Zip 12206 (Albany, NY) Housing

The housing market in 12206 Albany, NY is appreciating at a higher rate than the national average. The median value of a house in this area is $172,700, while the US median is $338,100. In the past year, the US experienced an 8.27% increase in house appreciation while 12206 Albany has seen an 8.56% increase. This indicates that people are finding real value when they invest in 12206 Albany’s housing market and that it continues to be a great place for anyone wanting to purchase or rent property.

The median home cost in Albany (zip 12206) is $172,700. Home appreciation the last 10 years has been 48.3%. Home Appreciation in Albany (zip 12206) is up 11.1%.

Average Age of Homes

- The median age of Albany (zip 12206) real estate is 78 years old

The Rental Market in Albany (zip 12206)

- Renters make up 54.2% of the Albany (zip 12206) population
- 4.3% of houses and apartments in Albany (zip 12206), 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
	8,380.0	139,647,020.0
	59	42
	$172,700	$338,100
	11.1%	16.6%
	37.8%	57.0%
	48.3%	101.1%
	$23.64	$10.98
	$2,799	$2,690
	17.4%	57.4%
	23.1%	11.2%
	59.5%	31.4%
Vacant Housing
	4.3%	1.9%
	0.8%	0.4%
	1.6%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	15.6%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	4.5%	2.4%
	3.8%	2.8%
	19.4%	3.9%
	13.2%	4.5%
	14.2%	11.3%
	20.1%	13.0%
	14.7%	20.1%
	5.4%	13.6%
	0.0%	8.3%
	0.3%	9.7%
	1.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.8%	13.6%
	0.8%	13.6%
	4.8%	13.6%
	4.2%	13.2%
	11.7%	14.8%
	4.8%	13.6%
	6.8%	10.0%
	7.5%	4.7%
	53.8%	12.2%

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