Housing Prices in Albany, GA
How much do homes in Albany, GA cost?
Median List Price
$135,899
$87/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Albany was $135,899 in May 2024, up 36.3% from the previous year, and the median price per square foot was $87.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $34.9K | $45.5K | +30.4% |
3 Bedrooms | $99.7K | $156K | +56.5% |
4 Bedrooms | $174.9K | $170K | -2.8% |
5+ Bedrooms | $165K | $399.9K | +142.4% |
Summary: Albany housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 56.5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 142.4%.
Housing Supply in Albany, GA
How many homes are available in Albany, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
56 | 60 | +7.1% |
Summary: The Albany real estate market had 60 homes for sale in May 2024, a 7.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 37 | 38 | +2.7% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Albany housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Days on Market for Albany, GA
How long does it take to sell a home in Albany, GA?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
90 Days | 116 Days | +29.6% |
Summary: Homes in Albany had an average listing age of 116 days in May 2024, up by 29.6% compared to the previous year.