Market Intelligence · NY / Albany

Albany, NY 12209 Housing Market

Homes in Albany 12209 have a typical value of $270,391, up 4.6% over the past year. The median list price stands at $230,000, with homes spending 35 days on market as of September 2026.

Updated September 2026Median value$270K

The median home value in Albany, NY 12209 is $270K as of September 2026, up 4.6% 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.

Sell without the wait

Sell your Albany home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 12209 range

$249K to $292K

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 12209 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Albany, NY.

12-month value trend

+4.6% over 12 months

Sep 2025$258K

Low $258KHigh $270K

Sep 2026$270K

The numbers

What is the 12209 housing market like?

As of September 2026

Typical home value

$270K

4.6%YoY

Median list price

$230K

4.1%MoM

Days on market

52.2%MoM

Homes for sale

0.0%MoM

Price cuts

11.6%

New listings

50.0%MoM

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

The outlook

12209 housing market forecast 2027

+3.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 12209 to rise 3.1% by September 2027.

Over the 12 months through September 2026, typical home values in 12209 rose 4.6%, per the Zillow Home Value Index.

Will home prices drop in 12209?

Zillow's forecast does not call for a drop: it expects typical home values in 12209 to rise 3.1% by September 2027, after a 4.6% 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.

Free home value report

See what your 12209 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 12209 home prices compare?

12209$270,391
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 ZIP has 12 homes for sale as of September 2026, with 6 new listings entering the market recently. Homes are staying on the market for a median of 35 days. About 11.6% of listings have seen a price cut, which suggests some sellers are adjusting to market conditions. The median list price of $230,000 sits notably below the typical home value, reflecting a range of property types and conditions. For sellers, this is a balanced market where pricing your home competitively matters.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $54,078

Term

Rate (%)

Common questions

What people ask us.

What is a typical home value in 12209?

The typical home value in Albany 12209 is $270,391, up 4.6% over the past year as of September 2026.

How long do homes stay on the market in 12209?

Homes in this ZIP spend a median of 35 days on the market, based on September 2026 data.

What is the median list price in 12209?

The median list price is $230,000 as of September 2026.

Discover

Nearby ZIP markets.

Keep reading