The story of this market
The typical home in ZIP 12405 sells for about $431,529, or $178 per square foot.
Prices are up +5.9% from a year ago, so sellers still have some momentum. Homes take about 14 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,500 a month.
ZIP 12405 — Acra
The Altamont housing market remains competitive with steady price appreciation and low inventory. Demand is driven by its reputation for quality schools and suburban appeal, keeping the market stable despite broader economic fluctuations.
This area is well-suited for families and professionals seeking a suburban lifestyle with access to high-quality schools and a reasonable commute to the state capital.
Median prices moved up 5.9% year over year.
Homes spend a median of 14 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 8.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 12405, Altamont NY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Guilderland Central School District, which is generally regarded as a high-performing district within the Capital Region.
The area benefits from its proximity to the Albany-Schenectady-Troy employment core, with economic momentum driven by state government, healthcare, and higher education sectors.
Property taxes are assessed at the local level by the town and county, with rates influenced by school district levies and municipal budgets.
Residents typically face a commute of approximately 30 minutes to reach major employment hubs in Albany.
The village offers access to local parks, historic sites, and proximity to the Helderberg Escarpment for outdoor recreation.
The rental market is characterized by limited inventory and steady demand, typical of the broader suburban Albany region.
The local economy is anchored by the broader Albany-Schenectady-Troy metro area, with major employment in government, healthcare, and technology.
The area is primarily car-dependent, with access to major regional highways connecting to Albany.
Development is focused on maintaining the village's historic character while managing modest residential growth.
Parcels are subject to Guilderland Central School District taxes and local municipal assessments.
Standard property insurance coverage is typical for the region, with no specific high-risk designations reported.
Data retrieved from Census Reporter and Point2Homes profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Zoom Flume Water Park4.45 mi
- Hunter Mountain Resort4.311 mi
- Windham Mountain Club4.39.1 mi
- Opus 404.619 mi
- Bearsville Theater4.719.9 mi
- feast & floret4.615.7 mi
- Hunter Mountain Resort4.311 mi
- Kaaterskill Falls Trail Head4.78.9 mi
- Zoom Flume Water Park4.45 mi
- Kaaterskill Falls, Viewing Platform4.89 mi
- Hunter Scenic Skyride4.210.5 mi
- Olana State Historic Site4.814.9 mi
- Opus 404.619 mi
- Saugerties Lighthouse4.719 mi
- Clermont State Historic Site4.718.4 mi
- Thomas Cole National Historic Site4.513.2 mi
- Saugerties Marina4.619 mi
- Sunny Hill Resort & Golf Course4.74.5 mi
- Thunderhart Golf Freehold4.54.5 mi
- Christman's Windham House4.610.2 mi
- Rip Van Winkle Country Club4.610.8 mi
- Price Chopper4.112.5 mi
- Sawyer Chevrolet4.812.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features extensive hiking trails and scenic views of the Hudson Valley.
Preserved historic architecture and community center.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.