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ALBANY, NY 12203

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The ALBANY, NY real estate market (12203) currently shows 41 active listings, with 30 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 57 days on market compared to 70 days last year.

The median listing price has risen 14.1% year-over-year, from $310,700 to $354,450.

Whether you are buying or selling in ALBANY, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 30,545  ·  Density: 1,130.4/mi²  ·  Median household income: $75,239

Typical home value: $247,976  ·  Homeownership: 49.1%

Market Overview

Active Listings
41
⇧ 5.1% vs 39 last year
Pending
30
73% pending ratio
Median Price
$354,450
⇧ 14.1% vs $310,700 last year
Average Price
$470,154
⇧ 26.9% vs $370,379 last year
Days on Market
57
⇩ 18.6% vs 70 days last year

Price Per Square Foot

Median $/sqft
$201
⇧ 10.4% vs $182/sqft last year
Median Home Size
1,538 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 41 this year vs 39 last year
  • Days on market: 57 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $354,450 (+14.1% YoY)
  • Average: $470,154 (+26.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.4 miles — 262 listings ($102,841,808 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12203Albany, NY 122030.0 mi44$18,904,468$322,450$429,647
12208Albany, NY 122082.9 mi39$11,744,967$279,950$301,153
12159Slingerlands, NY 121593.2 mi9$3,932,640$375,000$436,960
12209Albany, NY 122094.3 mi22$5,681,764$250,000$258,262
12211Albany, NY 122114.8 mi32$23,118,400$640,000$722,450
12207Albany, NY 122075.5 mi3$672,000$224,000$224,000
12085Guilderland Center, NY 120856.0 mi1$343,000$343,000$343,000
12204Albany, NY 122046.2 mi14$3,940,300$219,900$281,450
12304Schenectady, NY 123046.8 mi51$13,633,575$259,950$267,325
12186Voorheesville, NY 121867.4 mi11$9,088,519$449,900$826,229
12189Watervliet, NY 121897.8 mi14$4,311,230$231,950$307,945
12067Feura Bush, NY 120679.0 mi7$1,395,450$199,350$199,350
12009Altamont, NY 120099.4 mi15$6,075,495$388,950$405,033

Frequently Asked Questions

How many homes are for sale in ALBANY, NY 12203?

As of February 2026, there are 41 active listings in ALBANY, NY (zip code 12203), compared to 39 the prior year.

What is the median home price in ALBANY, NY 12203?

The median listing price in ALBANY, NY 12203 is $354,450 as of February 2026, a 14.1% increase from $310,700 the prior year.

How long do homes stay on the market in ALBANY, NY?

Homes in ALBANY, NY 12203 spend an average of 57 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in ALBANY, NY 12203?

Based on current inventory and days-on-market data as of February 2026, ALBANY, NY 12203 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 57 days on market compared to 70 days last year.

How much can I save on real estate commission in ALBANY, NY?

With SELL123.com's maximum 3% commission, sellers in ALBANY, NY 12203 save an estimated $7,089 compared to a typical 5% commission on the median listing price of $354,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.