Housing Prices in Albany, GA

How much do homes in Albany, GA cost?

Median List Price

$109,999

$82/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$22,950(-17.3%)

Key Takeaway

The list price of homes in Albany has decreased by 17.3% since last year.

Summary: The median home list price in Albany was $109,999 in October 2024, down 17.3% from the previous year, and the median price per square foot was $82.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $33K$45K
+36.4%
3 $129.9K$115K
-11.5%
4 $219.4K$269K
+22.6%
5+ $257K$425.5K
+65.6%

Summary: Albany housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.4%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 65.6%.

Median List Price Compared To Nearby Cities

Albany
-17.3%
West Dougherty
-18.2%

Housing Supply in Albany, GA

How many homes are available in Albany, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5163+23.5%

Summary: The Albany real estate market had 63 homes for sale in October 2024, a 23.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1013
+30.0%
3 3439
+14.7%
4 59
+80.0%
5+ 22
0.0%

Summary: The Albany housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 80%, 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

Oct 2023Oct 2024CHANGE
125 Days94 Days-24.9%

Summary: Homes in Albany had an average listing age of 94 days in Oct 2024, down by 24.9% compared to the previous year.

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

Report Updated 20 Days Ago

Newest Listings in Albany, GA

Nearby Markets to Albany, GA

What housing markets are near Albany, GA?