Albany, NY

Population: 98,566
Average annual home appreciation rate: -.17
Total of homes for sale in this market: 445
Median home price: $174,150
Median Rent: $983
Home price range: 48.73% of homes are between $99,001 – $197,000
Median sales price: $183,000
Number of homes: 249
Median foreclosure sales price: No current data available
Foreclosure discount: No current data available
Most common home type: 42.78% of homes are small apartment buildings
Number of vacant homes: 16.00%
Number of renters: 65.08%
Number of owner occupied: 34.92%
Number people living below poverty level: 25.16%
Unemployment rate: 4.9%
Is this area perfect for real estate deals going on right now? The accumulated appretiation of properties in Albany over the last 10 years have been high which is appealing to the savvy buyer, holder, or investor.

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