Albany Real Estate Market Extends Weakening in Home Prices

There was one home sale in the Albany market over the last 30 days, exceeding the 0.7 monthly average for the last 12 months. To put it in perspective, close-by Muncie registered 14 homes sold in the same time frame, the most of all surrounding cities. The median sales price continued to fall, trending downwards for eight weeks to reach $7,650. With just one month of inventory available and sales going up, Albany is a definite seller's market.

Get started right now by checking out Albany homes for sale or reviewing Albany real estate trends.

Demographic facts for Albany:

  • The population density is 1,235.5 people per square mile.
  • The lifestyle rating here is 42. (Scale: 1 = Worst, 100 = Best)
  • The breakdown of residents commuting to work is 80.1% by car, 14.3% by carpool, and 0.8% by public transit.

Data reported through 10/12/2016

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