Albany Real Estate

Albany, NY, the capital of New York State, offers a unique blend of historic character, modern amenities, and a strong sense of community. Located along the Hudson River, Albany combines the convenience of a small city with access to major employers, higher education, healthcare, and government institutions.

The Albany real estate market features a wide range of housing options, including classic brownstones, historic single-family homes, new construction, and low-maintenance condominiums. Buyers can find properties that fit a variety of lifestyles, whether they’re looking for walkable neighborhoods, quieter residential settings, or proximity to downtown.

Albany’s central location in the Capital Region makes commuting straightforward, with easy access to nearby areas like Troy, Schenectady, and Saratoga Springs. The area is also well-connected via major highways, rail service, and the Albany International Airport.

Residents enjoy a variety of parks, cultural attractions, and year-round events. Popular destinations include Washington Park, the New York State Capitol, and the Empire State Plaza. The city also offers a growing dining scene, local shops, and access to outdoor recreation throughout the Hudson Valley and nearby Adirondacks.

From a real estate perspective, Albany continues to attract buyers due to its relative affordability compared to larger metro areas, stable employment base, and diverse housing inventory. Whether you’re purchasing your first home, relocating, downsizing, or investing, Albany provides opportunities across multiple price points and property types.
Listed by: Berkshire Hathaway Home Services Blake
Listed by: KW Platform
Listed by: Signature Premier Realty Inc

Albany - Town vs. County Stats

Avg Price in Albany: $291,000 / County Avg $449,900

65%

Avg Taxes in Albany: $5,800 / County Avg $6,800

84%

Avg Sq. Ft. in Albany: 1,678 / County Avg 1,932

87%

Avg Price per/sqft in Albany:$173 / County Avg $233

74%

Avg Walkscore in Albany: 54 / County Avg 46

117%

Avg Year Built in Albany: 1917 / County Avg 1943

99%

Avg Days on Website in Albany: 54 / County Avg 78

69%

Albany Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales
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