Zip 97322 (Albany, OR) Housing

Albany, OR is a vibrant city located in the beautiful Willamette Valley. The median value of housing in Albany is $364,800, which is 8% higher than the US House Median Value of $338,100. Over the past year, there has been an impressive 9.26% house appreciation in Albany, slightly higher than the rate of 8.27% across the US. This makes Albany a great place to invest in real estate and take advantage of the growing market.

The median home cost in Albany (zip 97322) is $364,800. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Albany (zip 97322) is up 14.2%.

Average Age of Homes

- The median age of Albany (zip 97322) real estate is 39 years old

The Rental Market in Albany (zip 97322)

- Renters make up 42.8% of the Albany (zip 97322) population
- 2.2% of houses and apartments in Albany (zip 97322), 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, Oregon	United States
	14,498.0	139,647,020.0
	42	42
	$364,800	$338,100
	14.2%	16.6%
	69.9%	57.0%
	144.5%	101.1%
	$10.50	$10.98
	$3,242	$2,690
	55.1%	57.4%
	4.0%	11.2%
	40.9%	31.4%
Vacant Housing
	2.2%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	3.0%	2.4%
	2.4%	2.8%
	0.8%	3.9%
	1.9%	4.5%
	5.2%	11.3%
	12.9%	13.0%
	41.0%	20.1%
	20.2%	13.6%
	4.9%	8.3%
	3.0%	9.7%
	0.5%	3.9%
	1.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	17.0%	13.6%
	17.0%	13.6%
	19.3%	13.6%
	7.4%	13.2%
	28.9%	14.8%
	19.3%	13.6%
	7.7%	10.0%
	3.2%	4.7%
	1.9%	12.2%

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