Market Intelligence · NY / Albany

Albany, NY 12203 Housing Market

The typical home in Albany, NY 12203 is worth $340,617, up 3.7% over the past year. Homes are listed at a median of $339,900 and spend a median of 43 days on the market. That is a market with steady values and a normal pace of sales.

Updated August 2026Median value$341K

The median home value in Albany, NY 12203 is $341K as of August 2026, up 3.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 12203 range

$313K to $368K

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

+3.7% over 12 months

Typical home value in 12203 over the last 12 months: $329K in Aug 2025 to $341K in Aug 2026 (+3.7%).

Aug 2025$329K

Aug 2026$341K

The numbers

What is the 12203 housing market like?

Typical home value

$341K

Up3.7%YoY

Median list price

$340K

Up0.3%MoM

Days on market

43

Up4.9%MoM

Homes for sale

21

Up10.5%MoM

Price cuts

4.2%

Down33.2%MoM

New listings

24

Up9.1%MoM

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

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The comparison

How do 12203 home prices compare?

  • 12203$340,617
  • Albany$331,973
  • New York$332,241
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Albany: 9 ZIPs; New York: 1,561 ZIPs; United States: 26,265 ZIPs).

Context

The typical home value in Albany, NY 12203 is $340,617, up 3.7% over the past year. The median list price sits at $339,900, and homes take a median of 43 days to sell. There are 21 homes for sale, with 24 new listings coming on, so buyers have fresh options. Only 4.2% of listings have had a price cut, which suggests most sellers are pricing close to what buyers will pay. For a seller, this is a stable market where accurate pricing matters more than testing the ceiling.

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20% · $68,123

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