Local Market0 views · 2 answers
How competitive is the Albany-Schenectady-Troy housing market?
P
Primpted Housing Analyst
Updated monthly · Data through August 2026 · v268
- Sold Score
- 82/100
- YoY Excellent Chance of Selling
- Pending ratio
- 1.15
- YoY contracts vs active
- Inventory YoY
- +0.0%
- YoY active listings
- Median DOM
- 52
- YoY days on market
- Price cuts
- 35.8%
- YoY of active listings
Albany-Schenectady-Troy is competitive as of August 2026, with a Sold Score of 82/100 (Excellent Chance of Selling).
**Pending ratio** is 1.15 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +4.4% — more choices for buyers than a year ago.
**Median days on market** is 52. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 35.8% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (August 2026): Sold Score: 82/100 (Excellent Chance of Selling) · Pending ratio: 1.15 · Inventory YoY: +4.4% · Median days on market: 52 · Sellers cutting price: 35.8% · Median listing price: $425,000 (-4.5% YoY)
Albany-Schenectady-Troy snapshot
As of the latest 2026 data- Median listing
- $425K
- YoY -0.0%
- Active inventory
- 1,566
- YoY +0.0%
- Median DOM
- 52
- YoY +0.0%
- Pending ratio
- 1.15
- YoY -0.1%
- Price-reduced
- 13.3%
- YoY +0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
The housing market in Albany-Schenectady-Troy is currently less competitive than it has been. Home prices have dipped a bit, and houses are taking slightly longer to find buyers right now.
The median listing price is $425,000. This is down 3.4% from the previous month and 4.5% compared to this time last year. This means homes are listed for less money now.
There are more homes available for sale, with active listings up 4.4% over the past year to 1,566 homes. However, fewer new homes are coming onto the market, down 1.3% year-over-year. Even with more choices, fewer people are putting their homes up for sale.
Houses are also staying on the market longer, with a median of 52 days to sell. This is 4.0% longer than a year ago. Also, 13.3% of homes have had their prices reduced, showing sellers are more willing to cut prices.
For you, this means there might be more opportunities to negotiate on price and have a bit more time to decide when buying a home.