Call or Text (240) SELL-123

ALBANY, NY 12203

Real Estate Market Report
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The ALBANY, NY real estate market (12203) currently shows 74 active listings, with 55 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 41 days on market compared to 25 days last year.

The median listing price has risen 3.5% year-over-year, from $327,450 to $339,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for ALBANY, NY 12203 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 30,545  ·  Density: 1,130.4/mi²  ·  Median household income: $75,239

Typical home value: $247,976  ·  Homeownership: 49.1%

Market Overview

Active Listings
74
⇧ 21.3% vs 61 last year
Pending
55
74% pending ratio
Median Price
$339,000
⇧ 3.5% vs $327,450 last year
Average Price
$467,864
⇧ 37.2% vs $341,071 last year
Days on Market
41
⇧ 64% vs 25 days last year

Price Per Square Foot

Median $/sqft
$222
⇧ 6.2% vs $209/sqft last year
Median Home Size
1,523 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 74 this year vs 61 last year
  • Days on market: 41 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $339,000 (+3.5% YoY)
  • Average: $467,864 (+37.2% 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 9.4 miles — 265 listings ($104,593,959 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12203Albany, NY 122030.0 mi41$19,276,314$354,450$470,154
12208Albany, NY 122082.9 mi36$11,868,984$287,400$329,694
12159Slingerlands, NY 121593.2 mi11$4,799,025$357,100$436,275
12209Albany, NY 122094.3 mi18$4,429,098$244,450$246,061
12211Albany, NY 122114.8 mi36$23,989,608$594,950$666,378
12207Albany, NY 122075.5 mi3$653,925$217,975$217,975
12085Guilderland Center, NY 120856.0 mi1$330,000$330,000$330,000
12204Albany, NY 122046.2 mi10$2,726,920$214,675$272,692
12304Schenectady, NY 123046.8 mi57$15,616,176$267,450$273,968
12186Voorheesville, NY 121867.4 mi16$10,108,096$317,425$631,756
12189Watervliet, NY 121897.8 mi17$4,566,863$244,900$268,639
12067Feura Bush, NY 120679.0 mi6$1,166,100$194,350$194,350
12009Altamont, NY 120099.4 mi13$5,062,850$368,000$389,450

Frequently Asked Questions

How many homes are for sale in ALBANY, NY 12203?

As of July 2026, there are 74 active listings in ALBANY, NY (zip code 12203), compared to 61 the prior year.

What is the median home price in ALBANY, NY 12203?

The median listing price in ALBANY, NY 12203 is $339,000 as of July 2026, a 3.5% increase from $327,450 the prior year.

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

Homes in ALBANY, NY 12203 spend an average of 41 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in ALBANY, NY 12203?

Based on current inventory and days-on-market data as of July 2026, ALBANY, NY 12203 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 41 days on market compared to 25 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 12203 save an estimated $6,780 compared to a typical 5% commission on the median listing price of $339,000. 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.