Ravena, NY · Market Data

Ravena, New York real estate market data.

Real estate market data for Ravena, NY (Albany County) — Census median home value $194,400, county listing prices down about 5.5% over the past year.

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Ravena, NY is in Albany County, New York — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,256, with a median household income of $77,163. Census data puts Ravena's median home value at $194,400 (all owner-occupied homes); Albany County's current median listing price runs $361,150, down about 5.5% over the past year.

At a glance

Ravena market snapshot

Population

3,256

Median Household Income

$77,163

Median Home Value (city)

$194,400

Median Listing Price (Albany County)

$361,150

Median Gross Rent

$1,042/mo

Price Trend (YoY)

-5.5%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Ravena

What makes Ravena different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Ravena's median home value — across all owner-occupied homes, not just recent sales — at $194,400. Separately, Albany County's current median listing price (via Realtor.com data, 2026-06-01) runs $361,150. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Albany County's FHFA house price index shows a 5.01% annual change in 2025.

Population & Income

Ravena has an estimated population of 3,256 and a median household income of $77,163, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Ravena's Census-reported median home value works out to about 2.5x the area's median household income, and median gross rent runs roughly 16% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Ravena FAQ

What are home values like in Ravena, NY?

The Census Bureau's American Community Survey puts Ravena's median home value at $194,400. Albany County's current median listing price runs $361,150, down about 5.5% over the past year.

What is the population of Ravena, NY?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Ravena's population at approximately 3,256.

What's the median rent in Ravena, NY?

The Census ACS estimates median gross rent in Ravena at approximately $1,042 per month.

What is the median household income in Ravena, NY?

Census ACS data puts the median household income in Ravena at approximately $77,163.

Is the Ravena housing market growing?

Albany County's FHFA house price index shows a 5.01% annual change in 2025.

Is Ravena, NY affordable relative to income?

Census ACS data puts Ravena's median home value at about 2.5 times the median household income, with median gross rent equal to roughly 16% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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