Market Intelligence Report — NY-580

Albany-Schenectady-Troy, NY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NY-09
As of the latest 2026 data
Very Competitive

Median Listing

$420K
-3.9% YoY

Pending Ratio

1.00
-17.4% YoY

Active Inventory

1,703
+10.1% YoY

Median DOM

54 Days
+5.9% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's very competitive Albany-Schenectady-Troy market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Albany-Schenectady-Troy, NY.

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The local housing market remains Very Competitive, driven by a pending ratio of 1.00. Despite a modest increase in active listings by 10.1% year-over-year, demand continues to absorb available supply swiftly.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.8%+0.1 pp YoY

Unemployment rate · Aug 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

915,835+0.5% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Albany-Schenectady-Troy market right now.

Active listings have expanded by 10.1% year-over-year, reaching 1,703 units. New listings also saw a 4.5% year-over-year increase. Concurrently, the median listing price experienced a 3.9% year-over-year decline and a 1.2% month-over-month contraction, indicating some price adjustments despite strong demand. The pending ratio stands at 1.00, suggesting robust absorption.

Historical Analysis

Market Trends

Median Price

$420K-1.2% MoM

Active Inventory

1,703+10.1% YoY

Days on Market

54+5.9% YoY

Sold Score™

79-17.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

79
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 1.00, the market exhibits rapid absorption and strong inventory pressure, underscoring the limited negotiating room for buyers. This environment typically encourages price discipline from sellers due to sustained demand, although recent price data suggests some adjustments.

Luxury Segment

The average listing price of $532,535 is notably higher than the median listing price of $419,975, indicating a segment of higher-priced properties. However, both average listing price and median $/sqft ($240) have declined year-over-year by 8.7% and 2.1% respectively, suggesting some softening in the higher price tiers.

Supply Dynamics

1,703 active listings represent the current floor, with new supply arriving at roughly 884 per month.

Pricing Pressure
14.8%

of active listings carry a price reduction, +2.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -2.1% year-over-year.

Absorption
1.00

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Albany-Schenectady-Troy, NY? Inventory is up 10% from last year.

Demand in Albany-Schenectady-Troy, NY is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
100%
Median Days on Market
54 days
Inventory YoY
+10%

Demand is strong in Albany-Schenectady-Troy, NY. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Albany-Schenectady-Troy, NY
CBSA Code
10580
State
NY

ZIPs in Albany-Schenectady-Troy, NY

Sorted by active inventory · click a ZIP for its full report