Why Live in Arbor Hill
Arbor Hill in Albany is undergoing revitalization, with abandoned homes being transformed into habitable spaces, appealing to first-time homebuyers and investors. The neighborhood received $77.5 million in funding for improvement projects in 2014, and initiatives like the “Love Your Block” grant program aim to reduce violent crime. Arbor Hill features wooden rowhouses, multifamily units, and some detached single-family homes on compact lots. Just a mile from Downtown Albany, Arbor Hill is walkable with extensive sidewalks and numerous bus stops. Major routes such as U.S. Route 9 and New York State Route 32 border the area, facilitating easy commutes.
Educational opportunities include Arbor Hill Elementary School, offering hands-on nature lessons and community resources, followed by William S. Hackett Middle School and Albany High School, both with high ratings. The University at Albany’s Downtown Campus is just over a mile away. While Arbor Hill is considered a food desert, initiatives like the Veggie Mobile provide fresh produce weekly. Dining options include Tanpopo Ramen and Sake Bar, The Olde English Pub & Pantry, Roy's Caribbean Restaurant, and Nine Pin Cider Works.
Community amenities are robust, with Arbor Hill Park hosting sports games and cookouts, and the Arbor Hill Community Center offering youth programs and fitness facilities. The Arbor Hill/West Hill Library organizes events like “Super Smash Fridays” for teens. Cultural attractions include the Albany Barn, which collaborates with local organizations to provide artistic experiences, and the Capital Repertory Theatre, known for its quality performances. The neighborhood also enjoys community events such as Albany’s St. Patrick’s Day Parade, fostering local engagement.
Home Trends in Arbor Hill, NY
On average, homes in Arbor Hill, Albany sell after 32 days on the market compared to the national average of 51 days. The median sale price for homes in Arbor Hill, Albany over the last 12 months is $155,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$155,000
Median Single Family Sale Price
$138,000
Median Townhouse Sale Price
$155,000
Average Price Per Sq Ft
$110
Last 12 months Home Sales
5
Median List Price
$189,999
Median Change From 1st List Price
18%
Median Home Sale Price YoY Change
2%