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

$190,637

AVERAGE PRICE OF 140 HOMES

$197,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$253,800

AVERAGE PRICE OF 7 HOMES WITH A POOL

$289,720

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $190,637
Avg Bedrooms 3.14 beds
Avg Bathrooms 1.6 baths

Average Price by Bedrooms

1 bedroom $144,900
2 bedrooms $199,888
3 bedrooms $174,009
4 bedrooms $246,172
5 bedrooms $197,800
Albany Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 180 252 307 322 321
Average Price $190,072 $195,556 $197,811 $201,373 $206,650
Avg Price Change -2.89% -1.15% -1.80% -2.62% +0.07%
Median Price $173,910 $179,900 $181,965 $182,553 $179,980
Med Price Change -3.44% -1.15% -0.32% +1.43% -1.59%
Avg Bedrooms 3.11 beds 3.16 beds 3.15 beds 3.15 beds 3.19 beds
Avg Bathrooms 1.56 baths 1.57 baths 1.58 baths 1.6 baths 1.62 baths
Total Homes Average Price Avg Days on Site
All Homes 140 $190,637 201 days
Distressed Homes 2 $197,450 74 days
Homes with a Pool 7 $253,800 329 days
Reduced Price Homes 5 $289,720 172 days
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