ALBANY - SCHENECTADY - TROY Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Albany - Schenectady - Troy averaged 6.23% for the week of 2024-07-03, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-27) was 6.04% and one month ago for the week of 2024-05-30, the average rate was 6.41%.

Albany - Schenectady - Troy's average rate one year ago was 5.99%.

For refis of the same type during the week of 2024-07-03, the average rate was 6.57%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-03 6.95%
Albany - Schenectady - Troy 30 Year Fixed Rate 2024-07-03 6.23%
Albany - Schenectady - Troy 30 Year Fixed Rate Refi 2024-07-03 6.57%
Albany - Schenectady - Troy 15 Year Fixed Rate 2024-07-03 6.02%
Albany - Schenectady - Troy 15 Year Fixed Rate Refi 2024-07-03 6.89%
Albany - Schenectady - Troy 30 Year FHA 2024-07-03 6.4%
Albany - Schenectady - Troy 30 Year FHA Refi 2024-07-03 6.82%
Albany - Schenectady - Troy 30 Year USDA 2024-07-03 6.84%
Albany - Schenectady - Troy 30 Year USDA Refi 2024-07-03 6.54%
Albany - Schenectady - Troy 30 Year VA 2024-07-03 6.17%
Albany - Schenectady - Troy 30 Year VA Refi 2024-07-03 6.68%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ALBANY-SCHENECTADY-TROY, NY.

ALBANY - SCHENECTADY - TROY Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the ALBANY-SCHENECTADY-TROY, NY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
SEFCU SERVICES, LLC 2,064 5.46% $4,363
HOMESTEAD FUNDING CORP. 896 6.33% $4,772
UNITED WHOLESALE MORTGAGE, LLC 395 6.61% $8,911
TrustCo Bank 295 6.28% $3,414
QUICKEN LOANS, LLC 211 6.99% $7,329
KeyBank 149 6.49% $4,449
Premium Mortgage Corporation 141 6.61% $5,354
Saratoga National Bank and Trust Company 137 5.59% $4,048
SUNMARK FEDERAL CREDIT UNION 135 6.28% $4,779
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 99 6.81% $7,196
Community Bank 82 6.90% $1,524
JPMorgan Chase Bank 74 6.77% $5,648
Bank of America 64 6.29% $5,467
MOVEMENT MORTGAGE, LLC 62 7.02% $7,509
Citizens Bank 57 6.38% $5,151
GUARANTEED RATE, INC. 53 6.67% $7,842
M&T Bank 50 6.66% $5,328
PLAZA HOME MORTGAGE, INC. 47 6.69% $8,276
1ST PRIORITY MORTGAGE, INC. 44 6.70% $5,882
Evolve Bank & Trust 41 6.36% $7,082
NEWREZ LLC 40 6.87% $8,918
Wells Fargo Bank 35 6.63% $5,904
TD Bank 35 6.41% $4,791
CROSSCOUNTRY MORTGAGE, LLC 33 7.07% $6,927
NBT Bank 32 5.80% $5,203
Glens Falls National Bank and Trust Company 27 5.56% $4,237
HUNT MORTGAGE CORPORATION 24 6.64% $8,452
US MORTGAGE CORPORATION 24 7.07% $6,518
NAVY FEDERAL CREDIT UNION 22 6.85% $4,481
PENNYMAC LOAN SERVICES, LLC 18 6.65% $6,127
Mr. Cooper ( Nationstar Mortgage ) 18 7.00% $7,551
GUIDANCE RESIDENTIAL, LLC 16 7.48% $6,546
Chemung Canal Trust Company 16 6.52% $4,168
LOANDEPOT.COM, LLC 15 6.88% $7,100
FIRST NEW YORK 14 6.44% $4,866
HUDSON RIVER COMMUNITY 14 6.86% $2,399
Farm Credit East, ACA 14 7.41% $6,365
Berkshire Bank 13 6.76% $4,931
Bank of Richmondville 13 6.01% $1,567
EMM LOANS LLC 13 7.09% $8,653
Flagstar Bank, FSB 13 6.79% $6,870
Morgan Stanley Private Bank 13 5.92% $4,991
HUDSON VALLEY CREDIT UNION 12 6.26% $4,654
A&D Mortgage LLC 11 8.97% $12,484
Metro City Bank 10 7.23% $7,524
First Savings Bank 9 6.83% $6,774
PHH Mortgage Corporation 8 7.09% $5,466
UIF CORPORATION 8 6.63% $8,254
Citibank 8 5.81% $6,107
U.S. Bank 8 6.18% $4,174
RELIANCE FIRST CAPITAL, LLC 8 7.09% $7,332
CMG MORTGAGE, INC. 7 6.69% $6,859
TOTAL MORTGAGE SERVICES, LLC 7 7.14% $8,074
BETTER MORTGAGE CORPORATION 7 5.96% $9,745
Plains Commerce Bank 7 6.95% $7,699
PENTAGON FEDERAL CREDIT UNION 6 6.19% $8,042
ABSOLUTE HOME MORTGAGE CORPORATION 6 6.60% $8,137
Discover Bank 6 6.71% $0
ROYAL UNITED MORTGAGE LLC 6 7.31% $8,020
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 6 8.38% $10,457
Ally Bank 5 6.93% $8,051
Ulster Savings Bank 5 6.68% $5,972
CLIFFCO, INC. 5 7.98% $10,080
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 7.21% $6,662
AMERICAN FINANCING CORPORATION 4 6.65% $6,260
Bethpage Federal Credit Union 4 6.47% $5,698
CONTOUR MORTGAGE CORPORATION 4 6.97% $8,012
HOMEBRIDGE FINANCIAL SERVICES, INC. 4 7.13% $9,911
MID-HUDSON VALLEY 4 5.72% $4,180
NATIONWIDE MORTGAGE BANKERS, INC. 4 7.03% $10,870
The Federal Savings Bank 4 6.44% $10,616
UNITED NORTHERN MORTGAGE BANKERS LIMITED 4 6.81% $6,508
USAA Federal Savings Bank 4 6.97% $5,254
The Bank of Greene County 3 6.77% $2,653
Quontic Bank 3 9.33% $11,251
ARC HOME LLC 3 8.33% $13,148
ALLIED MORTGAGE GROUP, INC. 3 6.50% $9,751
East Coast Capital Corp. 3 7.08% $11,469
CARDINAL FINANCIAL 3 6.58% $5,892
NP, Inc. 3 7.08% $12,876
WALL STREET MORTGAGE BANKERS, LTD. 3 6.67% $8,111
HSBC BANK USA, NATIONAL ASSOCIATION 3 6.49% $4,732
MORTGAGE ACCESS CORP. 3 7.02% $5,166
NBKC BANK 3 6.17% $4,192
SIRVA MORTGAGE, INC. 3 6.58% $1,498
PNC Bank 3 6.58% $4,748
GREYLOCK 2 5.38% $4,353
EMBRACE HOME LOANS, INC. 2 7.25% $6,336
FIRST TECHNOLOGY 2 6.19% $7,026
DIGITAL Federal Credit Union 2 5.50% $3,850
NJ LENDERS CORP. 2 6.38% $7,191
The Lyons National Bank 2 7.00% $8,126
Valley National Bank 2 7.31% $6,294
MID-ISLAND MORTGAGE CORP. 2 6.69% $3,362
Cathay Bank 2 6.63% $4,303
AMERICAN FINANCIAL NETWORK, INC. 2 7.19% $7,559
Municipal Credit Union 2 6.06% $5,990
FM Home Loans, LLC 2 7.06% $4,521
Mortgage Research Center, LLC 2 6.87% $2,672
RBC Bank, (Georgia) 1 5.38% $3,633
RESIDENTIAL HOME FUNDING CORP. 1 7.75% $8,313
Cache Valley Bank 1 7.25% $6,788
Goldman Sachs Bank USA 1 5.13% $7,567
Bank of England 1 7.13% $12,010
Stifel Bank and Trust 1 6.88% $3,849
Armed Forces Bank 1 7.00% $4,178
TCT 1 6.00% $3,083
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.88% $6,030
TEACHERS 1 7.00% $2,681
TEG Federal Credit Union 1 7.13% $2,841
21ST MORTGAGE CORPORATION 1 7.95% $5,166
Tompkins Trust Company 1 6.50% $3,788
AMERICU Credit Union 1 5.38% $8,154
UBS Bank USA 1 6.00% $5,310
AMERICAN FEDERAL MORTGAGE CORPORATION 1 6.88% $5,631
Willamette Valley Bank 1 6.38% $4,598
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION 1 5.75% $6,430
Alerus Financial 1 6.50% $6,533
Adams Community Bank 1 5.38% $2,741
UTILITIES EMPLOYEES CREDIT UNION 1 7.25% $3,430
HOME TOWN FUNDING, INC. 1 6.00% $3,019
HARTFORD FUNDING, LTD. 1 8.00% $14,381
GUARANTEED RATE AFFINITY, LLC 1 5.75% $5,665
Barrington Bank & Trust Company, N.A. 1 7.88% $4,431
Leader Bank 1 7.37% $4,777
GHS Federal Credit Union 1 4.38% $3,911
LYNX MORTGAGE BANK LLC 1 6.63% $11,967
Genesee Regional Bank 1 7.00% $4,504
MEMBERS 1ST FEDERAL CREDIT UNION 1 5.75% $4,357
FREEDOM MORTGAGE CORPORATION 1 7.25% $8,175
First National Bank of America 1 10.50% $8,549
First Horizon Bank 1 6.25% $4,976
NASA Federal Credit Union 1 5.25% $5,916
First Central Savings Bank 1 7.75% $10,037
FIRST ALLIANCE HOME MORTGAGE, LLC 1 6.50% $7,401
Fifth Third Bank 1 5.88% $4,711
NORTHERN CREDIT UNION 1 7.00% $3,507
Northpointe Bank 1 6.50% $11,312
Northwest Bank 1 5.88% $4,882
NORWICH COMMERCIAL GROUP, INC. 1 7.13% $7,656
PARAGON HOME LOANS INC. 1 6.88% $5,117
PATRIOT ONE MORTGAGE BANKERS, LLC 1 6.63% $10,849
Farmers Bank & Trust 1 6.50% $7,039
Empower Federal Credit Union 1 5.50% $5,691
PLANET HOME LENDING, LLC 1 7.13% $7,403
PREMIA MORTGAGE, LLC 1 6.99% $325
CORNING 1 6.00% $6,511
COMMUNITY RESOURCE FEDERAL CREDIT UNION 1 7.13% $4,448
Raymond James Bank 1 4.88% $3,785

ALBANY - SCHENECTADY - TROY Average Closing Costs & Other Stats

ALBANY-SCHENECTADY-TROY, NY's 149 lenders originated 16,162 loans during 2023. The total origination value was $3,502,520,000, with an average loan value of $216,713.

ALBANY - SCHENECTADY - TROY's average closing costs are $4,919.

The top ALBANY - SCHENECTADY - TROY lender as defined by loan originations is SEFCU SERVICES, LLC, with 2,064 loans originated. Their average total fees are $4,363, which is $409 lower than the next largest lender, HOMESTEAD FUNDING CORP..

The lowest fee ALBANY - SCHENECTADY - TROY lenders (with over 10 loans originated) are Community Bank ($1,524), Bank of Richmondville ($1,567), HUDSON RIVER COMMUNITY ($2,399), TrustCo Bank ($3,414) and Saratoga National Bank and Trust Company ($4,048).

The lowest rate ALBANY - SCHENECTADY - TROY lenders (with over 10 loans originated) are SEFCU SERVICES, LLC (5.46%), Glens Falls National Bank and Trust Company (5.56%), Saratoga National Bank and Trust Company (5.59%), NBT Bank (5.80%) and Morgan Stanley Private Bank (5.92%).

ALBANY-SCHENECTADY-TROY, NY Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
SEFCU SERVICES, LLC $479,205,000 $658,375,000 37.4% 18.8%
HOMESTEAD FUNDING CORP. $489,355,000 $341,240,000 -30.3% 9.7%
STATE EMPLOYEES FEDERAL CREDIT UNION $257,100,000 $267,685,000 4.1% 7.6%
TrustCo Bank $290,605,000 $182,045,000 -37.4% 5.2%
UNITED WHOLESALE MORTGAGE, LLC $185,275,000 $167,340,000 -9.7% 4.8%
SUNMARK FEDERAL CREDIT UNION $249,775,000 $121,715,000 -51.3% 3.5%
Saratoga National Bank and Trust Company $167,490,000 $116,350,000 -30.5% 3.3%
QUICKEN LOANS, LLC $188,945,000 $104,995,000 -44.4% 3.0%
Chemung Canal Trust Company $169,670,000 $77,485,000 -54.3% 2.2%
Ballston Spa National Bank $124,235,000 $68,040,000 -45.2% 1.9%
KeyBank $142,480,000 $63,895,000 -55.2% 1.8%
Citizens Bank $111,785,000 $61,590,000 -44.9% 1.8%
Premium Mortgage Corporation $73,605,000 $58,720,000 -20.2% 1.7%
Arbor Realty Trust, Inc. $53,310,000 n/a 1.5%
FIRST NEW YORK $77,675,000 $51,875,000 -33.2% 1.5%
M&T Bank $102,065,000 $43,880,000 -57.0% 1.3%
Pioneer Bank $42,680,000 $43,805,000 2.6% 1.3%
NBT Bank $80,050,000 $42,890,000 -46.4% 1.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $39,295,000 $37,785,000 -3.8% 1.1%
Community Bank $43,820,000 $37,480,000 -14.5% 1.1%
Bank of America $97,360,000 $34,550,000 -64.5% 1.0%
The Adirondack Trust Company $120,905,000 $32,835,000 -72.8% 0.9%
Berkshire Bank $71,490,000 $32,195,000 -55.0% 0.9%
Flagstar Bank, FSB $22,710,000 $29,390,000 29.4% 0.8%
Webster Bank $1,190,000 $28,620,000 2,305.0% 0.8%
GREYSTONE SERVICING COMPANY LLC $28,585,000 n/a 0.8%
PLAZA HOME MORTGAGE, INC. $43,980,000 $28,255,000 -35.8% 0.8%
MOVEMENT MORTGAGE, LLC $33,555,000 $28,115,000 -16.2% 0.8%
NEWREZ LLC $12,270,000 $27,915,000 127.5% 0.8%
NAVY FEDERAL CREDIT UNION $34,435,000 $25,785,000 -25.1% 0.7%
First National Bank of Scotia $35,970,000 $24,500,000 -31.9% 0.7%
JPMorgan Chase Bank $41,265,000 $24,375,000 -40.9% 0.7%
The National Bank of Coxsackie $46,790,000 $23,965,000 -48.8% 0.7%
GUARANTEED RATE, INC. $26,745,000 $23,100,000 -13.6% 0.7%
Glens Falls National Bank and Trust Company $35,395,000 $20,400,000 -42.4% 0.6%
Mortgage Research Center, LLC $27,115,000 $19,205,000 -29.2% 0.5%
Evolve Bank & Trust $20,030,000 $17,800,000 -11.1% 0.5%
TD Bank $20,800,000 $16,610,000 -20.1% 0.5%
Barings Multifamily Capital $15,895,000 n/a 0.5%
1ST PRIORITY MORTGAGE, INC. $18,730,000 $14,805,000 -21.0% 0.4%
Wells Fargo Bank $45,380,000 $14,275,000 -68.5% 0.4%
Mr. Cooper ( Nationstar Mortgage ) $28,415,000 $13,125,000 -53.8% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $10,455,000 $12,310,000 17.7% 0.4%
The Bank of Greene County $25,855,000 $12,045,000 -53.4% 0.3%
HUNT MORTGAGE CORPORATION $11,755,000 $11,000,000 -6.4% 0.3%
PENNYMAC LOAN SERVICES, LLC $3,085,000 $9,945,000 222.4% 0.3%
EMM LOANS LLC $1,850,000 $9,430,000 409.7% 0.3%
LOANDEPOT.COM, LLC $24,110,000 $7,900,000 -67.2% 0.2%
HUDSON VALLEY CREDIT UNION $8,705,000 $7,675,000 -11.8% 0.2%
USAA Federal Savings Bank $10,375,000 $7,495,000 -27.8% 0.2%
US MORTGAGE CORPORATION $895,000 $7,395,000 726.3% 0.2%
A&D Mortgage LLC $6,525,000 $6,860,000 5.1% 0.2%
Morgan Stanley Private Bank $4,410,000 $6,495,000 47.3% 0.2%
Farm Credit East, ACA $6,110,000 $6,100,000 -0.2% 0.2%
GUIDANCE RESIDENTIAL, LLC $3,530,000 $5,865,000 66.1% 0.2%
U.S. Bank $5,625,000 $5,820,000 3.5% 0.2%
HUDSON RIVER COMMUNITY $13,840,000 $5,570,000 -59.8% 0.2%
AMWEST FUNDING CORP. $5,540,000 n/a 0.2%
RELIANCE FIRST CAPITAL, LLC $7,725,000 $5,480,000 -29.1% 0.2%
Bank of Richmondville $6,220,000 $5,360,000 -13.8% 0.2%
NATIONWIDE MORTGAGE BANKERS, INC. $4,010,000 $4,935,000 23.1% 0.1%
TRIAD FINANCIAL SERVICES, INC. $3,240,000 $4,875,000 50.5% 0.1%
Discover Bank $3,285,000 $4,830,000 47.0% 0.1%
School Systems FCU $4,690,000 n/a 0.1%
Citibank $4,170,000 $4,510,000 8.2% 0.1%
21ST MORTGAGE CORPORATION $4,490,000 $3,745,000 -16.6% 0.1%
ABSOLUTE HOME MORTGAGE CORPORATION $3,015,000 $3,475,000 15.3% 0.1%
UIF CORPORATION $2,570,000 $3,335,000 29.8% 0.1%
PHH Mortgage Corporation $675,000 $3,330,000 393.3% 0.1%
FREEDOM MORTGAGE CORPORATION $11,225,000 $3,315,000 -70.5% 0.1%
BETTER MORTGAGE CORPORATION $4,500,000 $3,160,000 -29.8% 0.1%
Hometown Equity Mortgage, LLC $1,905,000 $2,965,000 55.6% 0.1%
CMG MORTGAGE, INC. $900,000 $2,955,000 228.3% 0.1%
Plains Commerce Bank $440,000 $2,950,000 570.5% 0.1%
CARDINAL FINANCIAL $4,410,000 $2,835,000 -35.7% 0.1%
LENDINGHOME FUNDING CORPORATION $2,595,000 $2,800,000 7.9% 0.1%
First Savings Bank $5,115,000 $2,780,000 -45.7% 0.1%
Barrington Bank & Trust Company, N.A. $5,245,000 $2,745,000 -47.7% 0.1%
PENTAGON FEDERAL CREDIT UNION $3,400,000 $2,740,000 -19.4% 0.1%
Carrington Mortgage Services, LLC $6,395,000 $2,710,000 -57.6% 0.1%
COMMUNITY RESOURCE FEDERAL CREDIT UNION $4,475,000 $2,685,000 -40.0% 0.1%
NBKC BANK $3,760,000 $2,680,000 -28.7% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $2,565,000 $2,610,000 1.8% 0.1%
NP, Inc. $9,345,000 $2,570,000 -72.5% 0.1%
Metro City Bank $4,120,000 $2,550,000 -38.1% 0.1%
LIMA ONE CAPITAL, LLC $1,850,000 $2,475,000 33.8% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $8,275,000 $2,460,000 -70.3% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $3,620,000 $2,405,000 -33.6% 0.1%
Ulster Savings Bank $250,000 $2,385,000 854.0% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $3,575,000 $2,375,000 -33.6% 0.1%
TOTAL MORTGAGE SERVICES, LLC $1,615,000 $2,350,000 45.5% 0.1%
CONTOUR MORTGAGE CORPORATION $6,255,000 $2,260,000 -63.9% 0.1%
AMERICAN FINANCING CORPORATION $4,165,000 $2,100,000 -49.6% 0.1%
TCT $9,780,000 $2,100,000 -78.5% 0.1%
Logan Finance Corporation $2,095,000 n/a 0.1%
SIRVA MORTGAGE, INC. $1,695,000 $2,060,000 21.5% 0.1%
PNC Bank $15,750,000 $2,045,000 -87.0% 0.1%
ROYAL UNITED MORTGAGE LLC $2,995,000 $2,040,000 -31.9% 0.1%
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. $1,190,000 $1,990,000 67.2% 0.1%
ORIX REAL ESTATE CAPITAL, LLC $8,415,000 $1,985,000 -76.4% 0.1%
CLIFFCO, INC. $605,000 $1,885,000 211.6% 0.1%
The Federal Savings Bank $1,820,000 $1,865,000 2.5% 0.1%
ARC HOME LLC $1,630,000 $1,845,000 13.2% 0.1%
PLANET HOME LENDING, LLC $1,830,000 n/a 0.1%
AMERICU Credit Union $870,000 $1,775,000 104.0% 0.1%
Ally Bank $1,730,000 n/a 0.0%
Bethpage Federal Credit Union $3,090,000 $1,705,000 -44.8% 0.0%
EMBRACE HOME LOANS, INC. $2,235,000 $1,680,000 -24.8% 0.0%
MORTGAGE ACCESS CORP. $2,890,000 $1,620,000 -43.9% 0.0%
East Coast Capital Corp. $1,180,000 $1,600,000 35.6% 0.0%
Salisbury Bank and Trust Company $145,000 $1,535,000 958.6% 0.0%
FINANCE OF AMERICA REVERSE LLC $1,395,000 $1,520,000 9.0% 0.0%
AMERICAN FINANCIAL NETWORK, INC. $1,365,000 n/a 0.0%
UNITED NORTHERN MORTGAGE BANKERS LIMITED $425,000 $1,320,000 210.6% 0.0%
Quontic Bank $4,425,000 $1,295,000 -70.7% 0.0%
LENDINGONE, LLC $245,000 $1,255,000 412.2% 0.0%
GREYLOCK $1,940,000 $1,210,000 -37.6% 0.0%
MID-HUDSON VALLEY $555,000 $1,120,000 101.8% 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $1,425,000 $1,085,000 -23.9% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $1,250,000 $1,060,000 -15.2% 0.0%
Goldman Sachs Bank USA $2,780,000 $975,000 -64.9% 0.0%
Sawyer Savings Bank $125,000 $955,000 664.0% 0.0%
UBS Bank USA $2,665,000 $945,000 -64.5% 0.0%
HARTFORD FUNDING, LTD. $980,000 $935,000 -4.6% 0.0%
Valley National Bank $6,885,000 $935,000 -86.4% 0.0%
FIRST TECHNOLOGY $930,000 n/a 0.0%
FM Home Loans, LLC $1,335,000 $870,000 -34.8% 0.0%
ALLIED MORTGAGE GROUP, INC. $1,130,000 $825,000 -27.0% 0.0%
WALL STREET MORTGAGE BANKERS, LTD. $820,000 n/a 0.0%
Equity Prime Mortgage LLC $2,970,000 $810,000 -72.7% 0.0%
Centier Bank $805,000 n/a 0.0%
Municipal Credit Union $1,215,000 $805,000 -33.7% 0.0%
PREMIA MORTGAGE, LLC $780,000 $780,000 0.0% 0.0%
FIRST CREDIT CORPORATION OF NEW YORK, INC. $1,195,000 $755,000 -36.8% 0.0%
Magnolia Bank $635,000 $755,000 18.9% 0.0%
Empower Federal Credit Union $1,440,000 $745,000 -48.3% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $360,000 $745,000 106.9% 0.0%
The Lyons National Bank $255,000 $690,000 170.6% 0.0%
GREENWOOD $510,000 $670,000 31.4% 0.0%
Rondout Savings Bank $1,215,000 $670,000 -44.9% 0.0%
NJ LENDERS CORP. $3,285,000 $660,000 -79.9% 0.0%
Adams Community Bank $315,000 $630,000 100.0% 0.0%
DIGITAL Federal Credit Union $455,000 $630,000 38.5% 0.0%
LONGBRIDGE FINANCIAL, LLC $260,000 $625,000 140.4% 0.0%
Lee Bank $305,000 $610,000 100.0% 0.0%
MLB RESIDENTIAL LENDING, LLC $4,025,000 $610,000 -84.8% 0.0%
GUARANTEED RATE AFFINITY, LLC $1,690,000 $605,000 -64.2% 0.0%
Bank of England $735,000 $600,000 -18.4% 0.0%
LYNX MORTGAGE BANK LLC $105,000 $585,000 457.1% 0.0%
TEACHERS $445,000 $570,000 28.1% 0.0%
Wayne Bank $1,925,000 $560,000 -70.9% 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $545,000 n/a 0.0%
Armed Forces Bank $525,000 n/a 0.0%
RBC Bank, (Georgia) $365,000 $520,000 42.5% 0.0%
MID-ISLAND MORTGAGE CORP. $805,000 $485,000 -39.8% 0.0%
Farmers Bank & Trust $295,000 $480,000 62.7% 0.0%
First Central Savings Bank $235,000 $460,000 95.7% 0.0%
Citadel Servicing Corporation $350,000 $455,000 30.0% 0.0%
MEMBERS 1ST FEDERAL CREDIT UNION $445,000 n/a 0.0%
Raymond James Bank $435,000 n/a 0.0%
Northpointe Bank $1,500,000 $420,000 -72.0% 0.0%
AMERICAN FEDERAL MORTGAGE CORPORATION $405,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $325,000 $385,000 18.5% 0.0%
Community First National Bank $385,000 n/a 0.0%
FIRST ALLIANCE HOME MORTGAGE, LLC $205,000 $380,000 85.4% 0.0%
Stifel Bank and Trust $595,000 $365,000 -38.7% 0.0%
Tioga State Bank $365,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $1,770,000 $360,000 -79.7% 0.0%
Chambers Bank $355,000 n/a 0.0%
Fifth Third Bank $355,000 n/a 0.0%
TEG Federal Credit Union $355,000 n/a 0.0%
LAKEVIEW LOAN SERVICING, LLC $350,000 n/a 0.0%
Sentry Bank $345,000 n/a 0.0%
Nassau Educators Federal Credit Union $480,000 $320,000 -33.3% 0.0%
Tompkins Trust Company $315,000 n/a 0.0%
Northwest Bank $1,860,000 $305,000 -83.6% 0.0%
NORTHERN CREDIT UNION $455,000 $300,000 -34.1% 0.0%
CIBM Bank $295,000 n/a 0.0%
Genesee Regional Bank $295,000 n/a 0.0%
ConnectOne Bank $395,000 $285,000 -27.8% 0.0%
PATRIOT ONE MORTGAGE BANKERS, LLC $285,000 n/a 0.0%
AMERICAN HERITAGE LENDING, INC. $2,405,000 $280,000 -88.4% 0.0%
State Department Federal Credit Union $275,000 n/a 0.0%
The Pittsfield Co-operative Bank $275,000 n/a 0.0%
First IC Corporation $265,000 n/a 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $825,000 $265,000 -67.9% 0.0%
Alerus Financial $255,000 n/a 0.0%
FOUNDATION MORTGAGE CORPORATION $255,000 n/a 0.0%
NORWICH COMMERCIAL GROUP, INC. $115,000 $255,000 121.7% 0.0%
BLAIR SERVICES OF AMERICA INC. $210,000 $245,000 16.7% 0.0%
Leader Bank $470,000 $245,000 -47.9% 0.0%
North American Savings Bank, F.S.B. $2,585,000 $235,000 -90.9% 0.0%
Cathay Bank $165,000 $230,000 39.4% 0.0%
First Horizon Bank $225,000 n/a 0.0%
Willamette Valley Bank $225,000 n/a 0.0%
Cache Valley Bank $215,000 n/a 0.0%
Truist $395,000 $215,000 -45.6% 0.0%
HOME TOWN FUNDING, INC. $1,390,000 $205,000 -85.3% 0.0%
HUDSON HERITAGE $500,000 $205,000 -59.0% 0.0%
The Canandaigua National Bank and Trust Company $205,000 n/a 0.0%
ALLIANT CREDIT UNION $195,000 n/a 0.0%
BM Real Estate Services, Inc. $195,000 n/a 0.0%
CORNING $775,000 $195,000 -74.8% 0.0%
SILVER HILL FUNDING, LLC $750,000 $195,000 -74.0% 0.0%
The People's Credit Union $605,000 $195,000 -67.8% 0.0%
DOMINION FINANCIAL SERVICES, LLC $85,000 $190,000 123.5% 0.0%
Industrial and Commercial Bank of China USA $185,000 n/a 0.0%
ALLEGACY FEDERAL CREDIT UNION $175,000 n/a 0.0%
BayCoast Bank $585,000 $175,000 -70.1% 0.0%
UTILITIES EMPLOYEES CREDIT UNION $45,000 $175,000 288.9% 0.0%
GHS Federal Credit Union $165,000 n/a 0.0%
Luxury Mortgage Corp. $1,010,000 $165,000 -83.7% 0.0%
RESIDENTIAL HOME FUNDING CORP. $755,000 $165,000 -78.1% 0.0%
First National Bank of America $345,000 $155,000 -55.1% 0.0%
LAFAYETTE FEDERAL CREDIT UNION $155,000 n/a 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $265,000 $135,000 -49.1% 0.0%
Baxter Credit Union $55,000 $120,000 118.2% 0.0%
CONSTRUCTIVE LOANS, LLC $115,000 n/a 0.0%
NASA Federal Credit Union $115,000 n/a 0.0%
PARAGON HOME LOANS INC. $425,000 $115,000 -72.9% 0.0%
CENTRAL ONE FEDERAL CREDIT UNION $105,000 n/a 0.0%
JET DIRECT FUNDING CORP $95,000 n/a 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $1,390,000 $85,000 -93.9% 0.0%
STAR USA FEDERAL CREDIT UNION $90,000 $85,000 -5.6% 0.0%
USAlliance Federal Credit Union $75,000 n/a 0.0%
Clearview Federal Credit Union $65,000 n/a 0.0%
Signature Federal Credit Union $335,000 $65,000 -80.6% 0.0%
Actors Federal Credit Union $55,000 n/a 0.0%
Adirondack Bank $365,000 $55,000 -84.9% 0.0%
FIRST SOURCE $935,000 $55,000 -94.1% 0.0%
RELIANT COMMUNITY FEDERAL CREDIT UNION $55,000 n/a 0.0%
Service Federal Credit Union $270,000 $55,000 -79.6% 0.0%
GFA Federal Credit Union $45,000 $45,000 0.0% 0.0%
AFFINITY $385,000 $35,000 -90.9% 0.0%
Home Loan Investment Bank, F.S.B. $275,000 $25,000 -90.9% 0.0%
SUFFOLK $25,000 n/a 0.0%
THE SUMMIT Federal Credit Union $25,000 n/a 0.0%

ALBANY - SCHENECTADY - TROY's top lender by overall market share is SEFCU SERVICES, LLC, with 18.8% market share. In second place, with 9.7%, is HOMESTEAD FUNDING CORP., having originated $341,240,000 in loans. In third place, with 7.6%, is STATE EMPLOYEES FEDERAL CREDIT UNION, having originated $267,685,000 in loans. In fourth place, with 5.2%, is TrustCo Bank, having originated $182,045,000 in loans. In fifth place, with 4.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $167,340,000 in loans.


ALBANY - SCHENECTADY - TROY Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - ALBANY - SCHENECTADY - TROY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $277,450 (14.5%) $331,473 (8.3%) 1.03 3,263
2018-02-01 $284,900 (14.0%) $334,664 (7.8%) 1.03 3,167
2018-03-01 $289,900 (11.7%) $336,706 (6.6%) 1.02 3,125
2018-04-01 $297,900 (12.4%) $339,749 (6.0%) 1.01 3,180
2018-05-01 $296,000 (9.8%) $336,670 (4.5%) 0.99 3,482
2018-06-01 $294,900 (9.3%) $339,172 (5.0%) 0.98 3,868
2018-07-01 $292,200 (8.3%) $339,654 (5.6%) 0.98 4,060
2018-08-01 $288,200 (7.5%) $336,184 (5.5%) 0.97 4,111
2018-09-01 $289,700 (7.7%) $336,643 (5.0%) 0.97 4,209
2018-10-01 $289,900 (8.5%) $337,263 (5.3%) 0.98 4,242
2018-11-01 $292,450 (10.2%) $340,275 (6.4%) 0.99 4,169
2018-12-01 $292,900 (8.5%) $338,333 (3.7%) 1.01 3,823
2019-01-01 $299,663 (8.0%) $343,738 (3.7%) 1.04 3,460
2019-02-01 $306,400 (7.6%) $352,177 (5.2%) 1.04 3,360
2019-03-01 $309,428 (6.7%) $355,005 (5.4%) 1.01 3,355
2019-04-01 $309,878 (4.0%) $356,311 (4.9%) 0.98 3,411
2019-05-01 $299,900 (1.3%) $351,297 (4.3%) 0.94 3,534
2019-06-01 $299,500 (1.6%) $350,339 (3.3%) 0.94 3,692
2019-07-01 $299,450 (2.5%) $346,634 (2.1%) 0.94 3,720
2019-08-01 $294,198 (2.1%) $341,374 (1.5%) 0.93 3,838
2019-09-01 $291,780 (0.7%) $340,545 (1.2%) 0.93 3,896
2019-10-01 $289,900 (0.0%) $340,576 (1.0%) 0.94 3,913
2019-11-01 $289,900 (-0.9%) $338,208 (-0.6%) 0.95 3,510
2019-12-01 $294,300 (0.5%) $340,101 (0.5%) 0.98 3,157
2020-01-01 $295,825 (-1.3%) $339,778 (-1.2%) 0.99 2,854
2020-02-01 $304,900 (-0.5%) $344,026 (-2.3%) 1.00 2,704
2020-03-01 $312,500 (1.0%) $347,697 (-2.1%) 0.98 2,667
2020-04-01 $317,000 (2.3%) $353,712 (-0.7%) 0.99 2,493
2020-05-01 $320,900 (7.0%) $359,151 (2.2%) 0.98 2,452
2020-06-01 $338,950 (13.2%) $372,687 (6.4%) 1.00 2,425
2020-07-01 $342,400 (14.3%) $378,251 (9.1%) 0.99 2,315
2020-08-01 $339,900 (15.5%) $391,242 (14.6%) 0.97 2,242
2020-09-01 $335,000 (14.8%) $393,393 (15.5%) 0.96 2,246
2020-10-01 $335,650 (15.8%) $395,944 (16.3%) 0.96 2,224
2020-11-01 $337,350 (16.4%) $398,023 (17.7%) 0.99 2,135
2020-12-01 $339,000 (15.2%) $399,852 (17.6%) 1.01 1,932
2021-01-01 $344,950 (16.6%) $412,470 (21.4%) 1.03 1,666
2021-02-01 $367,900 (20.7%) $435,353 (26.6%) 1.07 1,398
2021-03-01 $369,450 (18.2%) $459,090 (32.0%) 1.05 1,319
2021-04-01 $370,075 (16.7%) $460,284 (30.1%) 1.00 1,309
2021-05-01 $364,975 (13.7%) $457,022 (27.3%) 0.97 1,343
2021-06-01 $349,900 (3.2%) $450,633 (20.9%) 0.92 1,494
2021-07-01 $349,900 (2.2%) $448,094 (18.5%) 0.92 1,633
2021-08-01 $344,750 (1.4%) $443,189 (13.3%) 0.92 1,728
2021-09-01 $334,950 (0.0%) $438,727 (11.5%) 0.89 1,693
2021-10-01 $325,000 (-3.2%) $433,139 (9.4%) 0.87 1,619
2021-11-01 $324,900 (-3.7%) $430,151 (8.1%) 0.87 1,507
2021-12-01 $344,300 (1.6%) $443,245 (10.9%) 0.93 1,358
2022-01-01 $349,900 (1.4%) $453,949 (10.1%) 0.95 1,132
2022-02-01 $367,725 (-0.1%) $483,053 (11.0%) 0.96 929
2022-03-01 $369,700 (0.1%) $489,862 (6.7%) 0.93 888
2022-04-01 $369,900 (-0.1%) $483,355 (5.0%) 0.88 924
2022-05-01 $369,900 (1.4%) $466,378 (2.1%) 0.85 1,103
2022-06-01 $369,900 (5.7%) $468,908 (4.1%) 0.82 1,281
2022-07-01 $350,000 (0.0%) $431,849 (-3.6%) 0.79 1,468
2022-08-01 $351,950 (2.1%) $430,859 (-2.8%) 0.81 1,476
2022-09-01 $344,000 (2.7%) $440,413 (0.4%) 0.80 1,429
2022-10-01 $347,500 (6.9%) $435,175 (0.5%) 0.82 1,442
2022-11-01 $339,950 (4.6%) $418,702 (-2.7%) 0.82 1,393
2022-12-01 $344,900 (0.2%) $429,195 (-3.2%) 0.85 1,267
2023-01-01 $363,311 (3.8%) $435,254 (-4.1%) 0.90 1,118
2023-02-01 $384,900 (4.7%) $457,060 (-5.4%) 0.93 1,030
2023-03-01 $399,900 (8.2%) $463,576 (-5.4%) 0.94 926
2023-04-01 $408,000 (10.3%) $473,794 (-2.0%) 0.95 886
2023-05-01 $407,475 (10.2%) $493,919 (5.9%) 0.92 965
2023-06-01 $416,950 (12.7%) $506,074 (7.9%) 0.94 1,062
2023-07-01 $419,000 (19.7%) $514,802 (19.2%) 0.95 1,140
2023-08-01 $419,900 (19.3%) $513,154 (19.1%) 0.96 1,220
2023-09-01 $417,140 (21.3%) $509,342 (15.7%) 0.97 1,262
2023-10-01 $399,394 (14.9%) $506,474 (16.4%) 0.94 1,310
2023-11-01 $392,450 (15.4%) $494,369 (18.1%) 0.93 1,337
2023-12-01 $399,000 (15.7%) $495,424 (15.4%) 0.97 1,209
2024-01-01 $423,775 (16.6%) $516,146 (18.6%) 1.03 1,058
2024-02-01 $433,960 (12.8%) $524,089 (14.7%) 1.04 985
2024-03-01 $435,900 (9.0%) $560,585 (20.9%) 1.03 897
2024-04-01 $449,899 (10.3%) $575,787 (21.5%) 1.05 880
2024-05-01 $449,900 (10.4%) $578,526 (17.1%) 1.02 1,017
2024-06-01 $449,900 (7.9%) $580,624 (14.7%) 1.01 1,181
ALBANY - SCHENECTADY - TROY's median listing price for 2024-06-01 was $449,900, a difference of $32,950 (7.9%) versus the prior year and $0 versus the prior month.

