Albany County, NY Housing

Housing in Albany, NY County is more expensive than the US median value of $338,100. The median value of a house in Albany, NY County is $294,700. In the last year, houses have appreciated 12.66%, significantly higher than the US average appreciation rate of 8.27%. This suggests that property values are increasing rapidly in the county and homes are becoming increasingly attractive investments for prospective buyers.

The median home cost in Albany County is $294,700. Home appreciation the last 10 years has been 49.7%. Home Appreciation in Albany County is up 11.5%.

Average Age of Homes

- The median age of Albany County real estate is 58 years old

The Rental Market in Albany County

- Renters make up 36.7% of the Albany County population
- 2.3% of houses and apartments in Albany County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Albany, New York	United States
	145,388.0	139,647,020.0
	59	42
	$294,700	$338,100
	11.5%	16.6%
	40.4%	57.0%
	49.7%	101.1%
	$20.56	$10.98
	$4,835	$2,690
	51.5%	57.4%
	10.1%	11.2%
	38.4%	31.4%
Vacant Housing
	2.3%	1.9%
	0.5%	0.4%
	0.9%	0.7%
	0.3%	0.4%
	1.2%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	1.1%	2.4%
	0.8%	2.8%
	1.7%	3.9%
	2.3%	4.5%
	9.2%	11.3%
	19.5%	13.0%
	35.3%	20.1%
	16.9%	13.6%
	6.2%	8.3%
	4.1%	9.7%
	0.9%	3.9%
	0.4%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.2%	13.6%
	5.2%	13.6%
	7.9%	13.6%
	10.0%	13.2%
	13.8%	14.8%
	7.9%	13.6%
	13.0%	10.0%
	6.3%	4.7%
	28.4%	12.2%

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