Albany, NY 1 Bedroom Homes For Sale

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Rocket Homes›New York›Albany County›Albany›1 Bedroom

Albany, NY Real Estate Market Overview

In October 2024 in Albany, NY there were 10.2% less homes for sale than in September 2024. While the average time on the market in October 2024 was 21 days, the median list price was $285,000. While more than 54 listings in Albany, NY in October 2024 were sold above asking price, there were more than 19 listings sold at asking price, and more than 46 were sold below.

Info Icon From Rocket Homes Real Estate and based on county public records data.

Real Estate In Albany Neighborhoods

Living In Albany, NY

What is it like to live in Albany, New York?

Albany is located in Albany County, New York. There are roughly 97,677 residents, living in 41,005 households. The average temperature for Albany this time of the year is low of 32F and high of 49F. On average, Albany gets about 3.18 inches of precipitation in November. 34% residents are home owners, have a post secondary degree (46%) and are single, no kids (64%).

Info - Data provided by Home Junction Data provided by Home Junction

What type of housing is available in Albany, New York?

Albany's housing market is diverse, offering a range of options from historic brownstones to contemporary condos. Single-family homes are prevalent, making up approximately 60% of the housing stock, with a mix of Victorian, Colonial, and modern architectural styles. The remaining 40% is comprised of multi-family units, including apartments and townhouses, which cater to the city's varied demographic. The homeownership rate in Albany is around 38%, with a significant portion of the population, 62%, opting to rent.

What are the advantages of living in Albany, New York?

Albany is celebrated for its rich history and vibrant cultural scene. The community prides itself on a variety of annual events, such as the Tulip Festival, which showcases the city's Dutch heritage. The city's character is further defined by its blend of urban amenities and quaint neighborhoods, offering residents a unique living experience that balances metropolitan conveniences with a sense of small-town camaraderie.

Are things conveniently located in Albany, New York?

The city is served by a robust educational system, including numerous public schools across all levels and a selection of private institutions, reflecting Albany's commitment to educational diversity. Healthcare services are comprehensive, with several hospitals providing a range of specialized care. The public library system is well-established, supporting lifelong learning and community engagement. Retail and dining options are abundant, reflecting the local culture with a mix of international cuisines and regional specialties.

What does the transportation in Albany, New York look like?

Albany's transport infrastructure includes a network of buses that serve the city and surrounding areas, with varying schedules to accommodate commuters and residents. While specific ride-sharing services are available, the city also promotes walkability, particularly in the downtown area. Major highways such as I-87 and I-90 connect Albany to other cities, facilitating travel and commerce. Efforts to enhance transport efficiency and accessibility are ongoing, with improvements to public transit and roadways in development.

Housing Market Reports In Albany County

Schools Near Albany, NY

Elementary Schools

Loudonville Elementary School
349 Osborne Rd
Public District KG-5
Pine Hills Elementary School
41 N Allen St
Public District PK-5
Shaker Road Elementary School
512 Albany Shaker Rd
Public District KG-4

Middle Schools

Sand Creek Middle School
329 Sand Creek Rd
Public District 5-8
William S. Hackett Middle School
45 Delaware Ave
Public District 6-8
Farnsworth Middle School
6072 State Farm Rd
Public District 6-8

High Schools

Colonie Central High School
1 Raider Blvd
Public District 9-12
Green Tech High Charter School
99 Slingerland St
Public Charter 6-12
Albany High School
700 Washington Ave
Public District 9-12

Info Icon Data provided by Great Schools

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