ALBANY - SCHENECTADY - TROY's median listing price comes in at 101% of the national average.

ALBANY - SCHENECTADY - TROY's average listing price for 2024-06-01 was $580,624, a difference of $74,550 (14.7%) versus the prior year and $2,098 versus the prior month.

For the 2024-06-01 period, ALBANY - SCHENECTADY - TROY had 1,181 MLS listings, a difference of 164 listings (16%) versus the prior month and 119 listings (11%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - ALBANY - SCHENECTADY - TROY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 101 days 1,832 sqft
2018-02-01 101 days 1,850 sqft
2018-03-01 89 days 1,852 sqft
2018-04-01 73 days 1,869 sqft
2018-05-01 62 days 1,874 sqft
2018-06-01 57 days 1,872 sqft
2018-07-01 62 days 1,885 sqft
2018-08-01 68 days 1,874 sqft
2018-09-01 75 days 1,875 sqft
2018-10-01 75 days 1,876 sqft
2018-11-01 77 days 1,890 sqft
2018-12-01 85 days 1,874 sqft
2019-01-01 93 days 1,882 sqft
2019-02-01 95 days 1,901 sqft
2019-03-01 85 days 1,907 sqft
2019-04-01 71 days 1,901 sqft
2019-05-01 59 days 1,908 sqft
2019-06-01 62 days 1,908 sqft
2019-07-01 68 days 1,905 sqft
2019-08-01 69 days 1,893 sqft
2019-09-01 71 days 1,883 sqft
2019-10-01 73 days 1,874 sqft
2019-11-01 80 days 1,867 sqft
2019-12-01 97 days 1,851 sqft
2020-01-01 106 days 1,852 sqft
2020-02-01 92 days 1,877 sqft
2020-03-01 72 days 1,896 sqft
2020-04-01 78 days 1,886 sqft
2020-05-01 86 days 1,900 sqft
2020-06-01 84 days 1,930 sqft
2020-07-01 64 days 1,987 sqft
2020-08-01 58 days 1,941 sqft
2020-09-01 53 days 1,914 sqft
2020-10-01 55 days 1,900 sqft
2020-11-01 66 days 1,886 sqft
2020-12-01 76 days 1,876 sqft
2021-01-01 88 days 1,857 sqft
2021-02-01 92 days 1,885 sqft
2021-03-01 71 days 1,885 sqft
2021-04-01 60 days 1,886 sqft
2021-05-01 50 days 1,876 sqft
2021-06-01 44 days 1,878 sqft
2021-07-01 49 days 1,872 sqft
2021-08-01 52 days 1,864 sqft
2021-09-01 55 days 1,831 sqft
2021-10-01 59 days 1,800 sqft
2021-11-01 60 days 1,780 sqft
2021-12-01 66 days 1,826 sqft
2022-01-01 78 days 2,034 sqft
2022-02-01 82 days 1,925 sqft
2022-03-01 56 days 1,860 sqft
2022-04-01 49 days 1,824 sqft
2022-05-01 36 days 1,817 sqft
2022-06-01 38 days 1,823 sqft
2022-07-01 40 days 1,800 sqft
2022-08-01 52 days 1,818 sqft
2022-09-01 58 days 1,810 sqft
2022-10-01 58 days 1,800 sqft
2022-11-01 60 days 1,773 sqft
2022-12-01 68 days 1,762 sqft
2023-01-01 78 days 1,762 sqft
2023-02-01 73 days 1,791 sqft
2023-03-01 68 days 1,816 sqft
2023-04-01 62 days 1,814 sqft
2023-05-01 45 days 1,846 sqft
2023-06-01 44 days 1,833 sqft
2023-07-01 49 days 1,829 sqft
2023-08-01 50 days 1,829 sqft
2023-09-01 52 days 1,819 sqft
2023-10-01 54 days 1,800 sqft
2023-11-01 58 days 1,803 sqft
2023-12-01 64 days 1,800 sqft
2024-01-01 73 days 1,800 sqft
2024-02-01 73 days 1,838 sqft
2024-03-01 62 days 1,821 sqft
2024-04-01 55 days 1,844 sqft
2024-05-01 32 days 1,862 sqft
2024-06-01 36 days 1,870 sqft
ALBANY - SCHENECTADY - TROY's median listing age (time on market) for 2024-06-01 was 36 days. This is -17% shorter than the same period one year ago.

