Albany, NY Housing Market

Albany, NY's median home value is $371K, up 8.9% over the past year. Homes here sell in a median 44 days. Its PropertyIQ Score of 93 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.

PropertyIQ tracks the Albany, NY housing market through two complementary lenses: price momentum from Zillow home-value trends over 3 and 12 months, and demand pressure from how quickly homes sell and how often sellers cut prices, drawn from Realtor.com. The PropertyIQ Score distills these into one number that predicts how this NY market is set to perform against its state benchmark.

The Mid-Atlantic corridor benefits from proximity to major financial centers and government institutions. Housing markets in this region balance urban density with suburban expansion, creating varied opportunities from walkable city neighborhoods to rapidly growing exurbs. Within the Mid-Atlantic, Albany, NY's PropertyIQ Score of 93 ranks among the Mid-Atlantic's stronger demand signals.

New York's housing landscape spans from the nation's most expensive urban neighborhoods to affordable upstate markets with university-driven stability. The post-pandemic remote work shift has redistributed demand across the state.

Each month, PropertyIQ updates its score for Albany, NY using four inputs: Zillow ZHVI twelve-month and three-month momentum, Realtor.com median days on market, and the Realtor.com share of listings with price cuts. These four signals are combined into a single 1 to 99 score computed across all metro markets and calibrated so 50 represents the state average, making it a direct read of how this market is positioned to perform relative to its state.

View Albany, NY's complete market profile including historical price trends, score history, and AI-generated analysis. Compare this market against any other US metro to find the best opportunities for your investment strategy.