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ALBANY, NY 12205

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

Market Analysis

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

The ALBANY, NY real estate market (12205) currently shows 43 active listings, with 28 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 39 days on market compared to 26 days last year.

The median listing price has risen 0.3% year-over-year, from $320,000 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: 26,436  ·  Density: 664.2/mi²  ·  Median household income: $87,681

Typical home value: $251,769  ·  Homeownership: 71.8%

Market Overview

Active Listings
43
⇧ 10.3% vs 39 last year
Pending
28
65% pending ratio
Median Price
$321,000
⇧ 0.3% vs $320,000 last year
Average Price
$327,725
⇩ 9.5% vs $362,275 last year
Days on Market
39
⇧ 50% vs 26 days last year

Price Per Square Foot

Median $/sqft
$232
⇩ 2.1% vs $237/sqft last year
Median Home Size
1,486 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 39 last year
  • Days on market: 39 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $321,000 (+0.3% YoY)
  • Average: $327,725 (-9.5% 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 8.5 miles — 277 listings ($99,257,428 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12205Albany, NY 122050.0 mi43$12,672,788$303,000$294,716
12211Albany, NY 122113.4 mi36$23,989,608$594,950$666,378
12084Guilderland, NY 120843.8 mi2$1,250,000$625,000$625,000
12208Albany, NY 122084.6 mi36$11,868,984$287,400$329,694
12304Schenectady, NY 123045.2 mi57$15,616,176$267,450$273,968
12204Albany, NY 122045.5 mi10$2,726,920$214,675$272,692
12209Albany, NY 122095.8 mi18$4,429,098$244,450$246,061
12189Watervliet, NY 121895.9 mi17$4,566,863$244,900$268,639
12202Albany, NY 122026.7 mi11$1,456,400$125,000$132,400
12085Guilderland Center, NY 120857.0 mi1$330,000$330,000$330,000
12054Delmar, NY 120547.8 mi12$5,793,804$537,400$482,817
12148Rexford, NY 121488.1 mi7$6,935,929$939,250$990,847
12308Schenectady, NY 123088.5 mi27$7,620,858$299,900$282,254

Frequently Asked Questions

How many homes are for sale in ALBANY, NY 12205?

As of March 2026, there are 43 active listings in ALBANY, NY (zip code 12205), compared to 39 the prior year.

What is the median home price in ALBANY, NY 12205?

The median listing price in ALBANY, NY 12205 is $321,000 as of March 2026, a 0.3% increase from $320,000 the prior year.

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

Homes in ALBANY, NY 12205 spend an average of 39 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in ALBANY, NY 12205?

Based on current inventory and days-on-market data as of March 2026, ALBANY, NY 12205 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 39 days on market compared to 26 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 12205 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.