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 $356,776 in January, 2.6% 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.
You may also like: People from these metros are looking to buy homes in Albany
Stacker
#30. Troy, NY
- 1-year price change: +$16,211 (+6.5%)
- 5-year price change: +$83,634 (+46.2%)
- Typical home value: $264,494 (#33 most expensive city in metro)
Stacker
#29. Ravena, NY
- 1-year price change: +$16,556 (+6.7%)
- 5-year price change: +$83,133 (+46.0%)
- Typical home value: $264,021 (#34 most expensive city in metro)
Stacker
#28. Northville, NY
- 1-year price change: +$16,753 (+6.3%)
- 5-year price change: +$106,177 (+59.7%)
- Typical home value: $283,908 (#28 most expensive city in metro)
Stacker
#27. Duanesburg, NY
- 1-year price change: +$16,795 (+4.8%)
- 5-year price change: +$106,177 (data not available)
- Typical home value: $364,469 (#10 most expensive city in metro)
Stacker
#26. Schenectady, NY
- 1-year price change: +$16,798 (+6.2%)
- 5-year price change: +$91,848 (+46.5%)
- Typical home value: $289,188 (#25 most expensive city in metro)
You may also like: Where people in Albany are looking to buy homes
Stacker
#25. Watervliet, NY
- 1-year price change: +$16,914 (+6.3%)
- 5-year price change: +$90,887 (+46.5%)
- Typical home value: $286,506 (#27 most expensive city in metro)
Stacker
#24. Johnsonville, NY
- 1-year price change: +$17,054 (+6.2%)
- 5-year price change: +$90,887 (data not available)
- Typical home value: $289,957 (#24 most expensive city in metro)
Stacker
#23. Round Lake, NY
- 1-year price change: +$17,175 (+4.9%)
- 5-year price change: +$105,350 (+39.8%)
- Typical home value: $369,824 (#9 most expensive city in metro)
Stacker
#22. Wynantskill, NY
- 1-year price change: +$18,025 (+6.3%)
- 5-year price change: +$88,145 (+40.7%)
- Typical home value: $304,982 (#20 most expensive city in metro)
Stacker
#21. Voorheesville, NY
- 1-year price change: +$18,189 (+5.0%)
- 5-year price change: +$111,248 (+40.9%)
- Typical home value: $383,183 (#6 most expensive city in metro)
You may also like: Highest-rated ice cream shops in Albany by diners
Stacker
#20. Rotterdam Junction, NY
- 1-year price change: +$18,359 (+7.8%)
- 5-year price change: +$71,025 (+38.6%)
- Typical home value: $254,867 (#36 most expensive city in metro)
Stacker
#19. Altamont, NY
- 1-year price change: +$18,399 (+5.1%)
- 5-year price change: +$98,915 (+35.4%)
- Typical home value: $378,010 (#8 most expensive city in metro)
Stacker
#18. Albany, NY
- 1-year price change: +$18,557 (+6.7%)
- 5-year price change: +$91,659 (+44.5%)
- Typical home value: $297,440 (#21 most expensive city in metro)
Stacker
#17. Alplaus, NY
- 1-year price change: +$18,581 (+6.4%)
- 5-year price change: +$91,659 (data not available)
- Typical home value: $309,852 (#16 most expensive city in metro)
Stacker
#16. Delanson, NY
- 1-year price change: +$18,666 (+6.2%)
- 5-year price change: +$97,655 (+44.0%)
- Typical home value: $319,767 (#15 most expensive city in metro)
You may also like: Highest-rated Southern restaurants in Albany by diners
Stacker
#15. Sharon Springs, NY
- 1-year price change: +$18,722 (+9.9%)
- 5-year price change: +$81,584 (+65.1%)
- Typical home value: $206,952 (#39 most expensive city in metro)
Stacker
#14. Rensselaer, NY
- 1-year price change: +$18,864 (+7.2%)
- 5-year price change: +$88,291 (+46.2%)
- Typical home value: $279,336 (#29 most expensive city in metro)
Stacker
#13. Averill Park, NY
- 1-year price change: +$19,206 (+6.0%)
- 5-year price change: +$103,477 (+43.5%)
- Typical home value: $341,521 (#13 most expensive city in metro)
Stacker
#12. Greenfield Center, NY
- 1-year price change: +$19,867 (+5.3%)
- 5-year price change: +$128,741 (+48.6%)
- Typical home value: $393,409 (#5 most expensive city in metro)
Stacker
#11. Preston Hollow, NY
- 1-year price change: +$19,950 (+7.9%)
- 5-year price change: +$101,905 (+59.5%)
- Typical home value: $273,098 (#31 most expensive city in metro)
You may also like: Albany 7-day weather forecast
Stacker
#10. Castleton-on-Hudson, NY
- 1-year price change: +$19,953 (+6.5%)
- 5-year price change: +$104,627 (+47.2%)
- Typical home value: $326,466 (#14 most expensive city in metro)
Stacker
#9. Ballston Spa, NY
- 1-year price change: +$20,639 (+5.7%)
- 5-year price change: +$113,893 (+42.8%)
- Typical home value: $379,860 (#7 most expensive city in metro)
Stacker
#8. Cohoes, NY
- 1-year price change: +$20,740 (+7.3%)
- 5-year price change: +$95,074 (+45.0%)
- Typical home value: $306,327 (#19 most expensive city in metro)
Stacker
#7. West Sand Lake, NY
- 1-year price change: +$20,749 (+6.2%)
- 5-year price change: +$110,335 (+44.6%)
- Typical home value: $357,630 (#12 most expensive city in metro)
Stacker
#6. Menands, NY
- 1-year price change: +$21,019 (+6.1%)
- 5-year price change: +$107,119 (+41.7%)
- Typical home value: $363,709 (#11 most expensive city in metro)
You may also like: Homes for sale in Albany at every price point
Stacker
#5. Medusa, NY
- 1-year price change: +$21,163 (+7.3%)
- 5-year price change: +$114,409 (+58.6%)
- Typical home value: $309,497 (#18 most expensive city in metro)
Stacker
#4. Delmar, NY
- 1-year price change: +$23,598 (+6.2%)
- 5-year price change: +$116,305 (+40.5%)
- Typical home value: $403,302 (#4 most expensive city in metro)
Stacker
#3. Mechanicville, NY
- 1-year price change: +$27,333 (+6.6%)
- 5-year price change: +$147,773 (+50.2%)
- Typical home value: $442,350 (#3 most expensive city in metro)
Stacker
#2. Saratoga Springs, NY
- 1-year price change: +$28,778 (+5.4%)
- 5-year price change: +$180,832 (+47.8%)
- Typical home value: $559,502 (#1 most expensive city in metro)
Stacker
#1. Slingerlands, NY
- 1-year price change: +$29,927 (+6.1%)
- 5-year price change: +$154,518 (+42.0%)
- Typical home value: $522,618 (#2 most expensive city in metro)
You may also like: Highest-rated things to do in Albany, according to Tripadvisor