The Albany housing market is very competitive. The median sale price of a home in Albany was $250K last month, up 12.4% since last year. The median sale price per square foot in Albany is $141, up 18.5% since last year.
In February 2025, Albany home prices were up 12.4% compared to last year, selling for a median price of $250K. On average, homes in Albany sell after 24 days on the market compared to 36 days last year. There were 57 homes sold in February this year, down from 66 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$250,000
+12.4% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Albany, NY
$250,000
+12.4%
United States
To compare other locations to the Albany and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Albany's median sale price is 41% lower than the national average. Overall cost of living in Albany is 5% higher than the national average. Learn which home features in Albany add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Albany housing market?
Albany is very competitive. Homes sell in 20 days.
0
100
79
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 20 days.
Hot homes
can sell for about 4% 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 - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Albany has a moderate risk of flooding. 2,614 properties in Albany are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Albany. Flood risk is increasing slower than the national average.
35% of properties are at risk of wildfire over the next 30 years
Fire Factor
Albany has a moderate risk of wildfire. There are 10,437 properties in Albany that have some risk of being affected by wildfire over the next 30 years. This represents 35% of all properties in Albany.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Albany has a Moderate 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 hurricanes. 29,249 properties in Albany have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 68 mph.