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Housing in Albany

Buying a home in Albany

Redfin doesn’t report enough recent sales in Albany to describe its market. Below: every site where Albany homes are listed, what owning costs against renting, and what to check before you buy.

Typical home value
$131K
Zillow
Rent or buy?

Owning the typical Albany home costs about $793 a month

Mortgage
Property tax
Insurance
Rent

Price: Zillow’s typical home value. Property tax at Albany’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Albany is affordable on local pay is on Cost of living.

Before you buy in Albany

Five things worth knowing

1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $131K home, about $1,300 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Albany, from test results, graduation and how much students grow.

Schools in Albany
17 min

Typical commute

The average one-way trip to work for people who live in Albany.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Albany, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Albany. People who follow the town see it, and so do people comparing Albany with their own town. No commission, no listing fee.

Questions about buying a home in Albany

How much are property taxes in Albany?

About 1% of a home’s value a year. On a $131K home that’s near $1,300.

Where can I see homes for sale in Albany?

Zillow, Redfin, Realtor.com and Homes.com all carry Albany’s MLS listings; the search links above open each one filtered to Albany.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).