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Featured local agent — Albany, OH
Sarah Mitchell
Compass Real Estate · Albany, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Albany, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$120,000median sale price
How is the Albany, OH housing market right now?
The median home sale price in Albany, OH is $120,000, down 36.2% year-over-year. Homes sell in an average of 351 days with 4 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?
Albany, OH is currently a buyer's market, based on 4.0 months of supply and homes selling in about 351 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
351
Average pace
Active listings
4
4.0 months supply
Sale-to-list
81.1%
Below asking
What does the Albany housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $120,000 |
| Median list price | $192,450 |
| Year-over-year price change | -36.2% |
| Average days on market | 351 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 81.1% |
| Median price per sq ft | $78/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Albany by property type?
How the Albany, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $120,000 | $78/sq ft | 1 | 351 days |
Source: Redfin · Updated monthly
The Albany housing market is currently classified as a buyer's market with a median sale price of $120,000. Prices have fallen 36.2% compared to last year, with homes spending an average of 351 days on market, indicating 4.0 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 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Albany
There are currently 4 homes listed for sale in Albany, Ohio. The median listing price is $192K.
Active listings
4
Homes on market
Median list price
$192K
Avg. days on market
351
Days until sale
New this week
2
Newly listed
Who lives in Albany?
Population
909
Median income
$66,518/yr
Median age
42.7 years
Owner-occupied
75.3%
College grads
19.7%
Avg commute
22.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Albany?
Zillow home value
$217,401
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Albany?
Albany is a community of approximately 1K residents with a median age of 42.7 years.The median household income is $66,518, which represents a working-class community with solid middle-income opportunities. 19.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.4 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?
2 schools tracked · 1,432 students
The largest public schools serving Albany, OH 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.
Alexander Jr. / Sr. High School
Grades 6-12 · 728 students
Alexander Elementary School
Grades PK-5 · 704 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, OH?
Want a head-to-head view? Compare Albany side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Albany?
The median home sale price in Albany is $120,000, down 36.2% from last year.
How long do homes stay on market in Albany?
Homes typically spend 351 days on market before going under contract.
What is the median income in Albany?
The median household income is $66,518 per year.
Is Albany a buyer's or seller's market?
With 4.0 months of supply, Albany is currently a buyer's market.
What is the Zillow home value estimate for Albany?
The Zillow Home Value Index (ZHVI) for Albany is $217,401, representing the typical home value in the area.
How much does a single-family home cost in Albany?
The median single-family home price in Albany, OH is $120,000 (about $78 per square foot).
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