Market Intelligence · NY / Albany

Albany, NY 12208 Housing Market

Typical home value in Albany 12208 is $330,171, up 4.9% over the past year. The median list price stands at $324,500, with homes taking a median of 46 days to sell as of September 2026.

Updated September 2026Median value$330K

The median home value in Albany, NY 12208 is $330K as of September 2026, up 4.9% 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 12208 range

$304K to $357K

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

+4.9% over 12 months

Sep 2025$315K

Low $315KHigh $330K

Sep 2026$330K

The numbers

What is the 12208 housing market like?

As of September 2026

Typical home value

$330K

4.9%YoY

Median list price

$325K

5.2%MoM

Days on market

100.0%MoM

Homes for sale

5.3%MoM

Price cuts

11.4%

2.6%MoM

New listings

20.0%MoM

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

The outlook

12208 housing market forecast 2027

+2.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 12208 to rise 2.9% by September 2027.

Over the 12 months through September 2026, typical home values in 12208 rose 4.9%, per the Zillow Home Value Index.

Will home prices drop in 12208?

Zillow's forecast does not call for a drop: it expects typical home values in 12208 to rise 2.9% by September 2027, after a 4.9% 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 12208 home prices compare?

12208$330,171
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

The market in 12208 shows moderate activity. There are 18 homes for sale, with 16 new listings arriving recently. The median days on market of 46 suggests properties are moving at a steady pace, though not quickly. About 11.4% of listings have seen a price cut, which is a small share. For sellers, the year-over-year appreciation is real, but you should price competitively and be ready for a market that requires patience.

Monthly payment

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Home price

Down payment20% · $66,034

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Common questions

What people ask us.

What is a typical home worth in 12208?

Typical home value in this area is $330,171, reflecting a 4.9% increase over the past year.

How long do homes stay on the market here?

As of September 2026, the median days on market is 46 days.

How many homes are currently for sale?

There are 18 homes for sale in 12208 as of September 2026, with 16 new listings recent.

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Nearby ZIP markets.

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