Is Albany, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Albany is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Albany has remained a Buyer's Market.

Key Takeaway

Albany is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Albany, WI

How much do homes in Albany, WI cost?

Median Sold Price

$225,000

$119/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$49,900(-18.2%)

Key Takeaway

Homes in Albany have sold for 18.2% less than they did a month ago.

Summary: The median home sold price in Albany was $225,000 in October 2024, down 18.2% from last month, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $274.9K-
N/A
3 --
N/A
4 -$225K
N/A
5+ --
N/A

Summary: Albany housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Albany, WI

How many homes are available in Albany, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The Albany real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 34
+33.3%
4 34
+33.3%
5+ 11
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 decreased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Albany, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Albany in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Albany, WI

We’re sorry, we don't have information for this market at the moment

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, WI

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