Albany, VT Foreclosures
How much do homes sell for in Albany, VT?
The average home price is currently $273,005.
What’s the average rental cost in Albany, VT?
The average rental price in Albany is $1,175.
What is the most expensive home in Albany?
The most expensive home sold in Albany had a price of $1,290,005.
What is currently the cheapest priced home in Albany, VT?
The cheapest home for sale in Albany is priced at $10,939.
Living in Albany, VT
Albany, VT, is a charming small town in the heart of the Green Mountains, known for its stunning landscapes and strong community spirit. The area is ideal for outdoor lovers and offers a peaceful lifestyle, complemented by local farm markets and family-friendly activities. With its convenient location, residents can enjoy rural living while being near the amenities of larger towns.
Current Market Conditions in Albany, VT
The real estate market in Albany, VT, is experiencing a steady increase in home prices, driven by the area's natural beauty and the growing demand for rural living. With many buyers looking to escape urban areas post-pandemic, Albany's listings are receiving considerable attention and competitive offers, particularly for homes with land and scenic views.
Current market trends indicate a balanced market with enough inventory for buyers, while sellers are benefiting from increased values. Homes in Albany typically receive multiple offers, especially those that are move-in ready or offer additional acreage. The appeal of the Vermont lifestyle is attracting both new residents and vacation home buyers, thus stimulating the local economy.
Home Value Estimator For Albany, VT
There are currently 202 real estate properties
in Albany, VT,
with a median automated valuation model (AVM) price
of $250,700.00. 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, VT, 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, VT,
is $273,005.00, with the most expensive house
in Albany, VT, topping out
at $1,290,005.00 and the cheapest home
in Albany, VT,
clocking in at $10,939.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Albany, VT!
Rent Prices
In Albany, VT
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Albany, VT, is on
a rollercoaster ride. The
average rent price in Albany, VT,
is $1,175.00. Indeed, when looking to rent in
Albany, VT, you can expect to pay as little
as $860.00 or as much
as $2,210.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Albany, VT
-- 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.
Learn more on Foreclosure homes
