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Cheap Homes in Albany, OH

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Albany, OH Foreclosures

Current Market Conditions in in Albany, OH As of February 2026?
In the past month, the Albany real estate market has witnessed a slight uptick in home sales, driven by increased interest among buyers seeking affordable options in a more rural setting. The average time on the market for homes has decreased, indicating a quicker turnover as families are eager to relocate to the area. New listings have emerged, although inventory remains limited, which continues to create an environment conducive to competitive bidding.
How much do homes sell for in Albany, OH?
The average home price is currently $215,184.
In Albany, OH, how many homes are available?
There are currently 1 active home listings available in Albany.
What’s the average rental cost in Albany, OH?
The average rental price in Albany is $1,117.
What is the most expensive home in Albany?
The most expensive home sold in Albany had a price of $2,071,143.
What is currently the cheapest priced home in Albany, OH?
The cheapest home for sale in Albany is priced at $7,364.

Living in Albany, OH

Albany, Ohio, is a picturesque small town that offers a peaceful lifestyle surrounded by nature. With a friendly community, plenty of outdoor activities, and essential amenities, it's an ideal location for families and retirees. The town's close-knit atmosphere and beautiful landscapes make it a hidden gem in southeastern Ohio.

Buyer vs Seller Market in Albany, OH

The real estate market in Albany, OH, is currently experiencing a gradual increase in home prices, reflecting a trend of more families and individuals looking to settle in the area. The supply of homes for sale remains relatively low compared to demand, which has led to a competitive market, especially for single-family homes in desirable neighborhoods.

Recent statistics show that homes in Albany are selling faster than they did in previous years. Many listings receive multiple offers, often leading to sale prices that exceed initial asking prices. This trend is likely driven by improved connectivity to nearby larger cities and the appeal of Albany's rural lifestyle.

Home Value Estimator For Albany, OH

There are currently 1,934 real estate properties in Albany, OH, with a median automated valuation model (AVM) price of $192,049.00. 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, OH, 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, OH, is $215,184.00, with the most expensive house in Albany, OH, topping out at $2,071,143.00 and the cheapest home in Albany, OH, clocking in at $7,364.00. In other words, there’s something for every potential homebuyer or savvy investor in Albany, OH!

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.

Cheap Homes in Albany, OH

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