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

$207,111

AVERAGE PRICE OF 330 HOMES

$113,183

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,350,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$299,257

AVERAGE PRICE OF 19 HOMES WITH A POOL

$217,409

AVERAGE PRICE OF 131 REDUCED PRICE HOMES

Average Home

Average Price $207,111
Avg Bedrooms 3.2 beds
Avg Bathrooms 1.62 baths

Average Price by Bedrooms

1 bedroom $174,157
2 bedrooms $171,409
3 bedrooms $180,870
4 bedrooms $234,603
5 bedrooms $311,159
Albany Home Price Trends
  7/2018 6/2018 5/2018 4/2018 3/2018
Total Listings 340 341 326 304 276
Average Price $206,564 $207,189 $202,468 $197,710 $202,314
Avg Price Change -0.30% +2.33% +2.41% -2.33% +3.77%
Median Price $180,866 $180,358 $179,950 $179,000 $182,890
Med Price Change +0.28% +0.23% +0.53% -2.17% +1.15%
Avg Bedrooms 3.19 beds 3.2 beds 3.19 beds 3 beds 3 beds
Avg Bathrooms 1.6 baths 1.62 baths 1.61 baths 1.61 baths 1.65 baths
Total Homes Average Price Avg Days on Site
All Homes 330 $207,111 102 days
Distressed Homes 6 $113,183 91 days
Multi-Million Dollar Homes 1 $1,350,000 3 days
Homes with a Pool 19 $299,257 135 days
Reduced Price Homes 131 $217,409 126 days