The housing median value in Albany, GA (zip code 31705) is $80,900, which is significantly lower than the national average of $338,100. However, the one year house appreciation rate in Albany is 12.86%, higher than the national rate of 8.27%. This indicates that even though the median housing value is lower than the national average, it is still increasing year-over-year at a faster pace than the rest of the country.
The median home cost in Albany (zip 31705) is $80,900. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Albany (zip 31705) is up 18.0%.
Average Age of Homes
- The median age of Albany (zip 31705) real estate is 41 years old
The Rental Market in Albany (zip 31705)
- Renters make up 42.2% of the Albany (zip 31705) population
- 3.9% of houses and apartments in Albany (zip 31705), 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.