Is Albany, NY 12208 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Albany is a seller’s market. With about 1.7 months of supply and 72% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.7Under 4 months = seller’s market

Sold above original list72.2%Share of sales, last 3 months

Median sale-to-list105.2%Sold price ÷ list price

Median days on market7Listing to accepted offer

Median price per sq ft$207▲ +9.3% vs. last year

Run the numbers for 12208

Prefilled for 12208Can I win this house?Multiple-offer likelihood for a listing Prefilled for 12208Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

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