Zip 12209 (Albany, NY) Housing

The housing market in 12209 Albany, NY is doing quite well overall. According to the latest statistics, the median value of homes in this area is $222,200 which has seen an 8.56% appreciation over the last year. This figure is lower than the US median house value at $338,100 for houses nationally but still shows a healthy raise in property values due to local demand. The national average for house appreciation over 1 year is 8.27%, indicating that houses in 12209 Albany, NY are appreciating at a rate slightly higher than the average across the country.

The median home cost in Albany (zip 12209) is $222,200. Home appreciation the last 10 years has been 48.3%. Home Appreciation in Albany (zip 12209) is up 11.1%.

Average Age of Homes

- The median age of Albany (zip 12209) real estate is 78 years old

The Rental Market in Albany (zip 12209)

- Renters make up 40.2% of the Albany (zip 12209) population
- 0.9% of houses and apartments in Albany (zip 12209), 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
	4,713.0	139,647,020.0
	59	42
	$222,200	$338,100
	11.1%	16.6%
	37.8%	57.0%
	48.3%	101.1%
	$20.56	$10.98
	$4,357	$2,690
	60.8%	57.4%
	9.9%	11.2%
	29.3%	31.4%
Vacant Housing
	0.9%	1.9%
	0.6%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	7.7%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	0.0%	2.4%
	1.2%	2.8%
	8.0%	3.9%
	3.7%	4.5%
	16.3%	11.3%
	41.0%	13.0%
	20.4%	20.1%
	3.9%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.5%	3.9%
	0.3%	2.2%
	0.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.5%	13.6%
	2.5%	13.6%
	3.5%	13.6%
	2.7%	13.2%
	3.4%	14.8%
	3.5%	13.6%
	12.9%	10.0%
	7.8%	4.7%
	54.9%	12.2%

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