Albany Metro Area, GA Housing

The housing market in the Albany, GA Metro Area is thriving with a median value of $140,600. This is much lower than the US median value of $338,100 but the 1 year appreciation rate in Albany beats the national average at 18.47%, compared to 8.27%. This indicates that housing prices in this area are on the rise and it's a great place for potential buyers or investors to consider investing in.

The median home cost in Albany Metro Area is $140,600. Home appreciation the last 10 years has been 59.3%. Home Appreciation in Albany Metro Area is up 18.2%.

Average Age of Homes

- The median age of Albany Metro Area real estate is 37 years old

The Rental Market in Albany Metro Area

- Renters make up 38.4% of the Albany Metro Area population
- 2.8% of houses and apartments in Albany Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Albany, Georgia	United States
	66,526.0	139,647,020.0
	41	42
	$140,600	$338,100
	18.2%	16.6%
	47.6%	57.0%
	59.3%	101.1%
	$13.24	$10.98
	$1,588	$2,690
	48.2%	57.4%
	14.2%	11.2%
	37.6%	31.4%
Vacant Housing
	2.8%	1.9%
	0.4%	0.4%
	0.8%	0.7%
	0.8%	0.4%
	1.6%	3.6%
	7.7%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	6.0%	2.4%
	8.5%	2.8%
	10.1%	3.9%
	11.4%	4.5%
	19.6%	11.3%
	17.4%	13.0%
	14.7%	20.1%
	4.9%	13.6%
	1.5%	8.3%
	1.5%	9.7%
	0.2%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	12.7%	13.6%
	12.7%	13.6%
	17.5%	13.6%
	13.8%	13.2%
	17.6%	14.8%
	17.5%	13.6%
	10.3%	10.0%
	4.8%	4.7%
	5.3%	12.2%

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