Albany, LA 70711 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Albany, LA—70711

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$227,000

2.1% YoY Growth

Household Income

$89,300

21.2% YoY Growth

Days on Market

62.0% Longer YoY

Home Price Forecast

-0.4%

Median Rent

$1,550

3.3% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,550

N/A

Home Price Trends — Albany, LA

As of Dec '25, the median home price in Albany, LA is $227,000, with a year-over-year change of 2.1%. This indicates that home prices in Albany, LA are increasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$227,000	2.1%
Single Family	$228,000	2.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Albany, LA

As of July '25, Rentcast reports the average rent in Albany, LA is $1,550, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Albany, LA is 3-bedrooms: $1,550. The most common rental property sizes in Albany, LA are 2-bedroom and 3-bedroom, accounting for 40.2% and 29.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,550	$1,550
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,550	$1,550
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.0%

1 Bedroom

26.7%

2 Bedrooms

40.2%

3 Bedrooms

29.0%

5+ Bedrooms

3.1%

Property Listings — Albany, LA

As of Dec '25, Realtor.com reports that the median days on market for a home in Albany, LA is 90. This is a increase of 94.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$223,000	-13.0%
Listing Count	14	95.0%
Listings as % of Homes	0.3%	95.0%
Days on Market	62	62.0%

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Demographics — Albany, LA

As of the latest ACS Survey released in 2023, Albany, LA has a population of 5,620, which has increased by 22.8% over the past 5 years. Albany, LA is a popular place for families, as children make up 28.1% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,620	22.8%
% Under 18	28.1%	-3.8%
% Seniors	19.2%	20.8%
% WFH	1.6%	-38.5%
% w/ College Degree	17.1%	-29.9%

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As of the latest ACS Survey released in 2023, Albany, LA is a predominantly white area, with 88.3% of the population identifying as white. The white population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Albany, LA is hispanic, making up 6.2% of the population. Foreign-born residents account for 6.2% of the population in Albany, LA, and this percentage has increased by 6100.0% 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	88.3%	-9.3%
% Black	0.1%	-87.5%
% Hispanic	6.2%	244.4%
% Asian	0.0%	N/A
% Foreign Born	6.2%	6,100.0%

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Mortgage and Risk — Albany, LA

According to HUD data as of 2023, there were 74 mortgage originations in Albany, LA, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Albany, LA. Investor activity is low, as 5.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	74
% Conventional Loans	78.0%
% Government Loans	22.0%
% Investor Loans	5.0%
% Second Loans	3.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Albany, LA

Albany, LA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	27
Total Units Section 8	0
% Rentals under Section 8	0.5%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,020
2 Bedroom	N/A	N/A	$1,150
3 Bedroom	-$110	$1,550	$1,440
4 Bedroom	N/A	N/A	$1,920

Albany, LA—70711

Key Metrics at a Glance

Home Price Trends — Albany, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Albany, LA

% of Rental Stock

Property Listings — Albany, LA

Demographics — Albany, LA

Race and Ethnicity

Mortgage and Risk — Albany, LA

Mortgages

Rentals and Section 8 — Albany, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Albany, LA

Home Price to Income Ratio

Albany, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Holden, LA

Tickfaw, LA

Independence, LA

Hammond, LA

University Place

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.4
Median Home Price	$227,000
Median Household Income	$89,300

Albany, LA—70711

Key Metrics at a Glance

Home Price Trends — Albany, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Albany, LA

% of Rental Stock

Property Listings — Albany, LA

Demographics — Albany, LA

Race and Ethnicity

Mortgage and Risk — Albany, LA

Mortgages

Rentals and Section 8 — Albany, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Albany, LA

Home Price to Income Ratio

Albany, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Holden, LA

Tickfaw, LA

Independence, LA

Hammond, LA

University Place

Frequently Asked Questions

What is the average home price in Albany, LA 70711?

How have home prices in Albany, LA 70711 changed over the past year?

What is the home price projection for Albany, LA 70711?

What are the demographics of Albany, LA 70711?

How long does it take homes to sell in Albany, LA 70711?

What is the average rent price in Albany, LA 70711?