Foreclosure Homes in Albany, OH

Current Market Conditions in Albany, OH

The real estate market in Albany is currently favorable for both buyers and investors, with prices remaining stable and offering good potential for appreciation. The area has seen increasing interest due to its affordability compared to nearby urban centers, thus attracting families and retirees seeking a peaceful living environment.

With the rising trend of remote work, many individuals are looking for smaller towns that provide a good quality of life, making Albany an appealing location. The steady influx of new residents has contributed to a strong rental market as well, creating further investment opportunities for real estate investors.

Rent Prices In Albany, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Albany, OH, is on a rollercoaster ride. The average rent price in Albany, OH, is $1,117.00. Indeed, when looking to rent in Albany, OH, you can expect to pay as little as $470.00 or as much as $2,070.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Albany, OH -- 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.