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.