Albany, GA Foreclosures
How much do homes sell for in Albany, GA?
The average home price is currently $198,322.
In Albany, GA, how many homes are available?
There are currently 14 active home listings available in Albany.
What’s the average rental cost in Albany, GA?
The average rental price in Albany is $1,039.
What is the most expensive home in Albany?
The most expensive home sold in Albany had a price of $43,874,656.
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 in Southwest Georgia offering a blend of historical significance and modern conveniences. Known for its friendly neighborhoods and community spirit, Albany hosts various local events and recreational activities, making it ideal for families and individuals. With its rich culture, vibrant dining scene, and accessible outdoor spaces, Albany presents an appealing lifestyle for potential homeowners.
Current Market Conditions in Albany, GA
The real estate market in Albany, GA has shown steady growth in recent months, with an increase in both home sales and property values. The affordability of homes in this area, compared to national averages, has attracted a diverse group of buyers. Additionally, the local economy shows signs of improvement, with job opportunities on the rise, making Albany a desirable location for both first-time buyers and investors.
Currently, there is a healthy demand for homes in Albany, reflecting a favorable buyers' market. Limited inventory combined with rising prices suggests a competitive environment, especially for well-maintained properties. As Albany continues to develop its economy and amenities, property values are expected to remain stable or increase.
Home Value Estimator For Albany, GA
There are currently 32,168 real estate properties
in Albany, GA,
with a median automated valuation model (AVM) price
of $129,465.00. 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 $198,322.00, with the most expensive house
in Albany, GA, topping out
at $43,874,656.00 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 $1,039.00. 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.
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