Albany, GA—39862
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Albany, GA
Albany, GA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $114,000 | -13.8% |
| Single Family | $114,000 | -14.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Albany, GA
Albany, GA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Albany, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Albany, GA is 36. This is a decrease of -85.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $176,000 | 404.0% |
Listing Count | 1 | -40.0% |
| Listings as % of Homes | 0.2% | -40.0% |
Days on Market | 36 | -85.0% |
Demographics — Albany, GA
As of the latest ACS Survey released in 2023, Albany, GA has a population of 789, which has decreased by -44.0% over the past 5 years. Albany, GA is a less popular place for families, as children make up 12.0% of the population. The area has a moderately educated workforce, with 33.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 789 | -44.0% |
% Under 18 | 12.0% | -43.9% |
% Seniors | 42.7% | 28.2% |
% WFH | 10.2% | 72.9% |
% w/ College Degree | 33.8% | 166.1% |
As of the latest ACS Survey released in 2023, Albany, GA is a predominantly white area, with 51.6% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Albany, GA is black, making up 43.5% of the population. Foreign-born residents account for 3.3% of the population in Albany, GA, and this percentage has increased by 200.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 51.6% | -7.0% |
% Black | 43.5% | 2.8% |
% Hispanic | 2.9% | 61.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.3% | 200.0% |
Mortgage and Risk — Albany, GA
According to HUD data as of 2023, there were 11 mortgage originations in Albany, GA, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 90.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Albany, GA. Investor activity is high, as 27.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 11 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 27.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Albany, GA
Albany, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — Albany, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $114,000 |
| Median Household Income | $46,500 |