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ALBANY, NY 12208

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

Market Overview

Active Listings
39
⇧ 21.9% vs 32 last year
Pending
23
59% pending ratio
Median Price
$279,950
⇧ 6.1% vs $263,875 last year
Average Price
$301,153
⇧ 4% vs $289,487 last year
Days on Market
46
⇧ 4.5% vs 44 days last year

Market Context

Population: 23,128  ·  Density: 2,028.0/mi²  ·  Median household income: $65,701

Typical home value: $243,490  ·  Homeownership: 45.2%

Market Analysis

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

The ALBANY, NY real estate market (12208) currently shows 39 active listings, with 23 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 46 days on market compared to 44 days last year.

The median listing price has risen 6.1% year-over-year, from $263,875 to $279,950.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 32 last year
  • Days on market: 46 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $279,950 (+6.1% YoY)
  • Average: $301,153 (+4% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.1 miles — 191 listings ($77,854,445 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12208Albany, NY 122080.0 mi39$11,744,967$279,950$301,153
12206Albany, NY 122062.0 mi22$5,356,340$237,500$243,470
12202Albany, NY 122022.7 mi13$2,151,500$170,000$165,500
12207Albany, NY 122073.1 mi3$672,000$224,000$224,000
12077Glenmont, NY 120774.2 mi13$6,060,925$425,000$466,225
12211Albany, NY 122114.4 mi32$23,118,400$640,000$722,450
12204Albany, NY 122044.7 mi14$3,940,300$219,900$281,450
12084Guilderland, NY 120845.9 mi3$1,575,000$525,000$525,000
12189Watervliet, NY 121897.4 mi14$4,311,230$231,950$307,945
12067Feura Bush, NY 120678.4 mi7$1,395,450$199,350$199,350
12186Voorheesville, NY 121868.6 mi11$9,088,519$449,900$826,229
12183Troy, NY 121838.8 mi2$190,000$95,000$95,000
12198Wynantskill, NY 121989.1 mi18$8,249,814$439,900$458,323

Frequently Asked Questions

How many homes are for sale in ALBANY, NY 12208?

As of January 2026, there are 39 active listings in ALBANY, NY (zip code 12208), compared to 32 the prior year.

What is the median home price in ALBANY, NY 12208?

The median listing price in ALBANY, NY 12208 is $279,950 as of January 2026, a 6.1% increase from $263,875 the prior year.

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

Homes in ALBANY, NY 12208 spend an average of 46 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in ALBANY, NY 12208?

Based on current inventory and days-on-market data as of January 2026, ALBANY, NY 12208 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 44 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 12208 save an estimated $5,599 compared to a typical 5% commission on the median listing price of $279,950. 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.