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ALBANY, NY 12203

Real Estate Market Report  ·  Albany County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The ALBANY, NY real estate market (12203) currently shows 45 active listings, with 30 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 38 days on market compared to 28 days last year.

The median listing price has fallen 5.3% year-over-year, from $339,000 to $321,000.

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

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

Market Overview

Active Listings
45
⇧ 28.6% vs 35 last year
Pending
30
67% pending ratio
Median Price
$321,000
⇩ 5.3% vs $339,000 last year
Average Price
$386,011
⇧ 5.1% vs $367,311 last year
Days on Market
38
⇧ 35.7% vs 28 days last year

Price Per Square Foot

Median $/sqft
$209
⇩ 8.3% vs $228/sqft last year
Median Home Size
1,515 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 35 last year
  • Days on market: 38 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $321,000 (-5.3% YoY)
  • Average: $386,011 (+5.1% 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 9.4 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 April 2026, there are 45 active listings in ALBANY, NY (zip code 12203), compared to 35 the prior year.

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

The median listing price in ALBANY, NY 12203 is $321,000 as of April 2026, a 5.3% decrease from $339,000 the prior year.

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

Homes in ALBANY, NY 12203 spend an average of 38 days on the market before going under contract, compared to 28 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 April 2026, ALBANY, NY 12203 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 28 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 $6,420 compared to a typical 5% commission on the median listing price of $321,000. 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.