Housing Prices in Albany, GA

How much do homes in Albany, GA cost?

Median List Price

$170,000

$98/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

-$27,499(-13.9%)

Key Takeaway

The list price of homes in Albany has decreased by 13.9% since February.

Summary: The median home list price in Albany was $170,000 in March 2024, down 13.9% from the previous month, and the median price per square foot was $98.

Median List Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $75K$75K
0.0%
3 $200K$190K
-5.0%
4 $195K$162.4K
-16.7%
5+ $425K$425K
0.0%

Summary: Albany housing prices by bedroom type for March 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 decreased by 5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

West Dougherty
-5.0%
East Dougherty
-10.4%
Albany
-13.9%

Housing Supply in Albany, GA

How many homes are available in Albany, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5249-5.8%

Summary: The Albany real estate market had 49 homes for sale in March 2024, a 5.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 3737
0.0%
4 98
-11.1%
5+ 11
0.0%

Summary: The Albany housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, 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

Feb 2024Mar 2024CHANGE
111 Days120 Days+7.6%

Summary: Homes in Albany had an average listing age of 120 days in Mar 2024, up by 7.6% compared to the previous month.

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

Report Updated 19 Days Ago

Newest Listings in Albany, GA

Nearby Markets to Albany, GA

What housing markets are near Albany, GA?