Albany, CA Housing Market
Median List Price
$485,000
Updated August 2026
Today, Albany has 15 homes for sale at a median list price of $485,000, typically selling in about 30 days.
Albany Market Analysis
Albany, CA currently shows a median list price of $485,000. There are 15 homes currently listed for sale in Albany, CA. 6 new listings came on the market in the last 30 days.
One bedroom homes are the most affordable tier at a median of $385,000, while two bedroom homes top the range at $489,000. The housing stock skews toward condos, at about 80.0% of active listings, with single family homes accounting for another 20.0%. Over the last six months, the median price has eased about 27.6%, from $1.6M in February to $1.1M in July. Per square foot, the median stands at $519.
Median time from listing to accepted offer is about 15 days. Homes move quickly at that pace, which favors sellers and rewards buyers who come prepared. The area falls within the 94706 ZIP code.
Albany Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.9 months of supply, and sale prices are up 22% over the last six months and 22% over the past year. At the same time, 27% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers can price with confidence, while buyers should arrive pre-approved and ready to decide quickly.
Median Home Price
$485K
↑ 22% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
1.9 months of supply
Tight Supply15 active listings against the current sales pace works out to about 1.9 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~30 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 23% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Albany
Homeownership is near the state average, with a balanced mix of owners and renters.
54%
Homeowners
46%
Renters
Homeownership is 1.5 points lower than the California average (55.5%)
7,673 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $286K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$383K)
Price Reductions
4 listings have reduced their price
27% of active listings
Average reduction: 8.0% (~$39K)
Browse Albany Listings
Frequently Asked Questions about the Albany, CA Housing Market
What is the median home price in Albany, CA?
The median list price in Albany is $485,000 as of August 2026, based on 15 active listings.
Is Albany a buyer's market or a seller's market?
Albany currently reads as a strong seller's market. Active inventory works out to about 1.9 months of supply at the recent sales pace.
How fast do homes sell in Albany?
Homes that closed in the last 90 days typically went under contract in about 15 days. The average home currently for sale has been on the market for 30 days.
Are home prices in Albany going up or down?
The median sale price in Albany is up about 22.2% compared with a year ago.
How many homes are for sale in Albany, CA?
There are 15 homes for sale in Albany right now, including 2 listed within the last week.