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Preforeclosure Homes in Albany, CA 94710

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Living in Albany, CA

Albany, CA is a small yet vibrant community in the East Bay with excellent schools, beautiful parks, and a strong local economy. It offers a blend of urban and suburban living with easy access to public transportation and cultural amenities. Ideal for families and professionals, Albany is an attractive real estate market with diverse property options.

Current Market Conditions in Albany, CA

The real estate market in Albany, CA has witnessed steady growth over the past few years, driven by a demand for family-friendly neighborhoods and a shortage of available homes. Home values have appreciated, making investment opportunities increasingly attractive, especially for long-term renters and families.

Recent trends indicate a growing interest in multi-family housing and mixed-use developments, reflecting Albany's appeal as a desirable residential area. Investors are seeing potential in new construction projects that align with community needs, enhancing the local housing market.

Home Value Estimator For Albany, CA

There are currently 5,277 real estate properties in Albany, CA, with a median automated valuation model (AVM) price of $1,287,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Albany, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Albany, CA, is $1,291,276.00, with the most expensive house in Albany, CA, topping out at $15,747,837.00 and the cheapest home in Albany, CA, clocking in at $203,567.00. In other words, there’s something for every potential homebuyer or savvy investor in Albany, CA!

Rent Prices In Albany, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Albany, CA, is on a rollercoaster ride. The average rent price in Albany, CA, is $2,853.00. Indeed, when looking to rent in Albany, CA, you can expect to pay as little as $1,450.00 or as much as $6,680.00, with the average rent median estimated to be $2,970.00. The good news is that finding an affordable and desirable property to rent in Albany, CA -- 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.

Albany, CA 94710 Preforeclosure Homes


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