How much is a home worth in ZIP code 12159?

The typical home in 12159 is worth $570,511, based on the Zillow Home Value Index.

Are home values rising in 12159?

Home values in 12159 are up 6.5% over the past year, and up 7.3% a year over five years.

What is the property tax rate in 12159?

The effective property tax rate in 12159 is 2.0% — roughly $11,660 a year on a typical home.

ZIP code 12159 has a population of 8,163 and a median household income of $128,306.

HousingHandbookReference data

…

U.S. ZIP Code · NY12159

Albany County · Albany-Schenectady-Troy, NY

Typical home value

$570,511^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +6.5%
5-year / yr: +7.3%
10-year / yr: +5.6%

Relative price

vs U.S.: +100.8%
vs metro: +78.9%
vs state: +79.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 12159 is worth $570,511 — 78.9% above the Albany-Schenectady-Troy, NY median. Over the past year, values have risen 6.5%. The effective property tax rate is 2.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: —^[2]
Gross yield: —^[2]
Cap rate: —^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 2.0%^[3]
Typical annual tax: $11,660^[3]

#Climate risk

FEMA National Risk Index ratings for Albany County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: No Rating
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Low
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively Moderate

#Who lives here

Population: 8,163^[3]
Median household income: $128,306^[3]

#Migration

Household moves in and out of Albany County over a year, from IRS tax-return data.

Net migration: -518^[5]
Moved in: 8,979
Moved out: 9,497

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield—

Net yield (after ~40% expenses)—

Annual rent—

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,885

Loan principal$456,409

Down payment$114,102

Total interest paid$582,124

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio—

Monthly cost to own$4,330

Monthly rent—

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 83rd percentile^[1]
Rental yield: —^[2]
Property tax: 80th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 12159?: The typical home in 12159 is worth $570,511, based on the Zillow Home Value Index.
Are home values rising in 12159?: Home values in 12159 are up 6.5% over the past year, and up 7.3% a year over five years.
What is the property tax rate in 12159?: The effective property tax rate in 12159 is 2.0% — roughly $11,660 a year on a typical home.
Who lives in 12159?: ZIP code 12159 has a population of 8,163 and a median household income of $128,306.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

12148 vs 12159 →
NY
Typical home
$550,683
Gross yield
—
12866 vs 12159 →
Saratoga Springs, NY
Typical home
$636,753
Gross yield
3.8%
12084
Westmere CDP, NY
Typical home
$493,281
Gross yield
—
12019
Country Knolls CDP, NY
Typical home
$489,888
Gross yield
—
12077
NY
Typical home
$484,514
Gross yield
4.2%
12863
NY
Typical home
$482,989
Gross yield
—

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#Jump to section

U.S. ZIP Code · NY12159

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