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

$202,744

AVERAGE PRICE OF 327 HOMES

$94,334

AVERAGE PRICE OF 6 DISTRESSED HOMES

$254,492

AVERAGE PRICE OF 16 HOMES WITH A POOL

$200,025

AVERAGE PRICE OF 130 REDUCED PRICE HOMES

Average Home

Average Price $202,744
Avg Bedrooms 3.14 beds
Avg Bathrooms 1.6 baths

Average Price by Bedrooms

1 bedroom $150,939
2 bedrooms $187,066
3 bedrooms $187,458
4 bedrooms $235,531
5 bedrooms $265,937
Albany Home Price Trends
  9/2018 8/2018 7/2018 6/2018 5/2018
Total Listings 321 326 340 341 326
Average Price $206,650 $206,502 $206,564 $207,189 $202,468
Avg Price Change +0.07% -0.03% -0.30% +2.33% +2.41%
Median Price $179,980 $182,838 $180,866 $180,358 $179,950
Med Price Change -1.59% +1.09% +0.28% +0.23% +0.53%
Avg Bedrooms 3.19 beds 3.19 beds 3.19 beds 3.2 beds 3.19 beds
Avg Bathrooms 1.62 baths 1.62 baths 1.6 baths 1.62 baths 1.61 baths
Total Homes Average Price Avg Days on Site
All Homes 327 $202,744 106 days
Distressed Homes 6 $94,334 141 days
Homes with a Pool 16 $254,492 129 days
Reduced Price Homes 130 $200,025 140 days