New-build home prices in 12047
Recorded home sales in ZIP 12047 (Albany County) run a median of $178 per square foot, the ground pricing a new-build has to work against. The middle half of sales sit between $119 and $225/sq ft.
What new homes sell for in 12047
At the local median of $178/sq ft, a new home would price roughly:
| 1,500 sq ft | $267,000 |
| 2,000 sq ft | $356,000 |
| 2,500 sq ft | $445,000 |
| 3,000 sq ft | $534,000 |
A gross sale price. The land bid it supports comes after build cost, contingency, fees, finance and profit — the residual the Threshold tool solves.
By home type
| Home type | Sales | Median $/sq ft | Median size | Median price |
|---|---|---|---|---|
| Single-family | 930 | $196 | 1,652 sf | $300,000 |
| Multi-family | 227 | $82 | 2,208 sf | $195,000 |
Recent sales in 12047
| Type | Sq ft | Sale price | $/sq ft | Yr built | Sold |
|---|---|---|---|---|---|
| Single-family | 2,880 | $650,000 | $226 | 1989 | 5/2026 |
| Single-family | 1,844 | $397,000 | $215 | 1953 | 1/2026 |
| Single-family | 1,925 | $380,000 | $197 | 1983 | 3/2026 |
| Single-family | 1,776 | $375,000 | $211 | 1965 | 5/2026 |
| Multi-family | 1,842 | $375,000 | $204 | 1952 | 2/2026 |
| Single-family | 1,260 | $370,000 | $294 | 1973 | 6/2026 |
| Single-family | 1,280 | $350,000 | $273 | 1979 | 6/2026 |
| Multi-family | 1,720 | $324,000 | $188 | 1853 | 4/2026 |
| Multi-family | 2,624 | $280,000 | $107 | 1920 | 2/2026 |
| Single-family | 1,314 | $275,000 | $209 | 1984 | 1/2026 |
| Multi-family | 1,744 | $195,000 | $112 | 1900 | 5/2026 |
| Multi-family | 2,302 | $170,000 | $74 | 1900 | 6/2026 |
| Single-family | 1,336 | $115,000 | $86 | 1870 | 6/2026 |
| Single-family | 2,785 | $845,285 | $304 | 2024 | 6/2025 |
| Single-family | 2,533 | $845,107 | $334 | 2024 | 8/2025 |
Appraising a site in 12047?
Drop a pin and Threshold US Land turns these comparables into an achievable new-build price and the maximum land bid that still hits your margin — in under 60 seconds.
Reserve founding access →Questions about 12047 home prices
- What is the price per square foot in 12047?
- Recent recorded home sales in ZIP 12047 (Albany County, NY) run a median of $178 per square foot, with the middle half between $119 and $225, from 1,157 qualified sales in 2021-2026.
- What does a home sell for in 12047?
- The typical recorded sale in 12047 is a 1,758 sq ft home at $275,000. A new 1,758 sq ft home at the local $178/sq ft would price around $312,924.
- Where does this 12047 data come from?
- New York State ORPTS recorded sales joined to the state parcel-centroid layer for living area, plus the New York City annualized sales dataset for the five boroughs. Qualified residential sales from 2021. Estimates for site screening, not an appraisal.
All of Albany County →
Nearby ZIPs: 12188 · 12183 · 12189 · 12110 · 12182 · 12211 · 12065 · 12204
New York land hub
Method: arms-length residential sales with assessor living area (2021+) from New York State ORPTS recorded sales joined to the state parcel-centroid layer for living area, plus the New York City annualized sales dataset for the five boroughs, assigned to nearest ZIP centroid. $/sq ft is sale price over heated living area. Estimates for site screening, not a USPAP appraisal. Updated July 2026.