The Albany housing market is very competitive. The median sale price of a home in Albany was $200K last month, down 33.3% since last year. The median sale price per square foot in Albany is $139, down 44.4% since last year.
In May 2025, Albany home prices were down 33.3% compared to last year, selling for a median price of $200K.
$200K
Sale Price
-33.3% since last year
$139
Sale $/Sq. Ft.
-44.4% since last year
Over List Price
0.7%
Days on Market
16
Down Payment
—
Total Homes Sold
1
To compare other locations to the Albany and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Albany add value to a home.
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How hot is the Albany housing market?
Albany is very competitive. Homes sell in 16 days.
0
100
70
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 16 days.
Hot homes
can sell for about 5% above list price and go pending in around 7 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Albany housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Albany.
Flood Factor - Minor
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Albany has a minor risk of flooding. 88 properties in Albany are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Albany. Flood risk is increasing faster than the national average.
45% of properties are at risk of wildfire over the next 30 years
Fire Factor
Albany has a moderate risk of wildfire. There are 541 properties in Albany that have some risk of being affected by wildfire over the next 30 years. This represents 45% of all properties in Albany.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Albany has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Albany is most at risk from severe storms. 1,189 properties in Albany have some risk of being in a severe wind event within the next 30 years.