Market Intelligence Report — NY-580

Albany-Schenectady-Troy, NY

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

Ref. No: 2026-NY-07
As of the latest 2026 data
Very Competitive

Median Listing

$440K
-1.7% YoY

Pending Ratio

1.23
-6.9% YoY

Active Inventory

1,516
+5.2% YoY

Median DOM

50 Days
+0.0% 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 Albany-Schenectady-Troy market is assessed as Very Competitive, with a pending ratio of 1.23 indicating demand significantly outstripping the available supply. This ratio exceeds the threshold for a highly active market, despite a year-over-year decline in this metric.

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

3.5%+0.3 pp YoY

Unemployment rate · Jun 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 5.2% over the past year, complemented by a 4.6% increase in new listings, yet overall inventory remains constrained relative to buyer activity. The median listing price has experienced a modest contraction of 1.7% year-over-year, alongside a 2.2% month-over-month decrease. Median days on market remain unchanged year-over-year, suggesting a consistent pace of absorption for available properties, despite a slight year-over-year increase of 0.7% in the share of price-reduced properties.

Historical Analysis

Market Trends

Median Price

$440K-2.2% MoM

Active Inventory

1,516+5.2% YoY

Days on Market

50+0.0% YoY

Sold Score™

82-6.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

82
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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

The elevated pending ratio suggests significant inventory pressure, with demand absorbing listings at a rapid pace. This environment generally necessitates agile decision-making from prospective purchasers to secure properties. The sustained median days on market further underscores a persistent, competitive acquisition landscape.

Luxury Segment

In the higher price tiers, a notable divergence is observed, with the average listing price contracting by 4.6% year-over-year, contrasting with a 2.7% increase in the median price per square foot. This disparity, coupled with a significant average-versus-median price spread, suggests some softness or price discipline emerging in the upper segments of the market.

Supply Dynamics

1,516 active listings represent the current floor, with new supply arriving at roughly 912 per month.

Pricing Pressure
11.7%

of active listings carry a price reduction, +0.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.7% year-over-year.

Absorption
1.23

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Albany-Schenectady-Troy, NY? Buyer Demand Index is running at 123%.

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
123%
Median Days on Market
50 days
Inventory YoY
+5%

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