The housing market in Albany, NE is thriving. The median value of homes in this area is significantly lower than the national average, at $174,400 compared to $338,100. Furthermore, the one-year appreciation rate for houses in Albany is 10.45%, which is higher than the national rate of 8.27%. This shows that the housing market in Albany is very healthy and active, making it an attractive place for investors and potential homebuyers alike.
The median home cost in Albany is $174,400. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Albany is up 15.2%.
Average Age of Homes
- The median age of Albany real estate is 54 years old
The Rental Market in Albany
- Renters make up 0.0% 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.