Why Live in Buckingham Lake-Crestwood
Buckingham Lake-Crestwood in Albany features a diverse mix of housing options, including apartments, condominiums, townhouses, and single-family homes. The area around Buckingham Lake is primarily single-family homes, with styles ranging from 1920s Colonial Revivals to 1960s split-level and ranch-style houses. The neighborhood's median home price is higher than the rest of Albany, with single-family homes typically priced between $300,000 and $600,000. Buckingham Lake Park, a central green space with a 5-acre pond, offers a playground, paved trail, and seasonal ice skating. Residents are about 1 mile from Capital Hills at Albany, a public golf course, and close to Normans Kill Preserve, which features hiking trails and a dog park. The Albany Pine Bush Preserve, 8 miles west, provides over 3,000 acres of protected land with hiking trails and an education center. Commercial areas along New Scotland Avenue and Madison Avenue include local businesses, restaurants, and the Madison Theatre. Popular dining spots include Cafe Madison and Serata at Cafe Madison. The neighborhood is served by CDTA buses, with sidewalks connecting to green spaces and commercial strips. Most residents use personal vehicles, with Interstate 87 and New York State Route 85 providing access to Downtown Albany and Albany International Airport. Schools in the Albany City School District have high ratings, with Albany High School offering specialized academies and career training programs. Nearby higher education institutions include the University at Albany, Albany Law School, and Albany Medical College.
Frequently Asked Questions
Is Buckingham Lake-Crestwood a good place to live?
Buckingham Lake-Crestwood is a good place to live. Buckingham Lake-Crestwood is considered car-dependent and bikeable with some transit options. Buckingham Lake-Crestwood is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Buckingham Lake-Crestwood has 6 parks for recreational activities. It is somewhat dense in population with 8.3 people per acre and a median age of 47. The average household income is $123,141 which is above the national average. College graduates make up 60.8% of residents. A majority of residents in Buckingham Lake-Crestwood are home owners, with 29.3% of residents renting and 70.7% of residents owning their home. A
local real estate agent serving Buckingham Lake-Crestwood can help you decide if this neighborhood is the right one for you. Learn more on our
Buckingham Lake-Crestwood neighborhood guide.
Is Buckingham Lake-Crestwood, NY a safe neighborhood?
Buckingham Lake-Crestwood, NY is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Buckingham Lake-Crestwood?
The median home price in Buckingham Lake-Crestwood is $383,435. If you put a 20% down payment of $76,700 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,990 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $85K a year to afford the median home price in Buckingham Lake-Crestwood. The average household income in Buckingham Lake-Crestwood is $123K.
What are the best public schools in Buckingham Lake-Crestwood?
The best public schools that serve Buckingham Lake-Crestwood are:
What are the best private schools in Buckingham Lake-Crestwood?
The best private schools that serve Buckingham Lake-Crestwood are:
What are the most popular zip codes in Buckingham Lake-Crestwood, Albany, NY?
What are the most popular neighborhoods near Buckingham Lake-Crestwood, Albany, NY?
Are home prices dropping in Buckingham Lake-Crestwood?
Yes, home prices in Buckingham Lake-Crestwood are down 49% in the last 12 months.
Home Trends in Buckingham Lake-Crestwood, NY
On average, homes in Buckingham Lake-Crestwood, Albany sell after 96 days on the market compared to the national average of 70 days. The median sale price for homes in Buckingham Lake-Crestwood, Albany over the last 12 months is $375,000, down 34% from the median home sale price over the previous 12 months.
Median Sale Price
$375,000
Median Single Family Sale Price
$373,573
Median Townhouse Sale Price
$550,000
Median 2 Bedroom Sale Price
$224,900
Median 1 Bedroom Sale Price
$365,000
Average Price Per Sq Ft
$211
Number of Homes for Sale
10
Last 12 months Home Sales
70
Median List Price
$383,435
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-34%