Cities with the most expensive homes in the Albany metro area May 11, 2023 by nadime dust Leave a Comment Stacker, provided by May 11, 2023 This is a carousel. Use Next and Previous buttons to navigate 1of47 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. High mortgage rates are also making monthly payments more expensive; as of May 4, the 30-year fixed mortgage rate sits at 6.39%. The typical home value in the United States increased over the last year by 3% to $334,994. 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. Cities are ranked by the Zillow Home Values Index for all homes as of March 2023. The ZHVI represents a seasonally adjusted price for the middle market for all homes. Data was available for 34 cities and towns in Albany. Charts for each city show the monthly typical home value since January 2018. You may also like: Highest-earning zip codes in Albany metro area Arina P Habich // ShutterstockShow MoreShow Less 2of47 #30. Preston Hollow, NY – Typical home value: $225,676– 1-year price change: +5.3%– 5-year price change: +52.1% StackerShow MoreShow Less 3of47 4of47 #29. Rotterdam Junction, NY – Typical home value: $229,053– 1-year price change: +4.3%– 5-year price change: +28.0% StackerShow MoreShow Less 5of47 #28. Ravena, NY – Typical home value: $238,709– 1-year price change: +4.0%– 5-year price change: +28.6% StackerShow MoreShow Less 6of47 7of47 #27. Troy, NY – Typical home value: $241,763– 1-year price change: +6.0%– 5-year price change: +41.9% StackerShow MoreShow Less 8of47 #26. South Glens Falls, NY – Typical home value: $250,431– 1-year price change: +6.5%– 5-year price change: +32.1% You may also like: Highest-rated brunch restaurants in Albany, according to Tripadvisor StackerShow MoreShow Less 9of47 10of47 #25. Watervliet, NY – Typical home value: $251,247– 1-year price change: +5.5%– 5-year price change: +36.1% StackerShow MoreShow Less 11of47 #24. Rensselaer, NY – Typical home value: $253,136– 1-year price change: +5.9%– 5-year price change: +36.9% StackerShow MoreShow Less 12of47 13of47 #23. Valley Falls, NY – Typical home value: $253,906– 1-year price change: +6.0%– 5-year price change: +39.4% StackerShow MoreShow Less 14of47 #22. Schenectady, NY – Typical home value: $256,848– 1-year price change: +5.9%– 5-year price change: +44.8% StackerShow MoreShow Less 15of47 16of47 #21. Schuylerville, NY – Typical home value: $261,255– 1-year price change: +6.1%– 5-year price change: +37.3% You may also like: Highest-rated Chinese restaurants in Albany, according to Tripadvisor StackerShow MoreShow Less 17of47 #20. Medusa, NY – Typical home value: $262,075– 1-year price change: +3.9%– 5-year price change: +50.7% StackerShow MoreShow Less 18of47 19of47 #19. Northville, NY – Typical home value: $264,099– 1-year price change: +6.4%– 5-year price change: +52.3% StackerShow MoreShow Less 20of47 #18. Cohoes, NY – Typical home value: $266,219– 1-year price change: +5.8%– 5-year price change: +35.3% StackerShow MoreShow Less 21of47 22of47 #17. Albany, NY – Typical home value: $269,483– 1-year price change: +4.7%– 5-year price change: +31.5% StackerShow MoreShow Less 23of47 #16. East Nassau, NY – Typical home value: $275,323– 1-year price change: +5.9%– 5-year price change: +46.6% You may also like: Highest-rated cheap eats in Albany, according to Tripadvisor StackerShow MoreShow Less 24of47 25of47 #15. Wynantskill, NY – Typical home value: $279,917– 1-year price change: +4.7%– 5-year price change: +36.0% StackerShow MoreShow Less 26of47 #14. Delanson, NY – Typical home value: $289,259– 1-year price change: +2.4%– 5-year price change: +27.7% StackerShow MoreShow Less 27of47 28of47 #13. Castleton-on-Hudson, NY – Typical home value: $297,626– 1-year price change: +5.4%– 5-year price change: +36.0% StackerShow MoreShow Less 29of47 #12. Averill Park, NY – Typical home value: $314,907– 1-year price change: +4.6%– 5-year price change: +41.9% StackerShow MoreShow Less 30of47 31of47 #11. Menands, NY – Typical home value: $324,849– 1-year price