Is Albany, NY 12206 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Albany is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score47/ 100

More competitive than 47% of U.S. ZIP codes, and #476 of 649 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5Under 4 months = seller’s market

Sold above original list34.6%Share of sales, last 3 months

Median sale-to-list94.2%Sold price ÷ list price

Median days on market20Listing to accepted offer

Median price per sq ft$112▲ +7.0% vs. last year

Run the numbers for 12206

Prefilled for 12206Can I win this house?Multiple-offer likelihood for a listing Prefilled for 12206Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albany 12202Seller’s market $118 /sq ft Albany 12203Seller’s market $213 /sq ft Albany 12204Seller’s market $211 /sq ft Albany 12205Seller’s market $245 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology