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Short Sale Listings in Albany, GA 31721

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Albany, GA Foreclosures

How much do homes sell for in Albany, GA?
The average home price is currently $167,071.
In Albany, GA, how many homes are available?
There are currently 112 active home listings available in Albany.
What’s the average rental cost in Albany, GA?
The average rental price in Albany is $1,040.
What is the most expensive home in Albany?
The most expensive home sold in Albany had a price of $12,588,571.
What is currently the cheapest priced home in Albany, GA?
The cheapest home for sale in Albany is priced at $10,000.

Living in Albany, GA

Albany, GA is a city rich in culture and history, offering a remarkable quality of life for its residents. The community is filled with parks, recreational activities, and a vibrant downtown area. With strong educational and familial ties, Albany is perfect for families, retirees, and anyone looking for a welcoming community.

Current Market Conditions in Albany, GA

The real estate market in Albany, GA has shown signs of stability over the past year, with a modest increase in home prices. Many new developments are emerging in the area, continuing to attract buyers looking for affordable housing. Albany is becoming increasingly appealing due to its affordable cost of living in comparison to neighboring cities.

Additionally, the rental market remains strong, driven by a consistent demand for housing. Investors are showing interest in Albany due to its economic development plans and improving job market, particularly in sectors such as healthcare and education.

Home Value Estimator For Albany, GA

There are currently 30,193 real estate properties in Albany, GA, with a median automated valuation model (AVM) price of $128,895.00. 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, GA, 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, GA, is $167,071.00, with the most expensive house in Albany, GA, topping out at $12,588,571.00 and the cheapest home in Albany, GA, clocking in at $10,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Albany, GA!

Rent Prices In Albany, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Albany, GA, is on a rollercoaster ride. The average rent price in Albany, GA, is $1,040.00. Indeed, when looking to rent in Albany, GA, you can expect to pay as little as $470.00 or as much as $2,840.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Albany, GA -- 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, GA 31721 Short Sale Listings


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