Is Altamont, NY 12009 a buyer’s or seller’s market?

The Altamont housing market right now

In the three months ending August 31, 2026, 52% of homes in Altamont, NY 12009 sold above their list price, the typical home went under contract in 7 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 28 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 68%, homes sold about as fast and the median sale price rose 4% to $454,803. Overall, Altamont is less competitive than a year ago, which gives buyers more room.

Within Albany County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Altamont ranks #180 of 649 NY ZIP codes with enough sales (score 90 out of 100).

Nearby, buyers who want less competition could look at Albany 12207 (0% sold over asking) or Rensselaerville 12147 (0% sold over asking), while Guilderland 12084 (100% sold over asking) and South Bethlehem 12161 (100% sold over asking) are even more competitive.