The median home value in Albany, NY is $218,000. This is lower than the county median home value of $239,750. The national median home value is $308,980. The average price of homes sold in Albany, NY is $218,000. Approximately 34% of Albany homes are owned, compared to 55% rented, while 11% are vacant. Albany real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Albany real estate agent to arrange a tour today! Learn more about Albany Real Estate.