change: +5.0%– 5-year price change: +26.3% You may also like: Highest-paying jobs in Albany that don’t require a college degree StackerShow MoreShow Less 32of47 #10. West Sand Lake, NY – Typical home value: $326,702– 1-year price change: +4.8%– 5-year price change: +31.9% StackerShow MoreShow Less 33of47 34of47 #9. Round Lake, NY – Typical home value: $331,401– 1-year price change: +10.7%– 5-year price change: +32.6% StackerShow MoreShow Less 35of47 #8. Altamont, NY – Typical home value: $341,711– 1-year price change: +3.9%– 5-year price change: +26.5% StackerShow MoreShow Less 36of47 37of47 #7. Ballston Spa, NY – Typical home value: $346,573– 1-year price change: +5.4%– 5-year price change: +34.9% StackerShow MoreShow Less 38of47 #6. Voorheesville, NY – Typical home value: $347,654– 1-year price change: +4.4%– 5-year price change: +30.2% You may also like: Highest-rated dessert shops in Albany, according to Tripadvisor StackerShow MoreShow Less 39of47 40of47 #5. Greenfield Center, NY – Typical home value: $360,947– 1-year price change: +4.5%– 5-year price change: +64.7% StackerShow MoreShow Less 41of47 #4. Delmar, NY – Typical home value: $368,275– 1-year price change: +5.9%– 5-year price change: +26.6% StackerShow MoreShow Less 42of47 43of47 #3. Mechanicville, NY – Typical home value: $376,627– 1-year price change: +5.0%– 5-year price change: +38.5% StackerShow MoreShow Less 44of47 #2. Slingerlands, NY – Typical home value: $472,612– 1-year price change: +6.2%– 5-year price change: +29.9% StackerShow MoreShow Less 45of47 46of47 #1. Saratoga Springs, NY – Typical home value: $505,794– 1-year price change: +6.0%– 5-year price change: +41.8% You may also like: Highest paying jobs in Albany for high school graduates StackerShow MoreShow Less 47of47 Stacker compiled a list of cities with the most expensive homes in theAlbany metro area using data from Zillow. Related posts: The Kumho Series car which never raced in the main game Friend creates place for convicted child killer Kathleen Folbigg to call home Chicago Deposits $10 Million Into Albany Bank & Trust Jimmie Allen Accused of Misconduct in Troubling Lawsuit From Former Manager | Albany Herald Parade Partner Content See also Queensland passes new laws to ‘modernise’ birth certificates
This is a carousel. Use Next and Previous buttons to navigate 1of47 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. High mortgage rates are also making monthly payments more expensive; as of May 4, the 30-year fixed mortgage rate sits at 6.39%. The typical home value in the United States increased over the last year by 3% to $334,994. 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. Cities are ranked by the Zillow Home Values Index for all homes as of March 2023. The ZHVI represents a seasonally adjusted price for the middle market for all homes. Data was available for 34 cities and towns in Albany. Charts for each city show the monthly typical home value since January 2018. You may also like: Highest-earning zip codes in Albany metro area Arina P Habich // ShutterstockShow MoreShow Less 2of47 #30. Preston Hollow, NY – Typical home value: $225,676– 1-year price change: +5.3%– 5-year price change: +52.1% StackerShow MoreShow Less 3of47 4of47 #29. Rotterdam Junction, NY – Typical home value: $229,053– 1-year price change: +4.3%– 5-year price change: +28.0% StackerShow MoreShow Less 5of47 #28. Ravena, NY – Typical home value: $238,709– 1-year price change: +4.0%– 5-year price change: +28.6% StackerShow MoreShow Less 6of47 7of47 #27. Troy, NY – Typical home value: $241,763– 1-year price change: +6.0%– 5-year price change: +41.9% StackerShow MoreShow Less 8of47 #26. South Glens Falls, NY – Typical home value: $250,431– 1-year price change: +6.5%– 5-year price change: +32.1% You may also like: Highest-rated brunch restaurants in Albany, according to Tripadvisor StackerShow MoreShow Less 9of47 10of47 #25. Watervliet, NY – Typical home value: $251,247– 1-year price change: +5.5%– 5-year price change: +36.1% StackerShow