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ALBANY, NY 12204

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 (12204) currently shows 10 active listings, with 7 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 63 days on market compared to 125 days last year.

The median listing price has fallen 33.4% year-over-year, from $322,500 to $214,675.

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: 8,728  ·  Density: 814.4/mi²  ·  Median household income: $70,260

Typical home value: $240,416  ·  Homeownership: 28.2%

Market Overview

Active Listings
10
⇧ 100% vs 5 last year
Pending
7
70% pending ratio
Median Price
$214,675
⇩ 33.4% vs $322,500 last year
Average Price
$272,692
⇩ 15.4% vs $322,500 last year
Days on Market
63
⇩ 49.6% vs 125 days last year

Price Per Square Foot

Median $/sqft
$184
⇩ 5.6% vs $195/sqft last year
Median Home Size
1,287 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 5 last year
  • Days on market: 63 now vs 125 last year

Median & Average Pricing

Year over Year
  • Median: $214,675 (-33.4% YoY)
  • Average: $272,692 (-15.4% 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 9.1 miles — 351 listings ($147,659,162 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12204Albany, NY 122040.0 mi14$3,940,300$219,900$281,450
12211Albany, NY 122112.3 mi32$23,118,400$640,000$722,450
12206Albany, NY 122062.9 mi22$5,356,340$237,500$243,470
12144Rensselaer, NY 121443.9 mi58$20,679,610$295,000$356,545
12183Troy, NY 121834.5 mi2$190,000$95,000$95,000
12208Albany, NY 122084.7 mi39$11,744,967$279,950$301,153
12110Latham, NY 121105.2 mi77$39,013,975$499,400$506,675
12203Albany, NY 122036.2 mi44$18,904,468$322,450$429,647
12196West Sand Lake, NY 121966.9 mi2$1,196,850$598,425$598,425
12061East Greenbush, NY 120617.1 mi21$11,946,480$592,058$568,880
12140Poestenkill, NY 121408.2 mi3$1,127,850$382,450$375,950
12084Guilderland, NY 120848.9 mi3$1,575,000$525,000$525,000
12182Troy, NY 121829.1 mi34$8,864,922$239,450$260,733

Frequently Asked Questions

How many homes are for sale in ALBANY, NY 12204?

As of February 2026, there are 10 active listings in ALBANY, NY (zip code 12204), compared to 5 the prior year.

What is the median home price in ALBANY, NY 12204?

The median listing price in ALBANY, NY 12204 is $214,675 as of February 2026, a 33.4% decrease from $322,500 the prior year.

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

Homes in ALBANY, NY 12204 spend an average of 63 days on the market before going under contract, compared to 125 days the prior year.

Is it a seller's or buyer's market in ALBANY, NY 12204?

Based on current inventory and days-on-market data as of February 2026, ALBANY, NY 12204 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 63 days on market compared to 125 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 12204 save an estimated $4,294 compared to a typical 5% commission on the median listing price of $214,675. 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.