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ALBANY, NY 12206

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 (12206) currently shows 20 active listings, with 11 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 72 days on market compared to 37 days last year.

The median listing price has risen 15.7% year-over-year, from $194,450 to $225,000.

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: 14,793  ·  Density: 2,755.6/mi²  ·  Median household income: $33,136

Typical home value: $132,740  ·  Homeownership: 22.4%

Market Overview

Active Listings
20
⇩ 23.1% vs 26 last year
Pending
11
55% pending ratio
Median Price
$225,000
⇧ 15.7% vs $194,450 last year
Average Price
$224,436
⇧ 14.1% vs $196,699 last year
Days on Market
72
⇧ 94.6% vs 37 days last year

Price Per Square Foot

Median $/sqft
$164
⇧ 10.8% vs $148/sqft last year
Median Home Size
1,307 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 26 last year
  • Days on market: 72 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $225,000 (+15.7% YoY)
  • Average: $224,436 (+14.1% 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 9.5 miles — 400 listings ($163,911,642 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12206Albany, NY 122060.0 mi22$5,356,340$237,500$243,470
12208Albany, NY 122082.0 mi39$11,744,967$279,950$301,153
12209Albany, NY 122092.5 mi22$5,681,764$250,000$258,262
12204Albany, NY 122042.9 mi14$3,940,300$219,900$281,450
12203Albany, NY 122033.5 mi44$18,904,468$322,450$429,647
12144Rensselaer, NY 121444.4 mi58$20,679,610$295,000$356,545
12110Latham, NY 121105.5 mi77$39,013,975$499,400$506,675
12159Slingerlands, NY 121595.7 mi9$3,932,640$375,000$436,960
12084Guilderland, NY 120846.4 mi3$1,575,000$525,000$525,000
12198Wynantskill, NY 121987.6 mi18$8,249,814$439,900$458,323
12061East Greenbush, NY 120618.2 mi21$11,946,480$592,058$568,880
12303Schenectady, NY 123039.0 mi58$21,720,014$294,450$374,483
12158Selkirk, NY 121589.5 mi15$11,166,270$462,000$744,418

Frequently Asked Questions

How many homes are for sale in ALBANY, NY 12206?

As of February 2026, there are 20 active listings in ALBANY, NY (zip code 12206), compared to 26 the prior year.

What is the median home price in ALBANY, NY 12206?

The median listing price in ALBANY, NY 12206 is $225,000 as of February 2026, a 15.7% increase from $194,450 the prior year.

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

Homes in ALBANY, NY 12206 spend an average of 72 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in ALBANY, NY 12206?

Based on current inventory and days-on-market data as of February 2026, ALBANY, NY 12206 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 72 days on market compared to 37 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 12206 save an estimated $4,500 compared to a typical 5% commission on the median listing price of $225,000. 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.