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Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand on the sidelines. This comes amid rising and growing . But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are , even as most buyers pull back.

Most people can't afford high-end homes, although they're still fun to dream about. So, to highlight where luxury real estate is commanding the highest prices, Redfin analyzed the most expensive neighborhoods in the Albany metro area—and showcased a few of the area's standout listings (when possible).

Note: Redfin's analysis focused on metro areas, meaning some neighborhoods fell within smaller nearby cities. Listings and data were gathered on October 15, 2025.

#1. West Side (Saratoga Springs, NY)

18 Division St, Saratoga Springs, NY 12866
- List price: $719,000
- Beds: 1 | Baths: 1 | Square feet: 1,030
- See 18 Division St, Saratoga Springs, NY 12866 on

19 Washington St, Saratoga Springs, NY 12866
- List price: $1,650,000
- Beds: 2 | Baths: 2 | Square feet: 1,406
- See 19 Washington St, Saratoga Springs, NY 12866 on

19 Washington St, Saratoga Springs, NY 12866
- List price: $2,500,000
- Beds: 2 | Baths: 2.5 | Square feet: 1,624
- See 19 Washington St, Saratoga Springs, NY 12866 on

20 Beekman St, Saratoga Springs, NY 12866
- List price: $975,000
- Beds: 4 | Baths: 3 | Square feet: 2,400
- See 20 Beekman St, Saratoga Springs, NY 12866 on

#2. Northeast Malta (Malta, NY)

14 State Route 9P, Ballston Spa, NY 12020
- List price: $724,800
- Beds: 3 | Baths: 2.5 | Square feet: 2,408
- See 14 State Route 9P, Ballston Spa, NY 12020 on

2 Admirals Way, Ballston Spa, NY 12020
- List price: $633,500
- Beds: 3 | Baths: 2.5 | Square feet: 1,716
- See 2 Admirals Way, Ballston Spa, NY 12020 on

2147 Rowley Rd, Ballston Spa, NY 12020
- List price: $599,000
- Beds: 4 | Baths: 4 | Square feet: 3,000
- See 2147 Rowley Rd, Ballston Spa, NY 12020 on

9 Admirals Way, Ballston Spa, NY 12020
- List price: $657,300
- Beds: 3 | Baths: 2 | Square feet: 1,910
- See 9 Admirals Way, Ballston Spa, NY 12020 on

#3. Halls Corners (Malta, NY)

12 Anson Ct, Malta, NY 12020
- List price: $514,900
- Beds: 3 | Baths: 2 | Square feet: 1,560
- See 12 Anson Ct, Malta, NY 12020 on

9 Anson Ct, Ballston Spa, NY 12020
- List price: $479,900
- Beds: 2 | Baths: 2 | Square feet: 1,326
- See 9 Anson Ct, Ballston Spa, NY 12020 on

L017 Anson Ct, Malta, NY 12020
- List price: $541,900
- Beds: 2 | Baths: 2.5 | Square feet: 2,008
- See L017 Anson Ct, Malta, NY 12020 on

L07 Anson Ct, Malta, NY 12020
- List price: $519,900
- Beds: 3 | Baths: 2 | Square feet: 1,659
- See L07 Anson Ct, Malta, NY 12020 on

#4. Exit 11 (Malta, NY)

95 Round Lake Rd, Ballston Lake, NY 12019
- List price: $349,900
- Beds: 2 | Baths: 1.5 | Square feet: 1,308
- See 95 Round Lake Rd, Ballston Lake, NY 12019 on

#5. Central Troy Historic District (Troy, NY)

79 3Rd St, Troy, NY 12180
- List price: $394,000
- Beds: 2 | Baths: 3 | Square feet: 3,300
- See 79 3Rd St, Troy, NY 12180 on