Albany, OR Home Values & Market Trends

Real estate market trends reflect that there have been 856 transactions over the past year in Albany. The median value for residential home transactions that occurred over the previous year is $421,495.47. The number of current listings in Albany is 129, and the percentage of properties for sale in the city is 129.00%. Albany, OR currently has 12 properties in foreclosure, 0 bank owned properties, 12 properties headed for auction, and 129 properties for sale.

Albany, OR Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
97322

$ 406,236

$ 271/sqft

97321

$ 501,790

$ 274/sqft

Housing Market Summary for Albany, OR

Apr 2023March 2024Change
Median Listing Price$440K$413.4K-6.04%
Median Sold Price$409.6K$413.4K0.94%
Homes For Sale121115-4.96%
Homes Sold553525-5.06%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Albany, OR

Albany home values range from $25,475 to $4,355,740. The median estimated value of a home in Albany is $421,495.47. The median list price of a home is 429,500, and the total count of properties in the city is 21,457.

Foreclosure
There are 2 zips within Albany, OR; within these zips, the median estimated home value for homes in foreclosure ranges from $348,496 in 97321 to the lowest value of $265,941 in 97321. Foreclosure homes account for 0.00% of properties in Albany, OR with 97321 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Albany, OR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Albany, OR; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Albany, OR ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Albany, OR. There are 2 zips within Albany, OR; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    97321 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Albany, OR. Auction homes and other auction properties account for 0.06% of all properties in Albany, OR. There are 2 zips within Albany, OR; of those zips, the median estimated home value for homes going to auction ranges from $593,250 in 97322 to the lowest value of $265,941 in 97322.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.60% of residential properties in Albany, OR with 97322 containing 65 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Albany, OR; homes for sale in those zips, have a range of median values from $984,219 in 97322 to the lowest value of $105,147 in 97321.
    Sold Homes
    The median value for recently sold homes ranges from $932,681 in 97322 to the lowest price of $25,475 in 97322. There are 2 zips within Albany, OR. 97322 has 273 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.52% of properties in Albany, OR.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Albany, OR
      $
      $

      Guide for Albany, OR

      Market Reports
      Real Estate Market Report Albany, New York – April 2024
      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Real Estate Market Report Albany, New York – April 2024
      Market Reports|posted 3 April 2024

      The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.

      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Recently Listed Homes Albany, OR

      No data to show