Market Intelligence · NY / Albany

Albany, NY 12208 Housing Market

The typical home value in Albany, NY 12208 is $331,973, up 4.8% over the past year. Homes here are selling quickly, with a median of 23 days on market, and the median list price is $342,200.

Updated August 2026Median value$332K

The median home value in Albany, NY 12208 is $332K as of August 2026, up 4.8% 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 12208 range

$305K to $359K

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

+4.8% over 12 months

Typical home value in 12208 over the last 12 months: $317K in Aug 2025 to $332K in Aug 2026 (+4.8%).

Aug 2025$317K

Aug 2026$332K

The numbers

What is the 12208 housing market like?

Typical home value

$332K

Up4.8%YoY

Median list price

$342K

Up5.5%MoM

Days on market

23

Down46.5%MoM

Homes for sale

19

Up35.7%MoM

Price cuts

11.1%

Up57.6%MoM

New listings

20

Up66.7%MoM

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

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The comparison

How do 12208 home prices compare?

  • 12208$331,973
  • 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 Albany, NY 12208 market is moving at a brisk pace. Homes are spending a median of 23 days on market, and values have climbed 4.8% over the past year to a typical value of $331,973. There were 19 homes for sale as of 2026-08-01, with 20 new listings coming on, so fresh supply is roughly keeping up. Only 11.1% of listings had a price cut. For a seller, this is a market where well-priced homes can find a buyer without a long wait.

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