Albany, NY Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Albany, NY is showing healthy, moderate growth.

  • Steady price growth of 4.1% year-over-year — a balanced market.
  • Price-to-rent ratio: 18.3 — buying and renting are roughly comparable.

Median Home Value

$351,957

ZHVI

Year-over-Year

+4.1%

Price change

5-Year Change

+36.9%

Since 2021

Median Rent

$1,601/mo

ZORI

Active Listings

381

For sale

State Avg

$502,162

New York

Home Value Trends

5-year Zillow Home Value Index for Albany, NY vs. state and national averages.

Rent Data

Median Rent

$1,601/mo

Rent YoY Change

+2%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.