ALBANY - SCHENECTADY - TROY's median square footage for active listings during the 2024-06-01 period was 1,870 sqft. One year prior, the average listing was 1,833 sqft.

ALBANY-SCHENECTADY-TROY, NY Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
12007 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12008 Albany-Schenectady-Troy, NY MSA $1,010 $1,130 $1,370 $1,660 $1,840
12009 Albany-Schenectady-Troy, NY MSA $1,040 $1,160 $1,410 $1,720 $1,890
12010 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12018 Albany-Schenectady-Troy, NY MSA $1,050 $1,170 $1,420 $1,730 $1,910
12019 Albany-Schenectady-Troy, NY MSA $1,020 $1,130 $1,380 $1,680 $1,850
12020 Albany-Schenectady-Troy, NY MSA $1,140 $1,270 $1,550 $1,890 $2,080
12022 Albany-Schenectady-Troy, NY MSA $850 $950 $1,180 $1,440 $1,630
12023 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12024 Albany-Schenectady-Troy, NY MSA $930 $1,040 $1,260 $1,530 $1,690
12025 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12027 Albany-Schenectady-Troy, NY MSA $1,220 $1,360 $1,660 $2,020 $2,230
12028 Albany-Schenectady-Troy, NY MSA $920 $1,040 $1,280 $1,600 $1,710
12031 Albany-Schenectady-Troy, NY MSA $810 $910 $1,100 $1,350 $1,480
12033 Albany-Schenectady-Troy, NY MSA $1,000 $1,110 $1,350 $1,640 $1,810
12035 Albany-Schenectady-Troy, NY MSA $890 $1,000 $1,210 $1,480 $1,630
12036 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12040 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12041 Albany-Schenectady-Troy, NY MSA $930 $1,030 $1,260 $1,530 $1,690
12043 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12045 Albany-Schenectady-Troy, NY MSA $910 $1,010 $1,230 $1,500 $1,650
12046 Albany-Schenectady-Troy, NY MSA $860 $960 $1,170 $1,420 $1,560
12047 Albany-Schenectady-Troy, NY MSA $920 $1,030 $1,250 $1,520 $1,680
12052 Albany-Schenectady-Troy, NY MSA $940 $1,050 $1,280 $1,560 $1,720
12053 Albany-Schenectady-Troy, NY MSA $1,040 $1,160 $1,410 $1,740 $1,910
12054 Albany-Schenectady-Troy, NY MSA $1,110 $1,230 $1,500 $1,830 $2,020
12055 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12056 Albany-Schenectady-Troy, NY MSA $940 $1,040 $1,270 $1,550 $1,710
12057 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12059 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12061 Albany-Schenectady-Troy, NY MSA $1,200 $1,340 $1,630 $1,980 $2,190
12062 Albany-Schenectady-Troy, NY MSA $940 $1,040 $1,270 $1,550 $1,710
12063 Albany-Schenectady-Troy, NY MSA $1,020 $1,140 $1,390 $1,680 $1,860
12064 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12065 Albany-Schenectady-Troy, NY MSA $1,110 $1,240 $1,510 $1,840 $2,030
12066 Albany-Schenectady-Troy, NY MSA $1,000 $1,120 $1,360 $1,660 $1,830
12067 Albany-Schenectady-Troy, NY MSA $930 $1,040 $1,260 $1,550 $1,710
12071 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12073 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12074 Albany-Schenectady-Troy, NY MSA $1,050 $1,170 $1,420 $1,730 $1,910
12076 Albany-Schenectady-Troy, NY MSA $870 $970 $1,180 $1,440 $1,590
12077 Albany-Schenectady-Troy, NY MSA $1,200 $1,340 $1,630 $1,980 $2,190
12082 Albany-Schenectady-Troy, NY MSA $930 $1,040 $1,260 $1,530 $1,690
12083 Albany-Schenectady-Troy, NY MSA $920 $1,030 $1,250 $1,520 $1,680
12084 Albany-Schenectady-Troy, NY MSA $1,180 $1,320 $1,600 $1,950 $2,150
12085 Albany-Schenectady-Troy, NY MSA $910 $1,020 $1,240 $1,510 $1,670
12086 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12087 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12089 Albany-Schenectady-Troy, NY MSA $870 $970 $1,180 $1,440 $1,590
12090 Albany-Schenectady-Troy, NY MSA $870 $970 $1,180 $1,440 $1,590
12092 Albany-Schenectady-Troy, NY MSA $850 $950 $1,150 $1,400 $1,540
12093 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12094 Albany-Schenectady-Troy, NY MSA $870 $980 $1,200 $1,480 $1,610
12107 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12110 Albany-Schenectady-Troy, NY MSA $1,150 $1,280 $1,560 $1,900 $2,100
12118 Albany-Schenectady-Troy, NY MSA $860 $950 $1,160 $1,410 $1,560
12120 Albany-Schenectady-Troy, NY MSA $860 $950 $1,160 $1,410 $1,560
12121 Albany-Schenectady-Troy, NY MSA $860 $960 $1,170 $1,430 $1,580
12122 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12123 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12128 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12131 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12133 Albany-Schenectady-Troy, NY MSA $930 $1,040 $1,260 $1,530 $1,690
12134 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12137 Albany-Schenectady-Troy, NY MSA $810 $900 $1,100 $1,350 $1,480
12138 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12140 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12141 Albany-Schenectady-Troy, NY MSA $910 $1,010 $1,230 $1,500 $1,650
12143 Albany-Schenectady-Troy, NY MSA $850 $950 $1,150 $1,400 $1,540
12144 Albany-Schenectady-Troy, NY MSA $970 $1,090 $1,320 $1,610 $1,770
12147 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12148 Albany-Schenectady-Troy, NY MSA $1,090 $1,210 $1,470 $1,790 $1,980
12149 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12150 Albany-Schenectady-Troy, NY MSA $920 $1,020 $1,240 $1,510 $1,660
12151 Albany-Schenectady-Troy, NY MSA $1,180 $1,320 $1,600 $1,950 $2,150
12153 Albany-Schenectady-Troy, NY MSA $920 $1,020 $1,240 $1,510 $1,670
12154 Albany-Schenectady-Troy, NY MSA $870 $970 $1,190 $1,460 $1,590
12156 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12157 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12158 Albany-Schenectady-Troy, NY MSA $1,250 $1,390 $1,690 $2,060 $2,270
12159 Albany-Schenectady-Troy, NY MSA $1,050 $1,180 $1,430 $1,740 $1,920
12160 Albany-Schenectady-Troy, NY MSA $910 $1,020 $1,240 $1,510 $1,670
12161 Albany-Schenectady-Troy, NY MSA $1,250 $1,390 $1,690 $2,060 $2,270
12166 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12167 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12168 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12169 Albany-Schenectady-Troy, NY MSA $850 $950 $1,150 $1,410 $1,550
12170 Albany-Schenectady-Troy, NY MSA $1,140 $1,270 $1,550 $1,890 $2,080
12175 Albany-Schenectady-Troy, NY MSA $1,030 $1,150 $1,400 $1,700 $1,880
12180 Albany-Schenectady-Troy, NY MSA $940 $1,040 $1,270 $1,550 $1,710
12181 Albany-Schenectady-Troy, NY MSA $930 $1,040 $1,260 $1,530 $1,690
12182 Albany-Schenectady-Troy, NY MSA $810 $900 $1,100 $1,350 $1,480
12183 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12184 Albany-Schenectady-Troy, NY MSA $930 $1,040 $1,260 $1,530 $1,690
12185 Albany-Schenectady-Troy, NY MSA $860 $960 $1,180 $1,440 $1,580
12186 Albany-Schenectady-Troy, NY MSA $970 $1,080 $1,310 $1,590 $1,760
12187 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12188 Albany-Schenectady-Troy, NY MSA $920 $1,030 $1,250 $1,520 $1,680
12189 Albany-Schenectady-Troy, NY MSA $870 $970 $1,180 $1,440 $1,590
12193 Albany-Schenectady-Troy, NY MSA $1,020 $1,140 $1,390 $1,690 $1,870
12194 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12196 Albany-Schenectady-Troy, NY MSA $830 $930 $1,130 $1,380 $1,520
12198 Albany-Schenectady-Troy, NY MSA $830 $920 $1,120 $1,360 $1,500
12201 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12202 Albany-Schenectady-Troy, NY MSA $830 $920 $1,120 $1,360 $1,500
12203 Albany-Schenectady-Troy, NY MSA $1,100 $1,220 $1,490 $1,810 $2,000
12204 Albany-Schenectady-Troy, NY MSA $1,000 $1,120 $1,360 $1,660 $1,830
12205 Albany-Schenectady-Troy, NY MSA $1,060 $1,180 $1,440 $1,750 $1,930
12206 Albany-Schenectady-Troy, NY MSA $940 $1,040 $1,270 $1,550 $1,710
12207 Albany-Schenectady-Troy, NY MSA $870 $970 $1,180 $1,440 $1,590
12208 Albany-Schenectady-Troy, NY MSA $990 $1,100 $1,340 $1,630 $1,800
12209 Albany-Schenectady-Troy, NY MSA $990 $1,100 $1,340 $1,630 $1,800
12210 Albany-Schenectady-Troy, NY MSA $900 $1,000 $1,220 $1,480 $1,640
12211 Albany-Schenectady-Troy, NY MSA $1,390 $1,550 $1,890 $2,300 $2,540
12212 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12220 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12222 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12223 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12226 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12227 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12236 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12237 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12247 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12260 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12288 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12301 Albany-Schenectady-Troy, NY MSA $910 $1,010 $1,230 $1,500 $1,650
12302 Albany-Schenectady-Troy, NY MSA $1,000 $1,110 $1,350 $1,640 $1,810
12303 Albany-Schenectady-Troy, NY MSA $880 $990 $1,200 $1,460 $1,610
12304 Albany-Schenectady-Troy, NY MSA $880 $990 $1,200 $1,460 $1,610
12305 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12306 Albany-Schenectady-Troy, NY MSA $910 $1,010 $1,230 $1,500 $1,650
12307 Albany-Schenectady-Troy, NY MSA $840 $940 $1,140 $1,390 $1,530
12308 Albany-Schenectady-Troy, NY MSA $890 $990 $1,210 $1,470 $1,630
12309 Albany-Schenectady-Troy, NY MSA $1,070 $1,190 $1,450 $1,760 $1,950
12345 Albany-Schenectady-Troy, NY MSA $910 $1,010 $1,230 $1,500 $1,650
12460 Albany-Schenectady-Troy, NY MSA $980 $1,090 $1,330 $1,620 $1,790
12469 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12803 Albany-Schenectady-Troy, NY MSA $880 $990 $1,200 $1,460 $1,610
12822 Albany-Schenectady-Troy, NY MSA $830 $930 $1,130 $1,380 $1,520
12828 Albany-Schenectady-Troy, NY MSA $810 $910 $1,130 $1,420 $1,520
12831 Albany-Schenectady-Troy, NY MSA $1,030 $1,150 $1,400 $1,700 $1,880
12833 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12835 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
12850 Albany-Schenectady-Troy, NY MSA $1,070 $1,190 $1,450 $1,760 $1,950
12859 Albany-Schenectady-Troy, NY MSA $1,220 $1,360 $1,650 $2,010 $2,220
12863 Albany-Schenectady-Troy, NY MSA $950 $1,060 $1,290 $1,570 $1,730
12866 Albany-Schenectady-Troy, NY MSA $1,280 $1,420 $1,730 $2,110 $2,320
12871 Albany-Schenectady-Troy, NY MSA $880 $980 $1,190 $1,450 $1,600
12884 Albany-Schenectady-Troy, NY MSA $1,010 $1,130 $1,370 $1,670 $1,840
13320 Albany-Schenectady-Troy, NY MSA $810 $900 $1,090 $1,350 $1,480
13459 Albany-Schenectady-Troy, NY MSA $860 $950 $1,160 $1,410 $1,560