MoreShow Less 11of47 #24. Rensselaer, NY – Typical home value: $253,136– 1-year price change: +5.9%– 5-year price change: +36.9% StackerShow MoreShow Less 12of47 13of47 #23. Valley Falls, NY – Typical home value: $253,906– 1-year price change: +6.0%– 5-year price change: +39.4% StackerShow MoreShow Less 14of47 #22. Schenectady, NY – Typical home value: $256,848– 1-year price change: +5.9%– 5-year price change: +44.8% StackerShow MoreShow Less 15of47 16of47 #21. Schuylerville, NY – Typical home value: $261,255– 1-year price change: +6.1%– 5-year price change: +37.3% You may also like: Highest-rated Chinese restaurants in Albany, according to Tripadvisor StackerShow MoreShow Less 17of47 #20. Medusa, NY – Typical home value: $262,075– 1-year price change: +3.9%– 5-year price change: +50.7% StackerShow MoreShow Less 18of47 19of47 #19. Northville, NY – Typical home value: $264,099– 1-year price change: +6.4%– 5-year price change: +52.3% StackerShow MoreShow Less 20of47 #18. Cohoes, NY – Typical home value: $266,219– 1-year price change: +5.8%– 5-year price change: +35.3% StackerShow MoreShow Less 21of47 22of47 #17. Albany, NY – Typical home value: $269,483– 1-year price change: +4.7%– 5-year price change: +31.5% StackerShow MoreShow Less 23of47 #16. East Nassau, NY – Typical home value: $275,323– 1-year price change: +5.9%– 5-year price change: +46.6% You may also like: Highest-rated cheap eats in Albany, according to Tripadvisor StackerShow MoreShow Less 24of47 25of47 #15. Wynantskill, NY – Typical home value: $279,917– 1-year price change: +4.7%– 5-year price change: +36.0% StackerShow MoreShow Less 26of47 #14. Delanson, NY – Typical home value: $289,259– 1-year price change: +2.4%– 5-year price change: +27.7% StackerShow MoreShow Less 27of47 28of47 #13. Castleton-on-Hudson, NY – Typical home value: $297,626– 1-year price change: +5.4%– 5-year price change: +36.0% StackerShow MoreShow Less 29of47 #12. Averill Park, NY – Typical home value: $314,907– 1-year price change: +4.6%– 5-year price change: +41.9% StackerShow MoreShow Less 30of47 31of47 #11. Menands, NY – Typical home value: $324,849– 1-year price change: +5.0%– 5-year price change: +26.3% You may also like: Highest-paying jobs in Albany that don’t require a college degree StackerShow MoreShow Less 32of47 #10. West Sand Lake, NY – Typical home value: $326,702– 1-year price change: +4.8%– 5-year price change: +31.9% StackerShow MoreShow Less 33of47 34of47 #9. Round Lake, NY – Typical home value: $331,401– 1-year price change: +10.7%– 5-year price change: +32.6% StackerShow MoreShow Less 35of47 #8. Altamont, NY – Typical home value: $341,711– 1-year price change: +3.9%– 5-year price change: +26.5% StackerShow MoreShow Less 36of47 37of47 #7. Ballston Spa, NY – Typical home value: $346,573– 1-year price change: +5.4%– 5-year price change: +34.9% StackerShow MoreShow Less 38of47 #6. Voorheesville, NY – Typical home value: $347,654– 1-year price change: +4.4%– 5-year price change: +30.2% You may also like: Highest-rated dessert shops in Albany, according to Tripadvisor StackerShow MoreShow Less 39of47 40of47 #5. Greenfield Center, NY – Typical home value: $360,947– 1-year price change: +4.5%– 5-year price change: +64.7% StackerShow MoreShow Less 41of47 #4. Delmar, NY – Typical home value: $368,275– 1-year price change: +5.9%– 5-year price change: +26.6% StackerShow MoreShow Less 42of47 43of47 #3. Mechanicville, NY – Typical home value: $376,627– 1-year price change: +5.0%– 5-year price change: +38.5% StackerShow MoreShow Less 44of47 #2. Slingerlands, NY – Typical home value: $472,612– 1-year price change: +6.2%– 5-year price change: +29.9% StackerShow MoreShow Less 45of47 46of47 #1. Saratoga Springs, NY – Typical home value: $505,794– 1-year price change: +6.0%– 5-year price change: +41.8% You may also like: Highest paying jobs in Albany for high school graduates StackerShow MoreShow Less 47of47 Stacker compiled a list of cities with the most expensive homes in theAlbany metro area using data from Zillow.