The housing market in 12202 Albany, NY is quite strong with a median value of $147,100. This is significantly lower than the US house median value of $338,100 however it still shows a 1 year house appreciation rate of 8.56%, higher than the national average of 8.27%. With such an attractive price point and accelerated growth in values, it's no surprise that people are flocking to buy properties in 12202 Albany, NY.
The median home cost in Albany (zip 12202) is $147,100. Home appreciation the last 10 years has been 48.3%. Home Appreciation in Albany (zip 12202) is up 11.1%.
Average Age of Homes
- The median age of Albany (zip 12202) real estate is 78 years old
The Rental Market in Albany (zip 12202)
- Renters make up 56.9% of the Albany (zip 12202) population
- 4.1% of houses and apartments in Albany (zip 12202), 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.