What is the Best Neighborhoods USA ranking for Sheridan Hollow?
Sheridan Hollow is ranked #25 of 26 eligible neighborhoods in Albany; #398 of 418 eligible neighborhoods in NY; and #13,589 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Sheridan Hollow
Albany, NY | Albany County
Scored premium profile
Best Neighborhoods USA Index
29.4
Stability and Strength
22.7
Value Opportunity
36.5
Momentum
30.1
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Albany, NY |
| County | Albany County |
| National rank | #13,589 of 14,967 |
| State rank | #398 of 418 |
| City rank | #25 of 26 |
| County rank | #25 of 26 |
| National percentile | 9.2 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $230,488 |
| Year-over-year home value change | -9.4% |
| Month-over-month home value change | 1.22% |
| Home value to income ratio | 4.91 |
| Median household income | $46,909 |
| Bachelor's degree or higher | 42.5% |
| Civilian unemployment rate | 10.1% |
| Homeownership rate | 21.9% |
| Housing vacancy rate | 24.1% |
| Rent burden 30% or higher | 62.6% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Sheridan Hollow
Is Sheridan Hollow one of the best neighborhoods in Albany?
Sheridan Hollow has a Best Neighborhoods USA Index of 29.4 and a city ranking of #25 of 26 eligible neighborhoods in Albany.
How much are homes worth in Sheridan Hollow?
The current Zillow Home Value Index for Sheridan Hollow is approximately $230,488.
Are home values rising or falling in Sheridan Hollow?
Zillow neighborhood values changed -9.4% year over year and 1.22% month over month.
What is the Neighborhood Momentum Score for Sheridan Hollow?
Sheridan Hollow has a Neighborhood Momentum Score of 30.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Sheridan Hollow?
The NDS-derived neighborhood median household income is approximately $46,909.
How affordable is Sheridan Hollow relative to household income?
The current Zillow home-value-to-household-income ratio is 4.91. Price-to-income affordability is a major Value Opportunity input.
Is Sheridan Hollow primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 21.9%.
What is the unemployment rate in Sheridan Hollow?
The NDS-derived civilian unemployment rate is approximately 10.1%.
How educated are residents of Sheridan Hollow?
Approximately 42.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Sheridan Hollow face high rent burden?
Approximately 62.6% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Sheridan Hollow?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications35
Estimated originations15
Home-purchase applications18
Origination rate43.4%
Home-purchase share51.3%
Average application loan$257,132
Total application loan amount$8,900,557
National application rank#8,694 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -7.6% YoY; originations -21.2% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.