Cities with the fastest-growing home prices in the Albany metro area

Written by:
October 24, 2024
Volodymyr Kyrylyuk // Shutterstock

Cities with the fastest-growing home prices in the Albany metro area

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $360,385 in October, 2.4% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the most expensive homes in the Albany-Schenectady-Troy, NY metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

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Stacker

#30. Rotterdam Junction, NY

- 1-year price change: +$14,100 (+5.8%)
- 5-year price change: +$72,337 (+39.4%)
- Typical home value: $256,107 (#30 most expensive city in metro)

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#29. Averill Park, NY

- 1-year price change: +$14,315 (+4.2%)
- 5-year price change: +$106,698 (+43.4%)
- Typical home value: $352,304 (#12 most expensive city in metro)

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#28. South Glens Falls, NY

- 1-year price change: +$14,713 (+5.7%)
- 5-year price change: +$85,029 (+44.8%)
- Typical home value: $274,923 (#26 most expensive city in metro)

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#27. Ravena, NY

- 1-year price change: +$15,429 (+6.0%)
- 5-year price change: +$86,154 (+46.7%)
- Typical home value: $270,601 (#27 most expensive city in metro)

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#26. Scotia, NY

- 1-year price change: +$15,451 (+7.2%)
- 5-year price change: +$75,073 (+48.4%)
- Typical home value: $230,120 (#32 most expensive city in metro)

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Stacker

#25. West Sand Lake, NY

- 1-year price change: +$15,737 (+4.5%)
- 5-year price change: +$110,468 (+43.1%)
- Typical home value: $366,970 (#9 most expensive city in metro)

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#24. Troy, NY

- 1-year price change: +$15,987 (+6.3%)
- 5-year price change: +$86,047 (+46.9%)
- Typical home value: $269,448 (#28 most expensive city in metro)

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#23. Hagaman, NY

- 1-year price change: +$16,174 (+6.8%)
- 5-year price change: +$95,140 (+60.2%)
- Typical home value: $253,060 (#31 most expensive city in metro)

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Stacker

#22. Round Lake, NY

- 1-year price change: +$16,548 (+4.8%)
- 5-year price change: +$104,539 (+40.6%)
- Typical home value: $362,192 (#10 most expensive city in metro)

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#21. Delanson, NY

- 1-year price change: +$16,690 (+5.3%)
- 5-year price change: +$100,844 (+43.5%)
- Typical home value: $332,496 (#14 most expensive city in metro)

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Stacker

#20. Altamont, NY

- 1-year price change: +$17,041 (+4.8%)
- 5-year price change: +$98,232 (+35.5%)
- Typical home value: $374,871 (#8 most expensive city in metro)

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#19. Preston Hollow, NY

- 1-year price change: +$17,077 (+6.8%)
- 5-year price change: +$100,764 (+60.2%)
- Typical home value: $268,147 (#29 most expensive city in metro)

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#18. Wynantskill, NY

- 1-year price change: +$17,415 (+6.0%)
- 5-year price change: +$89,444 (+40.8%)
- Typical home value: $308,747 (#17 most expensive city in metro)

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#17. Watervliet, NY

- 1-year price change: +$17,885 (+6.7%)
- 5-year price change: +$91,134 (+47.5%)
- Typical home value: $283,081 (#25 most expensive city in metro)

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#16. Sharon Springs, NY

- 1-year price change: +$17,885 (+9.0%)
- 5-year price change: +$84,909 (+64.4%)
- Typical home value: $216,654 (#33 most expensive city in metro)

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Stacker

#15. Voorheesville, NY

- 1-year price change: +$18,138 (+5.0%)
- 5-year price change: +$112,559 (+41.6%)
- Typical home value: $382,921 (#7 most expensive city in metro)

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#14. Castleton-on-Hudson, NY

- 1-year price change: +$18,163 (+5.7%)
- 5-year price change: +$104,327 (+45.0%)
- Typical home value: $336,083 (#13 most expensive city in metro)

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#13. Rensselaer, NY

- 1-year price change: +$18,736 (+7.0%)
- 5-year price change: +$89,080 (+45.3%)
- Typical home value: $285,703 (#24 most expensive city in metro)

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Stacker

#12. Albany, NY

- 1-year price change: +$18,871 (+6.7%)
- 5-year price change: +$92,847 (+45.0%)
- Typical home value: $299,259 (#20 most expensive city in metro)

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#11. Greenfield Center, NY

- 1-year price change: +$19,025 (+5.1%)
- 5-year price change: +$131,325 (+49.8%)
- Typical home value: $395,288 (#5 most expensive city in metro)

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Stacker

#10. Medusa, NY

- 1-year price change: +$19,455 (+6.6%)
- 5-year price change: +$115,607 (+58.9%)
- Typical home value: $312,024 (#16 most expensive city in metro)

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#9. Northville, NY

- 1-year price change: +$19,976 (+7.0%)
- 5-year price change: +$116,676 (+62.1%)
- Typical home value: $304,539 (#19 most expensive city in metro)

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#8. Schenectady, NY

- 1-year price change: +$20,273 (+7.4%)
- 5-year price change: +$97,724 (+49.9%)
- Typical home value: $293,373 (#21 most expensive city in metro)

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#7. Ballston Spa, NY

- 1-year price change: +$20,545 (+5.6%)
- 5-year price change: +$114,396 (+41.9%)
- Typical home value: $387,166 (#6 most expensive city in metro)

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#6. Menands, NY

- 1-year price change: +$20,651 (+6.2%)
- 5-year price change: +$105,394 (+42.0%)
- Typical home value: $356,075 (#11 most expensive city in metro)

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#5. Cohoes, NY

- 1-year price change: +$22,481 (+7.9%)
- 5-year price change: +$95,966 (+45.8%)
- Typical home value: $305,459 (#18 most expensive city in metro)

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#4. Delmar, NY

- 1-year price change: +$25,853 (+6.8%)
- 5-year price change: +$116,531 (+40.0%)
- Typical home value: $408,073 (#4 most expensive city in metro)

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#3. Mechanicville, NY

- 1-year price change: +$27,478 (+6.8%)
- 5-year price change: +$143,762 (+50.3%)
- Typical home value: $429,497 (#3 most expensive city in metro)

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#2. Slingerlands, NY

- 1-year price change: +$28,941 (+5.8%)
- 5-year price change: +$151,402 (+40.4%)
- Typical home value: $525,842 (#2 most expensive city in metro)

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#1. Saratoga Springs, NY

- 1-year price change: +$29,003 (+5.4%)
- 5-year price change: +$183,125 (+47.6%)
- Typical home value: $567,722 (#1 most expensive city in metro)

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