price is $169,000, with homes taking a median 29 days to sell as of September 2026.

Updated September 2026Median value$183K

The median home value in Albany, NY 12202 is $183K as of September 2026, up 4.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 12202 range

$169K to $198K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+4.6% over 12 months

Sep 2025$175K

Low $175KHigh $183K

Sep 2026$183K

The numbers

What is the 12202 housing market like?

As of September 2026

Typical home value

$183K

4.6%YoY

Median list price

$169K

0.6%MoM

Days on market

45.3%MoM

Homes for sale

44.4%MoM

Price cuts

26.5%

New listings

100.0%MoM

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

The outlook

12202 housing market forecast 2027

+3.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 12202 to rise 3.5% by September 2027.

Over the 12 months through September 2026, typical home values in 12202 rose 4.6%, per the Zillow Home Value Index.

Will home prices drop in 12202?

Zillow's forecast does not call for a drop: it expects typical home values in 12202 to rise 3.5% by September 2027, after a 4.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 12202 home prices compare?

12202$183,179
Albany$330,171
New York$329,626
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Albany: 9 ZIPs; New York: 1,561 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 13 homes for sale in 12202, with 8 new listings added to the market. The median list price of $169,000 sits noticeably below the typical home value of $183,179. Homes are spending a median 29 days on market, a reasonable pace for this area. About one in four listings, or 26.5%, has seen a price reduction. For sellers, the narrowing gap between list and value prices suggests a market where strategic pricing and realistic expectations matter most.

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Down payment20% · $36,636

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Common questions

What people ask us.

What is the typical home value in Albany 12202?

The typical home value is $183,179 as of September 2026, representing a 4.6% increase over the past year.

How long do homes typically stay on the market in 12202?

Homes in this ZIP take a median 29 days to sell.

How many homes are currently for sale in Albany 12202?

There are 13 homes for sale as of September 2026, with 8 new listings added recently.

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