Housing Prices in Albany, GA

How much do homes in Albany, GA cost?

Median List Price

$135,899

$87/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$36,199(+36.3%)

Key Takeaway

The list price of homes in Albany has increased by 36.3% since last year.

Summary: The median home list price in Albany was $135,899 in May 2024, up 36.3% from the previous year, and the median price per square foot was $87.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $34.9K$45.5K
+30.4%
3 $99.7K$156K
+56.5%
4 $174.9K$170K
-2.8%
5+ $165K$399.9K
+142.4%

Summary: Albany housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 56.5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 142.4%.

Housing Supply in Albany, GA

How many homes are available in Albany, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5660+7.1%

Summary: The Albany real estate market had 60 homes for sale in May 2024, a 7.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 3738
+2.7%
4 89
+12.5%
5+ 22
0.0%

Summary: The Albany housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Days on Market for Albany, GA

How long does it take to sell a home in Albany, GA?

Average Listing Age

May 2023May 2024CHANGE
90 Days116 Days+29.6%

Summary: Homes in Albany had an average listing age of 116 days in May 2024, up by 29.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Albany, GA

Nearby Markets to Albany, GA

What housing markets are near Albany, GA?