Is Albany, CA 94706 a buyer’s or seller’s market?

The Albany housing market right now

In the three months ending August 31, 2026, 63% of homes in Albany, CA 94706 sold above their list price, the typical home went under contract in 20 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 31 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 73%, homes sold more slowly (15 days then) and the median sale price rose 14% to $1,199,481. Overall, Albany is less competitive than a year ago, which gives buyers more room.

Within Alameda County, homes here sell faster than in 52% of the county’s ZIP codes, and sell more often over asking than in 70%. On our competition score, Albany ranks #73 of 1,069 CA ZIP codes with enough sales (score 89 out of 100).

Nearby, buyers who want less competition could look at Sunol 94586 (0% sold over asking) or Tracy 95391 (15% sold over asking), while Berkeley 94702 (90% sold over asking) and Oakland 94602 (86% sold over asking) are even more competitive.