Is Albany, NY 12211 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 months of supply and 51% 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.

Competition score92/ 100

More competitive than 97% of U.S. ZIP codes, and #143 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 supply1Under 4 months = seller’s market

Sold above original list51.4%Share of sales, last 3 months

Median sale-to-list102.4%Sold price ÷ list price

Median days on market14Listing to accepted offer

Median price per sq ft$279▲ +8.7% vs. last year

Run the numbers for 12211

Prefilled for 12211Can I win this house?Multiple-offer likelihood for a listing Prefilled for 12211Over-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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More tools for 12211

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Albany County property taxes Albany County loan limits Closing costs in New York Hottest ZIP codes in New York

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