Albany Real Estate Market Overview

Could Albany, NY be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Albany. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Albany such as Colonie and... Loudonville. When you’re ready, Trulia has 378 resale and new homes in Albany lined up for you, including 28 open houses, and 146 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$175,257

Median Sales Price

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$125

Price Per Sqft

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$1,600

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Albany show a -0% year-over-year drop in median sales price and a 14% rise in median rent per month.

Median Sales Price
The median sales price for homes in Albany for Jun 22 to Sep 21 was $175,257 based on 49 home sales.
Price Per Square Ft.
Average price per square foot for Albany was $125, a decrease of -5% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Albany for Aug 22 to Sep 22 was $1,600.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in Albany can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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1,559

Counts of Theft

328

Counts of Assault

257

Counts of Burglary


Best Schools in Albany

There are 27 schools in Albany.

Elementary Schools
9

Loudonville School

Public, K - 6

8

Southgate School

Public, K - 6

8

Saddlewood Elementary School

Public, PK - 4

Middle Schools
8

Menands School

Public, K - 8

8

Lisha Kill Middle School

Public, 5 - 8

7

Sand Creek Middle School

Public, 5 - 8

High Schools
6

Colonie Central High School

Public, 9 - 12

3

Albany High School

Public, 7 - 12

N/A

Albany-Schoharie-Schenectady-Saratoga Boces

Public, 7 - 12


Demographics

Get to know your neighbors in Albany by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
48%
Single residents
Home owners
49%
Home owners
Median age
37
Median age
Household income
$51,741
Median household income
College educated
43%
College educated

Commute

Most people in Albany commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
85% commute by car
0% commute by bike
8% commute by public transportation
3% commute by foot

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