Why Live in Mount Hope
Mount Hope, located on the southern outskirts of Albany, is a neighborhood characterized by its mix of residential and industrial areas. The community is primarily composed of townhouse-style homes along Mount Hope Drive and Garland Court, featuring siding or brick facades. The neighborhood's affordability, with multi-family properties ranging between $100,000 and $200,000, attracts many investors. Residents benefit from easy access to major highways, including Interstates 87 and 787, making downtown Albany just 2 miles away. Public transportation is available via CDTA buses along Route 9W and New York State Route 32. While the Hudson River borders the area, it is not a recreational spot due to the industrial activity at the Port of Albany. Instead, outdoor activities are centered around Normans Kill, where residents enjoy fishing, kayaking, and wildlife observation. Mount Hope Park provides a playground and basketball court, while Krank Park and the Christian Plumeri Sports Complex offer additional recreational facilities nearby. For shopping and dining, residents often travel to Belmont, less than 3 miles south, where a variety of stores and restaurants are available. Educational options include Giffen Memorial Elementary School, Stephen & Harriet Myers Middle School, and the highly rated Albany High School.
Home Trends in Mount Hope, NY
On average, homes in Mount Hope, Albany sell after 5 days on the market compared to the national average of 51 days. The median sale price for homes in Mount Hope, Albany over the last 12 months is $168,000, up 20% from the median home sale price over the previous 12 months.
Median Sale Price
$168,000
Median Townhouse Sale Price
$168,000
Average Price Per Sq Ft
$133
Last 12 months Home Sales
7
Median List Price
$165,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
20%