REPORT: Home prices in Albany County have risen over 15% since last year

ALBANY, N.Y. (NEWS10) — A new report by Porch shows that the Albany County median home price has risen 15.3% since last year. The current median home price is $272,278.

Home prices across the United States have been on the rise since the beginning of the COVID-19 pandemic. The median home price across the nation is currently $303,288, with a 17.7% since last year, according to the report.

Graph from Porch report

In Albany County:

  • Median home price: $272,278
  • 1-year change in home price: 15.3%
  • 5-year change in home price: 30.5%
  • Median household income: $69,953

The report only shows the median home price of one other county in the Capital Region. In Saratoga County:

  • Median home price: $338,298
  • 1-year change in home price: 20.9%
  • 5-year change in home price: 30.7%
  • Median household income: $89,932

Porch used data from the Zillow Home Value Index and U.S. Census Bureau American Community Survey for their report. You can view the full report on the Porch website.

Leave a Comment