Albany Market Report
$586,245
AVERAGE PRICE OF 351 HOMES$2,121,428
AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES$621,531
AVERAGE PRICE OF 65 NEWLY BUILT HOMES$506,117
AVERAGE PRICE OF 17 REDUCED PRICE HOMES$337,950
AVERAGE PRICE OF 2 DISTRESSED HOMES$800,542
AVERAGE PRICE OF 7 HOMES WITH A POOLAverage Home
| Average Price | $586,245 |
| Avg Bedrooms | 3.11 beds |
| Avg Bathrooms | 2.12 baths |
Average Price by Bedrooms
| 2 bedrooms | $383,109 |
| 3 bedrooms | $494,133 |
| 4 bedrooms | $707,505 |
| 5 bedrooms | $666,852 |
Albany Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 312 | 278 | 293 | 263 | 234 |
| Average Price | $566,290 | $579,787 | $559,967 | $550,981 | $538,915 |
| Avg Price Change | -2.38% | +3.54% | +1.63% | +2.24% | +3.06% |
| Median Price | $476,451 | $482,679 | $472,336 | $457,339 | $457,558 |
| Med Price Change | -1.31% | +2.19% | +3.28% | -0.05% | -4.84% |
| Avg Bedrooms | 3.12 beds | 3.18 beds | 3.18 beds | 3.1 beds | 2.91 beds |
| Avg Bathrooms | 2.14 baths | 2.2 baths | 2.22 baths | 2.13 baths | 2.01 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| South Albany | 94 | $489,540 | 54 days |
| West Albany | 72 | $723,938 | 108 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 351 | $586,245 | 80 days |
| Multi-Million Dollar Homes | 21 | $2,121,428 | 107 days |
| Newly Built Homes | 65 | $621,531 | 109 days |
| Reduced Price Homes | 17 | $506,117 | 61 days |
| Distressed Homes | 2 | $337,950 | 73 days |
| Homes with a Pool | 7 | $800,542 | 87 days |
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