Is Albany, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Albany was a Buyer's Market.
Housing Prices in Albany, IN
How much do homes in Albany, IN cost?
Median Sold Price
$134,900
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Albany was $134,900 in April 2024, down 3.6% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $94.7K | $48.5K | -48.8% |
3 Bedrooms | $140K | $126K | -10.0% |
4 Bedrooms | $172K | $195K | +13.4% |
5+ Bedrooms | $599.9K | $504.9K | -15.8% |
Summary: Albany housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 48.8%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes decreased by 15.8%.
Median Sold Price Compared To Nearby Cities
Albany | $140K | $134.9K | -3.6% |
Delaware Township | $163.4K | $100K | -38.8% |
Housing Supply in Albany, IN
How many homes are available in Albany, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Summary: The Albany real estate market had 9 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Albany housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Albany in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Albany, IN
We’re sorry, we don't have information for this market at the moment