Explore Albany
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Why Live in Albany
Albany's cultural scene centers around the iconic Empire State Plaza, where visitors can take in panoramic views from the Corning Tower Observation Deck and attend performances at The Egg's distinctive venue. The New York State Museum showcases the state's rich history through extensive exhibits, while the historic Palace Theatre hosts year-round concerts and shows. Outdoor enthusiasts can explore the unique ecosystem at Albany Pine Bush Preserve or bike along the Albany County Helderberg-Hudson Rail Trail. The restaurant scene features upscale dining at Yono's, known for Indonesian-American fusion and 677 Prime's premium steakhouse experience. The housing market includes diverse options across several neighborhoods. Pine Hills features single-family homes with a median price of $250,000, while Loudonville's single family homes command a median price of $455,000. The median price for single-family homes in Delaware Avenue is $245,000, and Buckingham Lake-Crestwood homes have a median price of $348,000. One-bedroom condos in Albany have a median price of $153,000, while two-bedroom condos have a median price of $205,000. Education options include highly rated public schools like Bethlehem Central Middle School and private institutions such as The Doane Stuart School, rated A+ by Niche. The city's location provides easy access to major northeastern cities, with New York City 2.5 hours away and Boston reachable in 3 hours.
Home Prices in Albany, NY
The median home sale price in Albany, NY is $315,000, up 5% year-over-year. Homes in Albany sell in 20 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$315,000
|
Median Single Family Sale Price
$320,000
|
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Median Townhouse Sale Price
$275,000
|
Median 2 Bedroom Sale Price
$249,000
|
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Median 1 Bedroom Sale Price
$155,500
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Average Price Per Sq Ft
$216
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Number of Homes for Sale
93
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Last 12 months Home Sales
958
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Months of Supply
1.20
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Median List Price
$310,000
|
|
Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
5%
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Popular Home Searches in Albany, NY
In Albany, buyers often prioritize practical layouts, historical charm, and features suited for four-season living in the Capital Region.
- Love historic character? Explore Victorian homes or colonial style properties in neighborhoods like Center Square or Pine Hills.
- Need extra space for storage or hobbies? Check out homes with basements or garages for added utility.
- Prefer updated finishes? Look into listings with hardwood floors or kitchen islands for style and function.
- Enjoy the outdoors? Browse homes with a deck or yard to make the most of seasonal changes.
- Want something newer? Consider new construction homes or modern homes in surrounding suburbs like Colonie or Guilderland.