Is Albany, NY 12210 a buyer’s or seller’s market?

The Albany housing market right now

In the three months ending August 31, 2026, 28% of homes in Albany, NY 12210 sold above their list price, the typical home went under contract in 7 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 19 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (87 days then) and the median sale price rose 21% to $315,863. Overall, Albany 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 less often over asking than in 83%. On our competition score, Albany ranks #362 of 649 NY ZIP codes with enough sales (score 70 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.