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ALBANY, NY 12207

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 (12207) currently shows 3 active listings, with 2 pending sales. Homes are averaging 100 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 100 days on market compared to 121 days last year.

The median listing price has fallen 45.5% year-over-year, from $400,000 to $217,975.

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: 2,337  ·  Density: 915.2/mi²  ·  Median household income: $45,682

Typical home value: $0  ·  Homeownership: 2.7%

Market Overview

Active Listings
3
⇧ 200% vs 1 last year
Pending
2
67% pending ratio
Median Price
$217,975
⇩ 45.5% vs $400,000 last year
Average Price
$217,975
⇩ 45.5% vs $400,000 last year
Days on Market
100
⇩ 17.4% vs 121 days last year

Price Per Square Foot

Median $/sqft
$143
⇩ 35.6% vs $222/sqft last year
Median Home Size
1,530 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 1 last year
  • Days on market: 100 now vs 121 last year

Median & Average Pricing

Year over Year
  • Median: $217,975 (-45.5% YoY)
  • Average: $217,975 (-45.5% 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 8.9 miles — 367 listings ($166,411,591 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12207Albany, NY 122070.0 mi3$672,000$224,000$224,000
12202Albany, NY 122021.8 mi13$2,151,500$170,000$165,500
12144Rensselaer, NY 121442.3 mi58$20,679,610$295,000$356,545
12209Albany, NY 122092.5 mi22$5,681,764$250,000$258,262
12211Albany, NY 122113.7 mi32$23,118,400$640,000$722,450
12203Albany, NY 122035.5 mi44$18,904,468$322,450$429,647
12205Albany, NY 122055.9 mi41$12,020,626$284,900$293,186
12061East Greenbush, NY 120616.1 mi21$11,946,480$592,058$568,880
12110Latham, NY 121106.9 mi77$39,013,975$499,400$506,675
12054Delmar, NY 120547.0 mi17$8,149,953$449,999$479,409
12063East Schodack, NY 120638.5 mi1$1,259,000$1,259,000$1,259,000
12033Castleton On Hudson, NY 120338.6 mi23$11,647,545$495,950$506,415
12158Selkirk, NY 121588.9 mi15$11,166,270$462,000$744,418

Frequently Asked Questions

How many homes are for sale in ALBANY, NY 12207?

As of February 2026, there are 3 active listings in ALBANY, NY (zip code 12207), compared to 1 the prior year.

What is the median home price in ALBANY, NY 12207?

The median listing price in ALBANY, NY 12207 is $217,975 as of February 2026, a 45.5% decrease from $400,000 the prior year.

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

Homes in ALBANY, NY 12207 spend an average of 100 days on the market before going under contract, compared to 121 days the prior year.

Is it a seller's or buyer's market in ALBANY, NY 12207?

Based on current inventory and days-on-market data as of February 2026, ALBANY, NY 12207 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 100 days on market compared to 121 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 12207 save an estimated $4,360 compared to a typical 5% commission on the median listing price of $217,975. 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.