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The median home value in Albany, NY is $335,126 as of 2026-07-31, up 4.37% from a year earlier.
Median Home Value
$335,126
Year-over-Year
+4.37%
Population
102,095
Albany ranks #55 of 95 New York cities tracked here by median home value, and sits 24.7% below the state's city median of $445,174. It sits in Albany County, where the county-wide median is $376,480.
Median household income in Albany is $61,986, so the typical home value is about 5.4× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Albany police recorded a violent crime rate of 817 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,848 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Albany, that value is $335,126. That's up 4.37% from a year earlier. It is about 24.7% below the typical New York city tracked here.
Homes in Albany are cheaper than Albany County as a whole, where the median is $376,480 — a difference of about 11.0%.
Median household income here is $61,986, so the typical home value is about 5.4× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Albany police reported 817 violent crimes per 100,000 residents, covering a population of about 102,095. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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