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Featured local agent — Albany, OR
Sarah Mitchell
Compass Real Estate · Albany, OR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Albany, OR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$444,000median sale price
How is the Albany, OR housing market right now?
The median home sale price in Albany, OR is $444,000, down 5.5% year-over-year. Homes sell in an average of 67 days with 166 active listings. The market is currently a balanced 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, OR is currently a balanced market, based on 2.8 months of supply and homes selling in about 67 days. How we determine this →
Homes sold
60
Last 12 weeks
Days on market
67
Average pace
Active listings
166
2.8 months supply
Sale-to-list
99.4%
Below asking
What does the Albany housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $444,000 |
| Median list price | $456,500 |
| Year-over-year price change | -5.5% |
| Average days on market | 67 days |
| Active inventory | 166 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $268/sq ft |
| Homes sold (latest month) | 60 |
| New listings (latest month) | 66 |
| Listings with a price cut | 30.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Albany by property type?
How the Albany, OR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $448,950 | $272/sq ft | 54 | 64 days |
| Condo / Co-op | $220,000 | $184/sq ft | 1 | 145 days |
| Townhouse | $339,900 | $220/sq ft | 3 | 123 days |
Source: Redfin · Updated monthly
The Albany housing market is currently classified as a balanced market with a median sale price of $444,000. Prices have fallen 5.5% compared to last year, with homes spending an average of 67 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.0x provides context for how home values compare to local earning capacity.
Homes for sale in Albany
There are currently 166 homes listed for sale in Albany, Oregon. The median listing price is $457K.
Active listings
166
Homes on market
Median list price
$457K
Avg. days on market
67
Days until sale
New this week
66
Newly listed
Who lives in Albany?
Population
56,773
Median income
$73,809/yr
Median age
37.1 years
Owner-occupied
59.4%
College grads
28.6%
Avg commute
20.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Albany?
Zillow home value
$440,581
Zillow rent index
$1,774/mo
Price-to-rent ratio
20.7x
Price-to-income
6.0x
Source: Zillow Research
What is it like to live in Albany?
Albany is a community of approximately 57K residents with a median age of 37.1 years.The median household income is $73,809, which represents a working-class community with solid middle-income opportunities. 28.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 59.4%, showing a blend of owner and renter-occupied properties. The average commute time is 20.5 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?
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
West Albany High School
Grades 9-12 · 1,282 students
Timber Ridge School
Grades 3-8 · 651 students
Calapooia Middle School
Grades 6-8 · 598 students
Meadow Ridge Elementary
Grades K-3 · 565 students
Memorial Middle School
Grades 6-8 · 526 students
North Albany Middle School
Grades 6-8 · 474 students
Oak Grove Elementary School
Grades K-5 · 345 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, OR?
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 20.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.5% year-over-year, potentially creating entry opportunities for strategic buyers.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 $444,000, down 5.5% from last year.
How long do homes stay on market in Albany?
Homes typically spend 67 days on market before going under contract.
What is the median income in Albany?
The median household income is $73,809 per year.
Is Albany a buyer's or seller's market?
With 2.8 months of supply, Albany is currently a balanced market.
What is the Zillow home value estimate for Albany?
The Zillow Home Value Index (ZHVI) for Albany is $440,581, 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, OR is $220,000, compared to $448,950 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, OR is $448,950 (about $272 per square foot).
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