Market Intelligence · NY / Albany

Albany, NY 12205 Housing Market

Homes in Albany ZIP 12205 have a typical value of $336,357, up 4.1% over the past year. The median list price stands at $330,325, with homes spending 33 days on market as of September 2026.

Updated September 2026Median value$336K

The median home value in Albany, NY 12205 is $336K as of September 2026, up 4.1% 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 12205 range

$309K to $363K

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

+4.1% over 12 months

Sep 2025$323K

Low $323KHigh $336K

Sep 2026$336K

The numbers

What is the 12205 housing market like?

As of September 2026

Typical home value

$336K

4.1%YoY

Median list price

$330K

3.3%MoM

Days on market

25.0%MoM

Homes for sale

33.3%MoM

Price cuts

5.8%

11.8%MoM

New listings

125.0%MoM

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

The outlook

12205 housing market forecast 2027

+3.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 12205 to rise 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in 12205 rose 4.1%, per the Zillow Home Value Index.

Will home prices drop in 12205?

Zillow's forecast does not call for a drop: it expects typical home values in 12205 to rise 3.1% by September 2027, after a 4.1% 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 12205 home prices compare?

12205$336,357
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

There are 28 homes for sale in this area, while 36 new listings came to market in September 2026. The median days on market of 33 suggests a moderately paced sales environment. Only 5.8% of listings have seen price cuts, indicating that most sellers have held their asking prices. The year-over-year gain of 4.1% in typical home value shows steady appreciation. If you are considering selling, the combination of consistent inventory flow and limited price reductions suggests the market is relatively stable, though not experiencing strong seller momentum.

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Home price

Down payment20% · $67,271

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Common questions

What people ask us.

How much is a home worth in 12205?

The typical home value in Albany 12205 is $336,357 as of September 2026, up 4.1% from the year prior.

How long do homes take to sell here?

Median days on market is 33, meaning the average home sits listed for about a month before sale.

What is the list price range?

The median list price is $330,325 as of September 2026.

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