Market Intelligence · NY / Albany

Albany, NY 12206 Housing Market

Typical home value in Albany 12206 sits at $225,666, up 6.3% over the past year. The median list price is $240,975, and homes are spending a median of 70 days on the market as of September 2026.

Updated September 2026Median value$226K

The median home value in Albany, NY 12206 is $226K as of September 2026, up 6.3% 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 12206 range

$208K to $244K

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

+6.3% over 12 months

Sep 2025$212K

Low $212KHigh $226K

Sep 2026$226K

The numbers

What is the 12206 housing market like?

As of September 2026

Typical home value

$226K

6.3%YoY

Median list price

$241K

13.4%MoM

Days on market

32.1%MoM

Homes for sale

20.0%MoM

Price cuts

14.8%

18.7%MoM

New listings

0.0%MoM

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

The outlook

12206 housing market forecast 2027

+3.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 12206 to rise 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in 12206 rose 6.3%, per the Zillow Home Value Index.

Will home prices drop in 12206?

Zillow's forecast does not call for a drop: it expects typical home values in 12206 to rise 3.1% by September 2027, after a 6.3% 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 12206 home prices compare?

12206$225,666
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 12 homes for sale in this Albany ZIP, with 4 new listings added recently. The median list price of $240,975 exceeds the typical home value of $225,666, reflecting a modest premium in active inventory. Homes are taking 70 days to sell on average, which suggests a market that moves at a deliberate pace. About 14.8% of listings have seen price cuts, indicating some seller adjustment. If you're considering selling, expect steady but unhurried interest in the current market.

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Down payment20% · $45,133

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Common questions

What people ask us.

How much is a home in 12206 worth?

Typical home value in Albany 12206 is $225,666 as of September 2026, representing a 6.3% increase over the past year.

How many homes are for sale in this ZIP?

There are 12 homes for sale as of September 2026, with 4 new listings added recently.

How long do homes typically sit on the market here?

The median days on market is 70 as of September 2026.

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