Housing in Albany, VT is very desirable due to its median value of $253,600, significantly lower than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate in Albany, VT has been 15.30%, significantly higher than the national average of 8.27%. This makes it an attractive prospect for both buyers and investors looking to get their hands on some prime real estate in a sought-after location.
The median home cost in Albany is $253,600. Home appreciation the last 10 years has been 63.5%. Home Appreciation in Albany is up 19.1%.
Average Age of Homes
- The median age of Albany real estate is 46 years old
The Rental Market in Albany
- Renters make up 12.1% of the Albany population
- 0.0% of houses and apartments in Albany, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.