Albany, OR Home Values & Market Trends
Real estate market trends reflect that there have been 847 transactions over the past year in Albany. The median value for residential home transactions that occurred over the previous year is $422,159.57. The number of current listings in Albany is 106, and the percentage of properties for sale in the city is 106.00%. Albany, OR currently has 12 properties in foreclosure, 1 bank owned properties, 11 properties headed for auction, and 106 properties for sale.
Albany, OR Real Estate Market Overview
Housing Market Summary for Albany, OR
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $434.5K | $419.2K | -3.51% |
Median Sold Price | $412.6K | $419.2K | 1.61% |
Homes For Sale | 118 | 98 | -16.95% |
Homes Sold | 619 | 570 | -7.92% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Albany, OR
Browse Homes in Albany, OR
Albany home values range from $25,728 to $4,303,247. The median estimated value of a home in Albany is $422,159.57. The median list price of a home is 462,500, and the total count of properties in the city is 21,384.
- Pre-ForeclosurePre-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 OwnedThe median estimated home value of bank owned homes (REO properties) in Albany, OR ranges from the highest value of $313,434 in 97322 to the lowest value of $313,434 in 97322. Bank owned homes and properties account for 0.00% of properties in Albany, OR. There are 2 zips within Albany, OR; 97322 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions97321 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 0.05% 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 $588,750 in 97322 to the lowest value of $259,679 in 97322.
Compare Nearby Cities
More Real Estate Resources for Albany, OR
Guide for Albany, OR
A few quick tips to prepare you for selling a luxury home at auction
The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.
Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.