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How competitive is the Albany housing market?

P

Primpted Housing Analyst

Updated monthly · Data through September 2026 · v269

Data-backed
Sold Score
39/100
YoY Challenging Market Conditions
Pending ratio
0.32
YoY contracts vs active
Inventory YoY
+0.2%
YoY active listings
Median DOM
62
YoY days on market
Price cuts
50.8%
YoY of active listings
Albany is moderately competitive as of September 2026, with a Sold Score of 39/100 (Challenging Market Conditions). **Pending ratio** is 0.32 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +18.8% — more choices for buyers than a year ago. **Median days on market** is 62. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 50.8% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (September 2026): Sold Score: 39/100 (Challenging Market Conditions) · Pending ratio: 0.32 · Inventory YoY: +18.8% · Median days on market: 62 · Sellers cutting price: 50.8% · Median listing price: $442,475 (-5.3% YoY)

Albany snapshot

As of the latest 2026 data
Median listing
$442K
YoY -0.1%
Active inventory
437
YoY +0.2%
Median DOM
62
YoY -0.1%
Pending ratio
0.32
YoY -0.1%
Price-reduced
32.4%
YoY +0.1%
P

Primpted Housing Analyst

Data-backed

Primpted research desk

The Albany housing market is not very competitive right now. There are more homes available, and they are taking longer to sell, giving buyers more options and negotiation power. The median listing price in Albany is currently $442,475. This price is slightly lower than last month and down a bit compared to last year, which could be good news for buyers looking for better deals. There are 437 homes actively for sale, which is a noticeable increase from last year. This larger selection means buyers have more choices. Homes are also staying on the market for an average of 62 days, giving buyers more time to decide. About one-third of homes for sale, 32.4%, have dropped their price. This number is higher than last year, suggesting sellers are willing to negotiate to find a buyer. Right now, there are 139 homes with pending sales. For every active listing, there are only about one-third as many pending sales. This indicates a slower pace of homes going under contract compared to the total homes available. If you are a buyer, this market offers more opportunities to find a home you like at a potentially better price and with less pressure to make a quick decision. If you are a seller, be prepared for longer marketing times and potentially needing to adjust your price.

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