Local Market0 views · 2 answers
Are buyers active in Albany-Schenectady-Troy?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 87/100
- YoY Excellent Chance of Selling
- Pending ratio
- 1.31
- YoY contracts vs active
- Inventory YoY
- -0.0%
- YoY active listings
- Median DOM
- 44
- YoY days on market
- Price cuts
- 24.2%
- YoY of active listings
Buyer demand in Albany-Schenectady-Troy is **very active** as of May 2026. The pending ratio is 1.31 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 44 days to go under contract. Inventory is -0.1% year over year — fewer choices means buyers who do show up have to move quickly. Sellers are responding: 24.2% of listings have cut price. Overall, the Primpted Sold Score for Albany-Schenectady-Troy is 87/100 (Excellent Chance of Selling).
— Live indicators (May 2026): Sold Score: 87/100 (Excellent Chance of Selling) · Pending ratio: 1.31 · Inventory YoY: -0.1% · Median days on market: 44 · Sellers cutting price: 24.2% · Median listing price: $449,900 (+0.0% YoY)
Albany-Schenectady-Troy snapshot
As of the latest 2026 data- Median listing
- $450K
- YoY +0.0%
- Active inventory
- 1,419
- YoY +0.1%
- Median DOM
- 42
- YoY -0.0%
- Pending ratio
- 1.29
- YoY -0.1%
- Price-reduced
- 9.9%
- YoY +0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
The market in Albany-Schenectady-Troy is seeing strong buyer activity, with homes moving quickly even as prices hold steady. The total number of homes for sale has grown slightly, but there are fewer brand new listings coming onto the market. Currently, an engaged buyer environment suggests homes are not staying on the market for long, reflecting consistent demand. There are 1,419 active listings, which is up 8.5% compared to last year. However, new listings are down 5.0% year-over-year, with 1,018 homes newly put up for sale. Homes are spending a median of 42 days on the market, which is nearly 5% less time than they did a year ago. This quick turnaround shows that when homes hit the market, buyers are moving to snap them up. The median listing price is $449,900, showing no change from last year and a slight dip of 1.1% from the prior month. This suggests prices are stable overall, making it a predictable market for buyers and sellers. With 1.29 pending listings for every active listing, and homes moving quickly, buyers face a market where they need to be ready to act. You are likely to encounter competition, so being prepared with financing and a clear idea of what you want will help you succeed.