GCAR Data Shows 6.6% Increase in Median Sale Price Across the Capital Region From 2024 to 2025
The Greater Capital Association of Realtors (GCAR) comprises licensed real estate professionals and affiliated experts, serving as a crucial regional hub for comprehensive real estate services to clients and fellow realtors. Among its functions is providing essential housing data, including metrics such as:
- New listings
- Closed sales
- Median sales price
- Percent of original list price received
- Days on market until sale
- Inventory of homes for sale
- Months of supply of inventory
Utilizing the comprehensive data provided by GCAR, the Capital District Regional Planning Commission (CDRPC) has created an interactive display showcasing key metrics such as new listings, median sales prices, and closed sales. Through this dynamic visualization, CDRPC empowers stakeholders to gain deeper insights into the ever-evolving trends shaping the regional housing market.
For more housing statistics visit the GCAR website here.
2024-2025 Average Change by County
In 2025, the counties in the Capital Region witnessed notable changes in key real estate metrics compared to 2024. The information below shows the change between the 2024 and 2025 county averages:
Albany County:
- Median home values increased by 2.4%, from $334,117 to $342,069.
- New listings increased by 0.9%, from 221 to 223.
- Closed sales increased by 2.8%, from 182 to 187.
Schenectady County:
- Median home values increased by 8.5%, from $272,282 to $295,513.
- New listings increased by 11.2%, from 134 to 149.
- Closed sales saw a significant surge of 12.8%, from 109 to 123.
Saratoga County:
- Median home values increased by 7.5%, from $436,989 to $469,731.
- New listings marginally rose by 5.5%, from 252 to 266.
- Closed sales increased by 5.7% from 192 to 203.
Rensselaer County:
- Median home values rose by 8.0%, from $283,646 to $306,385.
- New listings increased by 2.4%, from 127 to 130.
- Closed sales grew by 1.0%, from 99 to 100.
Across the Capital Region, the housing market in 2025 showed continued price growth and steady buyer activity compared to 2024. Median home values increased in all four counties, with Albany County experiencing the most modest growth, while Schenectady and Rensselaer counties recorded the largest increases in median sale prices. Saratoga County continued to have the highest median home values in the region, reflecting its consistently higher-priced housing market. In terms of market activity, Schenectady County saw the largest increase in both new listings and closed sales, indicating particularly strong growth in housing supply and transactions. Overall, the data highlights a resilient regional housing market, characterized by gradual price appreciation and stable sales activity across the Capital District.
