Zip 12205 (Albany, NY) Housing

Housing in 12205 Albany, NY is both affordable and appreciating relative to the US average. The median housing value for 12205 Albany, NY is $267,400 compared to the US median value of $338,100. Additionally, house prices in 12205 Albany have appreciated 8.56% over the last year which is higher than the US average of 8.27%. This suggests that 12205 Albany is a great place to invest in housing as it offers relatively low prices while still offering decent appreciation rates.

The median home cost in Albany (zip 12205) is $267,400. Home appreciation the last 10 years has been 48.3%. Home Appreciation in Albany (zip 12205) is up 11.1%.

Average Age of Homes

- The median age of Albany (zip 12205) real estate is 55 years old

The Rental Market in Albany (zip 12205)

- Renters make up 29.3% of the Albany (zip 12205) population
- 1.4% of houses and apartments in Albany (zip 12205), 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
	11,945.0	139,647,020.0
	55	42
	$267,400	$338,100
	11.1%	16.6%
	37.8%	57.0%
	48.3%	101.1%
	$15.97	$10.98
	$3,685	$2,690
	67.7%	57.4%
	5.2%	11.2%
	27.1%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.7%	0.4%
	0.4%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	1.7%	2.4%
	0.5%	2.8%
	0.2%	3.9%
	1.8%	4.5%
	7.4%	11.3%
	19.4%	13.0%
	48.6%	20.1%
	13.1%	13.6%
	3.4%	8.3%
	2.0%	9.7%
	0.0%	3.9%
	0.1%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.1%	13.6%
	4.1%	13.6%
	7.4%	13.6%
	11.2%	13.2%
	18.4%	14.8%
	7.4%	13.6%
	21.0%	10.0%
	7.6%	4.7%
	11.0%	12.2%

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