City-owned Homes And Land in Albany, OH 45710

Current Market Conditions in Albany, OH

Albany's real estate market remains stable, with home prices reflecting the village's appeal to families and individuals seeking a slower pace of life. As more buyers show interest in suburban living post-pandemic, Albany has seen a steady increase in home sales, though overall inventory remains moderate.

Investors are drawn to Albany due to its affordability compared to urban areas, with median home prices staying below the national average. The market is characterized by demand for single-family homes that cater to families and retirees looking to downsize.

Rent Prices In Albany, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Albany, OH, is on a rollercoaster ride. The average rent price in Albany, OH, is $1,117.00. Indeed, when looking to rent in Albany, OH, you can expect to pay as little as $470.00 or as much as $2,070.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Albany, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.