Albany, OR Housing Market & Real Estate

Balanced market-4.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Albany, OR is $424,990, down 4.0% year-over-year. Homes sell in an average of 99 days with 149 active listings. The market is currently a balanced market.

$424,990median sale price

Is Albany a buyer's or seller's market?

Balanced market3.5 months of supply99 avg. days on market

Albany, OR is currently a balanced market, based on 3.5 months of supply and homes selling in about 99 days. How we determine this →

Homes sold

43

Last 12 weeks

Days on market

99

Average pace

Active listings

149

3.5 months supply

Sale-to-list

98.7%

Below asking

Albany, OR market data

Current housing market statistics for Albany, OR
MetricValue
Median sale price$424,990
Median list price$447,000
Year-over-year price change-4.0%
Average days on market99 days
Active inventory149 listings
Months of supply3.5 months
Sale-to-list price ratio98.7%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Albany housing market is currently classified as a balanced market with a median sale price of $424,990. Prices have fallen 4.0% compared to last year, with homes spending an average of 99 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Albany

There are currently 149 homes listed for sale in Albany, Oregon. The median listing price is $447K.

Active listings

149

Homes on market

Median list price

$447K

Avg. days on market

99

Days until sale

New this week

52

Newly listed

Price drops:27.5%of listings
Sale-to-list:98.7%

Top public schools in Albany

21 schools tracked · 8,766 students

The largest public schools serving Albany, OR 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.

South Albany High School

Grades 9-12 · 1,511 students

Public

West Albany High School

Grades 9-12 · 1,282 students

Public

Timber Ridge School

Grades 3-8 · 651 students

Public

Calapooia Middle School

Grades 6-8 · 598 students

Public

Meadow Ridge Elementary

Grades K-3 · 565 students

Public

Memorial Middle School

Grades 6-8 · 526 students

Public

North Albany Middle School

Grades 6-8 · 474 students

Public

Oak Grove Elementary School

Grades K-5 · 345 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in OR

Frequently asked questions

What is the average home price in Albany?

The median home sale price in Albany is $424,990, down 4.0% from last year.

How long do homes stay on market in Albany?

Homes typically spend 99 days on market before going under contract.

Is Albany a buyer's or seller's market?

With 3.5 months of supply, Albany is currently a balanced market.

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