During Jan 2023, the average price for an apartment in/near Melrose, Albany, NY decreased by 0.2% to $516,995.
Knowing the current property prices is key if you plan to buy a studio in Melrose, Albany, NY. The average price for a studio has decreased since the last month, currently being $712,580. After collecting all data points, we now see that the average price for 1-bed apartment stands at $176,000 with no changes this month. Asking price for 2-bed apartment also increased by 0.8% and a place of this size will now cost you $226,470. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $399,999. We discerned the rise of 4- and more bed apartment price. It increased by 1.5% and made it up to $412,639.
While assessing the property pricing Melrose, Albany, NY, you can note that it remains flat with a price tag of $2,754,500. Price reports demonstrate that house price increased by 10.2% this month making it up to $652,766. Condos faced an upward trend these days. The median price for a condo decreased by 1.3%, it’s now available for $262,833. You can now purchase a duplex for just $266,684, duplex price decreased by 0.3% this month. The property value of townhouses decreased by 0.6%, you’ll have to spend around $750,875 to get one. The price for other types of properties for sale has changed since Dec, decreased by 0.3%. Now, the price is $272,434 on average.