Albany County Home Prices & Values

$193,800 Zillow Home Value Index What's This?  
Close

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -0.3% 1-year change
  • 0.6% 1-year forecast

The median home value in Albany County is $193,800. Albany County home values have declined -0.3% over the past year and Zillow predicts they will rise 0.6% within the next year. The median list price per square foot in Albany County is $140, which is higher than the Albany Metro average of $134. The median price of homes currently listed in Albany County is $224,500 while the median price of homes that sold is $196,650. The median rent price in Albany County is $980, which is lower than the Albany Metro median of $1,040.

Foreclosures will be a factor impacting home values in the next several years. In Albany County 1.1 homes are foreclosed (per 10,000). This is lower than the Albany Metro value of 1.7 and also lower than the national value of 5.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Albany County is 8.0%, which is higher than the national value of 8.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Albany County homeowners underwater on their mortgage is 11.3%, which is lower than Albany Metro at 12.4%.

more
Relative ZHVI
- +

Albany County Market Overview

Data through Feb 28, 2014
  • $193,800 ZHVI
  • 0.6% 1-yr forecast What's This?  
    Close

    The Zillow Home Value Forecast is Zillow’s prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Feb 28, 2015)
  • $224,500 Median listing price
  • $196,650 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading

Albany County Market Health

Data through Feb 28, 2014
  • 5.9/10 Healthy What's This?  
    Close

    The Market Health Index illustrates the current health of a region’s housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • 150 Average of days on Zillow (Jan 31, 2014)
  • No recent data Homes with negative equity (19.4% US Avg)
  • No recent data Delinquent on mortgage (8.0% US Avg)

Homes foreclosed (per 10,000)

1.1 homes Albany County
1.7 homes Albany Metro
5 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading

Cities in Albany County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Bethlehem $241,500 Delmar $240,200 Guilderland $232,700
New Scotland $227,700 Voorheesville $212,600 Westmere $195,200
Knox $192,300 Berne $164,600 Westerlo $159,800

Listings & Sales

Data through Feb 28, 2014
  • $140 Median list price / sq ft
  • $133 Median sale price / sq ft
  • 32.7% Listings with price cut
26.7%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading

Albany County Rentals

Data through Feb 28, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,535 Albany County
$1,553 Albany Metro
$1,310 United States
  • No recent data Breakeven horizon
  • $980 Rent list price
  • $0.90 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading