Albany County, NY real estate

What the numbers say

Albany County, NY real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Albany County listed for $369,950, up 2.2% from a year earlier. That is 39% below the New York median of $605,000.

Homes spent a median of 46 days on the market, slower than 43 days a year ago. That makes Albany County the #6 fastest-selling of 48 New York counties we track.

Homeowners in Albany County pay a median of $5,200 a year in property taxes on a median home value of $294,600, an effective rate of about 1.77%. The New York average is 1.55%, which makes Albany County the #21 lowest-tax of 62 counties in the state with published tax data.

Renters pay a median of $1,313 a month, and $1,401 for a two-bedroom. At today's prices a typical home costs about 23 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $370,000 home here comes to about $2,715 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $116,000 a year (the median household here earns $85,333).