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Albany, GA Foreclosures

How much do homes sell for in Albany, GA?
The average home price is currently $168,447.
In Albany, GA, how many homes are available?
There are currently 572 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 $12,598,529.
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 charming city with a rich history and friendly community atmosphere. With beautiful parks and outdoor activities available, residents enjoy a relaxed lifestyle. The city's educational institutions and cultural attractions make it a well-rounded place to call home.

Current Market Conditions in Albany, GA

Albany's real estate market is experiencing a steady increase in home values, driven by a growing demand for affordable housing in the area. As more people look to escape from larger metropolitan areas, Albany is becoming an attractive option due to its lower cost of living and quality of life.

Currently, the market is competitive for buyers, with homes typically receiving multiple offers. The inventory of homes for sale is lower than in previous years, which contributes to an upward trend in property values as well. Investment opportunities are increasing as developers recognize the potential of Albany, resulting in new construction and renovations.

Home Value Estimator For Albany, GA

There are currently 30,183 real estate properties in Albany, GA, with a median automated valuation model (AVM) price of $130,274.00. 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 $168,447.00, with the most expensive house in Albany, GA, topping out at $12,598,529.00 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 Auctions


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