2022 Average & Median Rent Data Statistics
ALBANY-SCHENECTADY-TROY, NY average 1BR rent: $1,041, median: $1,020
ALBANY-SCHENECTADY-TROY, NY average 2BR rent: $1,267, median: $1,240
ALBANY-SCHENECTADY-TROY, NY average 3BR rent: $1,549, median: $1,510

ALBANY-SCHENECTADY-TROY, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 8,250 $2,511,610,000 $304,438
Home Improvement 3,415 $299,705,000 $87,761
Other 1,579 $137,265,000 $86,932
Cash Out Refi 1,569 $320,235,000 $204,101
Refi 1,320 $230,750,000 $174,811
NA 29 $2,955,000 $101,897

Albany - Schenectady - Troy's most frequently cited loan purpose was Home Purchase, with 8,250 originations. The 2nd most popular reason was Home Improvement, with 3,415 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 5,417 $1,199,315,000 $221,398
5-6% 3,064 $815,320,000 $266,097
7-8% 2,955 $574,735,000 $194,496
Over 8% 1,535 $176,195,000 $114,785
4-5% 1,378 $333,960,000 $242,351
3-4% 521 $99,195,000 $190,393
<2.5% 193 $22,835,000 $118,316
2.5-3% 71 $17,315,000 $243,873

During 2023, Albany - Schenectady - Troy's most frequently originated rate bucket was 6-7%, with 5,417 originations.

Loan Sizing (ALBANY-SCHENECTADY-TROY, NY MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 5,337 $1,474,495,000 $276,278
$100,000 or less 4,922 $264,540,000 $53,746
$100k-200k 4,386 $645,950,000 $147,275
$400k-600k 1,123 $530,975,000 $472,818
$600k-1000k 305 $216,325,000 $709,262
$Over $1MM 89 $370,235,000 $4,159,944

ALBANY - SCHENECTADY - TROY's loan sizing saw the bucket of loans from $200k-400k with 5,337 originations, totaling $1,474,495,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 5,428 $1,565,430,000 $288,399
Under 20% 2,942 $142,360,000 $48,389
60-80% 2,752 $965,810,000 $350,948
20-40% 2,500 $261,390,000 $104,556
40-60% 1,377 $287,035,000 $208,450
Over 100% 110 $36,950,000 $335,909

ALBANY - SCHENECTADY - TROY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 5,428 originations, totaling $1,565,430,000 in origination value.