Why Live in Latham
Latham, a suburban community in the Town of Colonie, is located less than 10 miles from Downtown Albany and is home to nearly 14,000 residents. Known for its affordability compared to neighboring Loudonville, Latham attracts a diverse mix of first-time homebuyers and families. The area features a variety of home styles, including 20th-century Cape Cods, bi-levels, split-levels, Colonial Revivals, and ranch-style homes, as well as 21st-century New Traditionals and Colonial Revivals. The North Colonie Central School District, which serves the area, is highly rated, contributing to the neighborhood's appeal. Latham offers numerous amenities, including Latham Kiwanis Park with its playgrounds, sports courts, and the Latham Center for the Arts. The Crossings Park of Colonie, the largest green space in the community, provides walking trails, a playground, and a seasonal farmers market. Shopping and dining options are abundant along Loudon Road and Wolf Road, featuring a mix of chain stores and local eateries. Public transit is available through the Capital District Transportation Authority, and major highways provide easy access to Downtown Albany, Albany International Airport, and other regional destinations. Latham's crime rates are comparable to the national average. The area experiences all four seasons, with hot summers and snowy winters, making it a well-rounded place to live.
Home Trends in Latham, NY
On average, homes in Latham, NY sell after 18 days on the market compared to the national average of 50 days. The median sale price for homes in Latham, NY over the last 12 months is $387,500, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$387,500
Median Single Family Sale Price
$375,000
Median Townhouse Sale Price
$516,668
Average Price Per Sq Ft
$247
Number of Homes for Sale
27
Last 12 months Home Sales
176
Median List Price
$387,500
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
3%