Albany

Why you'd want to live in Albany

Albany (Listeni/'??lb?ni?/ awl-b?-nee) is the capital of the U.S. state of New York and the seat of Albany County. Roughly 150 miles (240 km) north of New York City, Albany developed on the west bank of the Hudson River, about 10 miles (16 km) south of its confluence with the Mohawk River. The population of the City of Albany was 97,856 according to the 2010 census. Albany constitutes the economic and cultural core of the Capital District of New York State, which comprises the Albany-Schenectady-Troy, NY Metropolitan Statistical Area, including the nearby cities and suburbs of Troy, Schenectady, and Saratoga Springs. With a Census-estimated population of 1,170,483 in 2013, the Capital District is the third-most populous metropolitan region in the state and 38th in the United States.

Albany Market Report

$202,626

AVERAGE PRICE OF 332 HOMES

$99,524

AVERAGE PRICE OF 9 DISTRESSED HOMES

$271,164

AVERAGE PRICE OF 14 HOMES WITH A POOL

$187,687

AVERAGE PRICE OF 82 REDUCED PRICE HOMES

Average Home

Average Price $202,626
Avg Bedrooms 3.21 beds
Avg Bathrooms 1.61 baths

Average Price by Bedrooms

1 bedroom $178,471
2 bedrooms $183,381
3 bedrooms $172,116
4 bedrooms $224,005
5 bedrooms $332,591
Albany Home Price Trends
  4/2018 3/2018 2/2018 1/2018 12/2017
Total Listings 304 276 259 253 278
Average Price $197,710 $202,314 $194,973 $191,514 $192,231
Avg Price Change -2.33% +3.77% +1.81% -0.37% -0.44%
Median Price $179,000 $182,890 $180,816 $179,365 $178,125
Med Price Change -2.17% +1.15% +0.81% +0.70% -1.28%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 1.61 baths 1.65 baths 1.63 baths 1.63 baths 1.62 baths
Total Homes Average Price Avg Days on Market
All Homes 332 $202,626 93 days
Distressed Homes 9 $99,524 128 days
Homes with a Pool 14 $271,164 116 days
Reduced Price Homes 82 $187,687 158 days