Is Ravena, NY 12143 a buyer’s or seller’s market?

The Ravena housing market right now

In the three months ending August 31, 2026, 73% of homes in Ravena, NY 12143 sold above their list price, the typical home went under contract in 7 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 50%, homes sold faster (25 days then) and the median sale price held steady to $314,864. Overall, Ravena is more competitive than a year ago, so tougher for buyers.

Within Albany County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Ravena ranks #135 of 649 NY ZIP codes with enough sales (score 93 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.