Local Market0 views · 2 answers
How competitive is the Albany-Schenectady-Troy housing market?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 79/100
- YoY Good Chance of Selling
- Pending ratio
- 1.00
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 54
- YoY days on market
- Price cuts
- 37.8%
- YoY of active listings
Albany-Schenectady-Troy is competitive as of September 2026, with a Sold Score of 79/100 (Good Chance of Selling).
**Pending ratio** is 1.00 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +10.1% — more choices for buyers than a year ago.
**Median days on market** is 54. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 37.8% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (September 2026): Sold Score: 79/100 (Good Chance of Selling) · Pending ratio: 1.00 · Inventory YoY: +10.1% · Median days on market: 54 · Sellers cutting price: 37.8% · Median listing price: $419,975 (-3.9% YoY)
Albany-Schenectady-Troy snapshot
As of the latest 2026 data- Median listing
- $420K
- YoY -0.0%
- Active inventory
- 1,703
- YoY +0.1%
- Median DOM
- 54
- YoY +0.1%
- Pending ratio
- 1.00
- YoY -0.2%
- Price-reduced
- 14.8%
- YoY +0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
The Albany-Schenectady-Troy housing market is showing signs of becoming less competitive right now. While there are still many homes being bought, the number of available homes has increased, giving buyers more options.
The median listing price in the area is $419,975. This price has dipped slightly by 1.2% from the prior month and is down 3.9% compared to last year, which could be good news for those looking to buy.
There are more homes to choose from now, with 1,703 active listings. This is a 10.1% increase over the past year. The number of new homes coming on the market has also risen by 4.5% year-over-year, adding to the choices available.
Homes are staying on the market a bit longer, too, with a median of 54 days until they sell. This is nearly 6% longer than last year, suggesting that buyers have more time to make decisions. Also, almost 15% of homes have had their prices reduced.
For anyone looking to buy or sell in this area, these trends suggest a market where buyers might find more opportunities and less pressure to act quickly.