Albany, GA—31721

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$235,000

0.3% YoY Growth

Household Income

$78,300

11.6% YoY Growth

Days on Market

12.0% Longer YoY

Home Price Forecast

2.2%

Median Rent

$1,140

10.0% YoY Growth

1-Bed Rent

$799

76.4% YoY Growth

2-Bed Rent

$1,050

22.0% YoY Growth

3-Bed Rent

$1,240

3.3% YoY Growth

Other Zip Codes in Albany, GA

39862 31707 31701 31705

Home Price Trends — Albany, GA

As of Dec '25, the median home price in Albany, GA is $235,000, with a year-over-year change of -0.3%. This indicates that home prices in Albany, GA are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$235,000	-0.3%
Single Family	$235,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$1,140	$1,210
Studio Rent	N/A	N/A
1 Bed Rent	$799	$1,060
2 Bed Rent	$1,050	$942
3 Bed Rent	$1,240	$1,240
4 Bed Rent	$1,800	$1,850

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$274,000	-5.0%
Listing Count	89	29.0%
Listings as % of Homes	0.5%	29.0%
Days on Market	71	12.0%

Metric	Latest Census	YoY % Change
Population	19,700	-4.5%
% Under 18	21.6%	-3.1%
% Seniors	21.1%	24.1%
% WFH	10.5%	320.0%
% w/ College Degree	38.3%	-2.0%

Metric	Latest Census	5-Year % Change
% White	35.9%	-19.5%
% Black	60.1%	23.9%
% Hispanic	0.7%	-82.5%
% Asian	1.3%	-31.6%
% Foreign Born	2.1%	-16.0%

Metric	Zip Code Average
Total Loan Originations	249
% Conventional Loans	52.0%
% Government Loans	48.0%
% Investor Loans	9.0%
% Second Loans	1.0%
% Cash Out Refinance	14.0%

Albany, GA—31721

Key Metrics at a Glance

Other Zip Codes in Albany, GA

Home Price Trends — Albany, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Albany, GA

% of Rental Stock

Property Listings — Albany, GA

Demographics — Albany, GA

Race and Ethnicity

Mortgage and Risk — Albany, GA

Mortgages

Rentals and Section 8 — Albany, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Albany, GA

Home Price to Income Ratio

Albany, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Albany, GA

Albany, GA

Newton, GA

Albany, GA

Albany, GA

Frequently Asked Questions

Total Units under HUD	120
Total Units Section 8	120
% Rentals under Section 8	4.7%
% Occupied Section 8	61.0%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$351	$799	$1,150
2 Bedroom	$250	$1,050	$1,300
3 Bedroom	$520	$1,240	$1,760
4 Bedroom	$310	$1,800	$2,110

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$235,000
Median Household Income	$78,300

Albany, GA—31721

Key Metrics at a Glance

Other Zip Codes in Albany, GA

Home Price Trends — Albany, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Albany, GA

% of Rental Stock

Property Listings — Albany, GA

Demographics — Albany, GA

Race and Ethnicity

Mortgage and Risk — Albany, GA

Mortgages

Rentals and Section 8 — Albany, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Albany, GA

Home Price to Income Ratio

Albany, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Albany, GA

Albany, GA

Newton, GA

Albany, GA

Albany, GA

Frequently Asked Questions

What is the average home price in Albany, GA 31721?

How have home prices in Albany, GA 31721 changed over the past year?

What is the home price projection for Albany, GA 31721?

What are the demographics of Albany, GA 31721?

How long does it take homes to sell in Albany, GA 31721?

What is the average rent price in Albany, GA 31721?