Investor-grade market analytics for Albany-Schenectady-Troy, New York. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.
$377,793
+5.4% year-over-year
5.4%
gross annual
+5.3%
base case (Zillow ZHVF)
+5.3% year-over-year
32/100
LowNet migration: Top 9% nationally
In-migrants avg $70,301 AGI vs out-migrants $76,491
Opportunity Zone Market
18 ZIP codes in Albany-Schenectady-Troy are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Albany-Schenectady-Troy, NY is experiencing strong growth with 5.4% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 4.39x, below the national average of 4.8x. Modest net positive migration (+691 returns/year) provides steady demand support. Climate risk remains low (32/100), favorable for long-term investment stability. Rental yield of 5.36% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Albany-Schenectady-Troy, NY's primary climate exposure is flooding (45/100). The composite climate risk score of 32/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.