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1 / 30#30. Ravena, NY
- Typical home value: $297,805
- 1-year price change: +2.5%
- 5-year price change: +27.9%
Cities with the most expensive homes in the Albany metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the 30-year fixed mortgage rate sits at 6.95%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Albany metro area using data from Zillow. Charts show the monthly typical home value since January 2018. Data was available for 34 cities and towns.
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2 / 30#29. Rotterdam Junction, NY
- Typical home value: $299,529
- 1-year price change: +5.5%
- 5-year price change: +26.0%
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3 / 30#28. Troy, NY
- Typical home value: $300,987
- 1-year price change: +5.0%
- 5-year price change: +32.7%
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4 / 30#27. Preston Hollow, NY
- Typical home value: $307,435
- 1-year price change: +5.8%
- 5-year price change: +36.8%
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5 / 30#26. South Glens Falls, NY
- Typical home value: $314,544
- 1-year price change: +5.8%
- 5-year price change: +31.1%
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6 / 30#25. Rensselaer, NY
- Typical home value: $316,913
- 1-year price change: +3.8%
- 5-year price change: +34.9%
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7 / 30#24. Valley Falls, NY
- Typical home value: $318,917
- 1-year price change: +7.8%
- 5-year price change: +31.9%
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8 / 30#23. Northville, NY
- Typical home value: $320,512
- 1-year price change: +6.6%
- 5-year price change: +38.6%
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9 / 30#22. Watervliet, NY
- Typical home value: $322,537
- 1-year price change: +3.5%
- 5-year price change: +31.6%
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10 / 30#21. Schuylerville, NY
- Typical home value: $332,142
- 1-year price change: +3.3%
- 5-year price change: +24.8%
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11 / 30#20. Albany, NY
- Typical home value: $332,657
- 1-year price change: +4.2%
- 5-year price change: +33.1%
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12 / 30#19. Schenectady, NY
- Typical home value: $333,482
- 1-year price change: +5.3%
- 5-year price change: +34.1%
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13 / 30#18. East Nassau, NY
- Typical home value: $333,811
- 1-year price change: +5.9%
- 5-year price change: +29.7%
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14 / 30#17. Cohoes, NY
- Typical home value: $342,287
- 1-year price change: +2.3%
- 5-year price change: +29.7%
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15 / 30#16. Medusa, NY
- Typical home value: $348,889
- 1-year price change: +3.8%
- 5-year price change: +33.4%
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16 / 30#15. Wynantskill, NY
- Typical home value: $353,744
- 1-year price change: +6.8%
- 5-year price change: +34.0%
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17 / 30#14. Delanson, NY
- Typical home value: $373,179
- 1-year price change: +6.2%
- 5-year price change: +29.3%
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18 / 30#13. Castleton-on-Hudson, NY
- Typical home value: $375,442
- 1-year price change: +6.5%
- 5-year price change: +36.2%
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19 / 30#12. Averill Park, NY
- Typical home value: $398,029
- 1-year price change: +10.0%
- 5-year price change: +33.3%
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20 / 30#11. Menands, NY
- Typical home value: $408,586
- 1-year price change: +4.3%
- 5-year price change: +31.3%
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21 / 30#10. West Sand Lake, NY
- Typical home value: $408,909
- 1-year price change: +8.2%
- 5-year price change: +37.2%
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22 / 30#9. Altamont, NY
- Typical home value: $426,296
- 1-year price change: +5.5%
- 5-year price change: +28.4%
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23 / 30#8. Voorheesville, NY
- Typical home value: $432,989
- 1-year price change: +4.0%
- 5-year price change: +30.0%
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24 / 30#7. Ballston Spa, NY
- Typical home value: $437,074
- 1-year price change: +5.3%
- 5-year price change: +30.2%
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25 / 30#6. Round Lake, NY
- Typical home value: $438,362
- 1-year price change: +5.6%
- 5-year price change: +31.7%
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26 / 30#5. Greenfield Center, NY
- Typical home value: $457,224
- 1-year price change: +5.1%
- 5-year price change: +31.0%
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27 / 30#4. Delmar, NY
- Typical home value: $459,037
- 1-year price change: +5.4%
- 5-year price change: +36.8%
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28 / 30#3. Mechanicville, NY
- Typical home value: $497,923
- 1-year price change: +5.3%
- 5-year price change: +33.2%
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29 / 30#2. Slingerlands, NY
- Typical home value: $587,699
- 1-year price change: +5.9%
- 5-year price change: +37.9%
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30 / 30#1. Saratoga Springs, NY
- Typical home value: $660,782
- 1-year price change: +7.0%
- 5-year price change: +34.8%
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