Is Watervliet, NY 12189 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Watervliet is a seller’s market. With about 1.6 months of supply and 45% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score88/ 100

More competitive than 93% of U.S. ZIP codes, and #213 of 649 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.6Under 4 months = seller’s market
Sold above original list45%Share of sales, last 3 months
Median sale-to-list101.9%Sold price ÷ list price
Median days on market13Listing to accepted offer
Median price per sq ft$193▲ +21.0% vs. last year

The Watervliet housing market right now

In the three months ending August 31, 2026, 45% of homes in Watervliet, NY 12189 sold above their list price, the typical home went under contract in 13 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 41 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 54%, homes sold faster (15 days then) and the median sale price rose 12% to $327,358. Overall, Watervliet is less competitive than a year ago, which gives buyers more room.

Within Albany County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell less often over asking than in 73%. On our competition score, Watervliet ranks #213 of 649 NY ZIP codes with enough sales (score 88 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.

Nearby markets

Albany 12202Seller’s market $118 /sq ftAlbany 12203Seller’s market $213 /sq ftAlbany 12204Seller’s market $211 /sq ftAlbany 12205Seller’s market $245 /sq ft Browse all markets →

Where Watervliet is

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Questions about Watervliet real estate

Is Watervliet a buyer’s or seller’s market?

A seller’s market: there were 1.6 months of supply in Watervliet, NY 12189 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Watervliet?

The typical home went under contract in 13 days in the latest three months.

Do homes in Watervliet sell over asking?

45% of homes sold above their original list price, and the typical sale closed at 101.9% of the list price.

What are property taxes in Watervliet?

About 1.77% of a home’s value a year in Albany County, or roughly $7,080 on a $400,000 home.

What is the median home price in Watervliet?

The median sale price was $327,358 in the three months ending August 31, 2026, about $193 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology