Albany, OH—45710
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Albany, OH
As of Oct '25, the median home price in Albany, OH is $197,000, with a year-over-year change of 1.5%. This indicates that home prices in Albany, OH are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $197,000 | 1.5% |
| Single Family | $198,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $175,000 | 1.7% |
3 Bed | $233,000 | 3.1% |
4 Bed | $283,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Albany, OH
Albany, OH 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, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Albany, OH is 77. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $304,000 | 10.0% |
Listing Count | 15 | 16.0% |
| Listings as % of Homes | 0.3% | 16.0% |
Days on Market | 77 | 11.0% |
Demographics — Albany, OH
As of the latest ACS Survey released in 2023, Albany, OH has a population of 5,360, which has increased by 2.7% over the past 5 years. Albany, OH is a moderately popular place for families, as children make up 23.3% of the population. The area has a moderately educated workforce, with 27.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,360 | 2.7% |
% Under 18 | 23.3% | 44.7% |
% Seniors | 18.3% | -2.7% |
% WFH | 10.4% | 316.0% |
% w/ College Degree | 27.0% | 36.4% |
As of the latest ACS Survey released in 2023, Albany, OH is a predominantly white area, with 95.6% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Albany, OH is hispanic, making up 1.0% of the population. Foreign-born residents account for 0.1% of the population in Albany, OH, and this percentage has decreased by 83.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.6% | -3.1% |
% Black | 0.2% | -50.0% |
% Hispanic | 1.0% | 66.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.1% | -83.3% |
Mortgage and Risk — Albany, OH
According to HUD data as of 2023, there were 44 mortgage originations in Albany, OH, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Albany, OH. Investor activity is low, as 9.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 9.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Albany, OH
Albany, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 61 |
Total Units Section 8 | 49 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $890 |
| 3 Bedroom | N/A | N/A | $1,080 |
| 4 Bedroom | N/A | N/A | $1,350 |
Affordability — Albany, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $197,000 |
| Median Household Income | $78,900 |