$15,000
610 Bobbit Dr
Albany, GA
Land23,958 sqft lot
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Sarah Mitchell
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Compass Real Estate · Albany, GA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Albany, GA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Albany, GA Housing Market & Real Estate
Buyer's market+44.9% YoY
Housing market overview · Updated monthly ·
$169,900median sale price
How is the Albany, GA housing market right now?
The median home sale price in Albany, GA is $169,900, up 44.9% year-over-year. Homes sell in an average of 50 days with 175 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Albany a buyer's or seller's market?
Buyer's market11.7 months of supply50 avg. days on market
Albany, GA is currently a buyer's market, based on 11.7 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
50
Average pace
Active listings
175
11.7 months supply
Sale-to-list
97.3%
Below asking
What does the Albany housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $169,900 |
| Median list price | $154,950 |
| Year-over-year price change | +44.9% |
| Average days on market | 50 days |
| Active inventory | 175 listings |
| Months of supply | 11.7 months |
| Sale-to-list price ratio | 97.3% |
| Median price per sq ft | $105/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 60 |
| Listings with a price cut | 26.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Albany by property type?
How the Albany, GA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $164,950 | $108/sq ft | 14 | 47 days |
| Condo / Co-op | $169,900 | $132/sq ft | 3 | 52 days |
| Townhouse | $185,000 | $90/sq ft | 1 | 62 days |
Source: Redfin · Updated monthly
The Albany housing market is currently classified as a buyer's market with a median sale price of $169,900. Prices have risen 44.9% compared to last year, with homes spending an average of 50 days on market, indicating 11.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Albany
There are currently 175 homes listed for sale in Albany, Georgia. The median listing price is $155K. Featured listings range from $15,000 to $375,000.
$32,000
201 Worthwood Rd Lot 25
Albany, GA
Land2.95 acres
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$125,000
1702 W Highland Ave
Albany, GA
4 bd2 ba1,701 sqft$73/ft²
House11,326 sqft lot
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$149,760
1107 N Jefferson St
Albany, GA
3 bd3 ba3,742 sqft$40/ft²
House12,632 sqft lot
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$149,900
2306 Pembroke Dr
Albany, GA
3 bd2 ba1,404 sqft$107/ft²
House11,326 sqft lot
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$164,000
412 Holloway Ave
Albany, GA
3 bd2 ba836 sqft$196/ft²
House11,326 sqft lot
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$177,000
1937 Buck Ln
Albany, GA
3 bd2 ba1,238 sqft$143/ft²
House7,405 sqft lot
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$249,900
1009 Madison St N
Albany, GA
2 bd2 ba950 sqft$263/ft²
Multi-family19,602 sqft lot
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$289,900
1011 Nelms Rd
Albany, GA
4 bd4 ba3,386 sqft$86/ft²
House3.03 acres
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$339,000
2618 Devon Dr
Albany, GA
4 bd3 ba2,933 sqft$116/ft²
House37,462 sqft lot
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$369,900
2703 Wilton Ct
Albany, GA
3 bd3 ba2,595 sqft$143/ft²
House30,492 sqft lot
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$375,000
2323 Pendleton St
Albany, GA
3 bd3 ba2,512 sqft$149/ft²
House21,780 sqft lot
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Looking to buy in Albany?
Get connected with a local real estate expert — free, no obligation.
Active listings
175
Homes on market
Median list price
$155K
Avg. days on market
50
Days until sale
New this week
60
Newly listed
Price drops:26.9%of listings
Sale-to-list:97.3%
Who lives in Albany?
Population
67,939
Median income
$45,201/yr
Median age
35.1 years
Owner-occupied
39.3%
College grads
21.5%
Avg commute
19.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Albany?
Zillow home value
$132,944
Zillow rent index
$961/mo
Price-to-rent ratio
11.5x
Price-to-income
2.9x
Source: Zillow Research
What is it like to live in Albany?
Albany is a community of approximately 68K residents with a median age of 35.1 years.The median household income is $45,201, which represents a working-class community with solid middle-income opportunities. 21.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 39.3%, showing a blend of owner and renter-occupied properties. The average commute time is 19.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Albany offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Albany?
22 schools tracked · 13,059 students
The largest public schools serving Albany, GA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Westover High School
Grades 9-12 · 1,323 students
Dougherty Comprehensive High School
Grades 9-12 · 1,186 students
Monroe High School
Grades 9-12 · 1,165 students
Radium Springs Middle School
Grades 6-8 · 832 students
Albany Middle School
Grades 6-8 · 819 students
Live Oak Elementary School
Grades PK-5 · 780 students
Merry Acres Middle School
Grades 6-8 · 759 students
Sherwood Acres Elementary School
Grades PK-5 · 646 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Albany, GA?
Want a head-to-head view? Compare Albany side-by-side with any other U.S. city using our market-comparison tool.
Is Albany a good real estate investment market?
For investors evaluating Albany, the price-to-rent ratio of 11.5x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 44.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Albany's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Albany's median home price.
Frequently asked questions
What is the average home price in Albany?
The median home sale price in Albany is $169,900, up 44.9% from last year.
How long do homes stay on market in Albany?
Homes typically spend 50 days on market before going under contract.
What is the median income in Albany?
The median household income is $45,201 per year.
Is Albany a buyer's or seller's market?
With 11.7 months of supply, Albany is currently a buyer's market.
How many homes are for sale in Albany?
There are currently 175 homes listed for sale in Albany, GA.
What is the Zillow home value estimate for Albany?
The Zillow Home Value Index (ZHVI) for Albany is $132,944, representing the typical home value in the area.
What is the median condo price in Albany?
The median condo/co-op sale price in Albany, GA is $169,900, compared to $164,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Albany?
The median single-family home price in Albany, GA is $164,950 (about $108 per square foot).
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