Market Intelligence · NY / Albany

Albany, NY 12206 Housing Market

The typical home value in Albany, NY 12206 is $230,567, up 6.5% over the past year. The median list price is $212,500, and homes spend a median of 53 days on market.

Updated August 2026Median value$231K

The median home value in Albany, NY 12206 is $231K as of August 2026, up 6.5% 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 12206 range

$212K to $249K

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

+6.5% over 12 months

Typical home value in 12206 over the last 12 months: $216K in Aug 2025 to $231K in Aug 2026 (+6.5%).

Aug 2025$216K

Aug 2026$231K

The numbers

What is the 12206 housing market like?

Typical home value

$231K

Up6.5%YoY

Median list price

$213K

Up5.9%MoM

Days on market

53

Up35.9%MoM

Homes for sale

15

Down11.8%MoM

Price cuts

12.5%

Up156.1%MoM

New listings

4

Down71.4%MoM

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

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The comparison

How do 12206 home prices compare?

  • 12206$230,567
  • 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

There are 15 homes for sale in 12206, with 4 new listings added. The median list price of $212,500 sits below the typical home value of $230,567, which has risen 6.5% over the past year. Homes take a median of 53 days to sell, and 12.5% of listings have had a price cut. The market is active but not frantic. Sellers can expect steady interest, though pricing close to recent sales matters more than aiming high.

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