Albany, IL Foreclosures
Current Market Conditions in in Albany, IL As of April 2026?
Over the past month, Albany has seen a slight uptick in housing sales, with new listings coming onto the market attracting interest from potential buyers. As warmer weather approaches, many families are looking to settle in before the school year begins, contributing to a quickened pace in sales. This increase also reflects a broader trend in the region as buyers seek homes with more land and outdoor space.
How much do homes sell for in Albany, IL?
The average home price is currently $172,429.
In Albany, IL, how many homes are available?
There are currently 2 active home listings available in Albany.
What’s the average rental cost in Albany, IL?
The average rental price in Albany is $1,250.
What is the most expensive home in Albany?
The most expensive home sold in Albany had a price of $731,973.
What is currently the cheapest priced home in Albany, IL?
The cheapest home for sale in Albany is priced at $10,979.
Living in Albany, IL
Albany, IL is a quaint village in Whiteside County, offering a welcoming small-town atmosphere ideal for families and retirees. The community hosts various events, has local amenities, and provides access to outdoor activities, all within a peaceful rural setting.
Buyer vs Seller Market in Albany, IL
The Albany real estate market remains stable, with a mix of affordable homes suitable for first-time buyers, as well as properties for those seeking larger spaces. Inventory levels in the area have been consistent, with homes being competitively priced in comparison to nearby towns.
There has been a gradual increase in home values over the past year, attributed to the steady demand for housing in the region. Albany's charm and affordability continue to attract homebuyers, leading to a healthy market with potential for growth.
Home Value Estimator For Albany, IL
There are currently 514 real estate properties
in Albany, IL,
with a median automated valuation model (AVM) price
of $162,777.00. 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, IL, 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, IL,
is $172,429.00, with the most expensive house
in Albany, IL, topping out
at $731,973.00 and the cheapest home
in Albany, IL,
clocking in at $10,979.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Albany, IL!
Rent Prices
In Albany, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Albany, IL, is on
a rollercoaster ride. The
average rent price in Albany, IL,
is $1,250.00. Indeed, when looking to rent in
Albany, IL, you can expect to pay as little
as $630.00 or as much
as $2,230.00,
with the average rent median estimated to
be $1,250.00. The good news is that finding
an affordable and desirable property to rent in Albany, IL
-- 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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