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Albany Metro Area Housing

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As of 2010-2014, median price of a house in Albany Area is $103,900, which is lower than the state average of $148,000 and is much lower than the national average of $175,700. The median year that a house in Albany Area was built is 1979, which is older than the median year for a house built in the state which is 1987 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 32,825 Owner Occupied Houses in Albany Area, #603

Albany Area	103,900 USD
Georgia	148,000 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Albany Area	4.00%
Georgia	33.09%
U.S.	46.91%

*The Albany Area median house price growth rate is since 2005-2009. The Georgia and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Albany Area	Georgia	U.S.
Total Housing Units	66,257, see rank, 100%	4,114,496	132,741,033
Occupied Housing Units	58,250, 87.92%, see rank	86.05%	87.55%
Owner Occupied	32,825, 49.54%, see rank	55.22%	56.34%
Renter Occupied	25,425, 38.37%, see rank	30.83%	31.21%
Vacant Housing Units	8,007, 12.08%, see rank	13.95%	12.45%
For Rent	2,607, 3.93%, see rank	3.35%	2.34%
For Sale Only	563, 0.85%, see rank	1.73%	1.20%
Rented or Sold, Not Occupied	1,023, 1.54%, see rank	0.98%	0.92%
For Seasonal, Recreational, or Occasional Use	805, 1.21%, see rank	2.49%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	3,009, 4.54%, see rank	5.37%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #299

Albany Area	Georgia	U.S.
1979	1987	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Albany Area	%	Georgia	U.S.
Owner-Occupied Units	32,825	100%	2,272,001	74,787,460
With a Mortgage	19,711	60.05%, see rank	69.06%	65.58%
Without a Mortgage	13,114	39.95%, see rank	30.94%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Albany Area	1,167 USD
Georgia	1,388 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Albany Area	%	Georgia	U.S.
$299 or Less	41	0.21%, see rank	0.21%	0.20%
$300 to $499	462	2.34%, see rank	1.46%	1.59%
$500 to $699	1,839	9.33%, see rank	5.32%	5.01%
$700 to $999	4,574	23.21%, see rank	16.52%	14.32%
$1,000 to $1,499	7,561	38.36%, see rank	33.53%	27.90%
$1,500 to $1,999	3,033	15.39%, see rank	21.11%	20.35%
$2,000 to $2,999	1,692	8.58%, see rank	15.58%	19.52%
$3,000 or More	509	2.58%, see rank	6.27%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Albany Area	22.50% of the Total Income
Georgia	23.40% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Albany Area	%	Georgia	U.S.
10% or Less	1,638	8.31%, see rank	6.08%	5.86%
10% to 20%	6,878	34.89%, see rank	32.84%	31.95%
20% to 30%	4,527	22.97%, see rank	26.81%	27.64%
30% to 40%	2,244	11.38%, see rank	13.21%	13.74%
40% or More	4,241	21.52%, see rank	20.25%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Albany Area	394 USD
Georgia	394 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Albany Area	%	Georgia	U.S.
$199 or Less	985	7.51%, see rank	8.37%	7.76%
$200 to $299	2,387	18.20%, see rank	19.80%	14.70%
$300 to $499	5,946	45.34%, see rank	40.86%	34.63%
$500 to $699	2,456	18.73%, see rank	18.40%	21.16%
$700 or More	1,340	10.22%, see rank	12.57%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Albany Area	12.90% of the Total Income
Georgia	11.60% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Albany Area	%	Georgia	U.S.
10% or Less	4,808	36.66%, see rank	42.94%	40.19%
10% to 20%	4,093	31.21%, see rank	30.37%	31.47%
20% to 30%	1,938	14.78%, see rank	11.52%	12.24%
30% to 40%	676	5.15%, see rank	5.07%	5.64%
40% or More	1,148	8.75%, see rank	8.33%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Albany Area	Georgia	U.S.
Total Housing Units	66,257, 100%	4,114,496	132,741,033
1-unit, Detached	41,595, 62.78%, see rank	66.44%	61.65%
1-unit, Attached	1,499, 2.26%, see rank	3.70%	5.82%
2 Units	4,874, 7.36%, see rank	2.26%	3.75%
3 or 4 Units	3,861, 5.83%, see rank	3.02%	4.43%
5 to 9 Units	4,065, 6.14%, see rank	5.10%	4.78%
10 or More Units	2,108, 3.18%, see rank	10.14%	13.08%
Mobile Home, Boat, RV, Van, etc.	8,255, 12.46%, see rank	9.34%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Albany Area	Georgia	U.S.
Total Housing Units	66,257, 100%	4,114,496	132,741,033
1 Room	615, 0.93%, see rank	1.17%	1.95%
2 Rooms	492, 0.74%, see rank	1.24%	2.48%
3 Rooms	4,435, 6.69%, see rank	6.18%	9.13%
4 Rooms	11,058, 16.69%, see rank	14.51%	16.60%
5 Rooms	18,270, 27.57%, see rank	21.23%	20.41%
6 Rooms	13,763, 20.77%, see rank	19.50%	18.06%
7 Rooms	8,327, 12.57%, see rank	13.41%	12.27%
8 Rooms	4,755, 7.18%, see rank	9.62%	8.48%
9 Rooms or More	4,542, 6.86%, see rank	13.12%	10.60%
Median Rooms	5.40, see rank	5.80	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Albany Area	Georgia	U.S.
Total Housing Units	66,257, 100%	4,114,496	132,741,033
No Bedroom	675, 1.02%, see rank	1.26%	2.17%
1 Bedroom	3,877, 5.85%, see rank	7.39%	11.16%
2 Bedrooms	16,298, 24.60%, see rank	23.13%	26.69%
3 Bedrooms	35,223, 53.16%, see rank	43.93%	39.70%
4 Bedrooms	9,067, 13.68%, see rank	18.08%	16.05%
5 or More Bedrooms	1,117, 1.69%, see rank	6.22%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Albany Area	Georgia	U.S.
Total Housing Units	58,250, 100%	3,540,690	116,211,092
Utility Gas	8,910, 15.30%, see rank	40.63%	48.85%
Bottled, Tank, or LP Gas	3,166, 5.44%, see rank	5.27%	4.86%
Electricity	45,310, 77.79%, see rank	52.46%	36.68%
Fuel Oil, Kerosene, etc.	142, 0.24%, see rank	0.22%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	319, 0.55%, see rank	0.99%	2.12%
Solar Energy	0, 0.00%, see rank	0.01%	0.05%
Other Fuel	33, 0.06%, see rank	0.08%	0.47%
No Fuel Used	370, 0.64%, see rank	0.32%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Albany Area	Georgia	U.S.
Occupied Units Paying Rent	23,785, 100%	1,190,014	39,201,928
$199 or Less	343, 1.44%, see rank	1.50%	1.50%
$200 to $299	726, 3.05%, see rank	2.66%	3.18%
$300 to $499	3,264, 13.72%, see rank	7.45%	7.37%
$500 to $699	7,208, 30.30%, see rank	17.24%	16.01%
$700 to $999	9,206, 38.71%, see rank	35.81%	29.17%
$1,000 to $1,499	2,586, 10.87%, see rank	27.76%	26.88%
$1,500 to $1,999	308, 1.29%, see rank	5.62%	9.79%
$2,000 or More	144, 0.61%, see rank	1.96%	6.10%
Median	$710, see rank	$874	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Albany Area	Georgia	U.S.
Occupied Housing Units	58,250, 100%	3,540,690	116,211,092
No Vehicles Available	6,099, 10.47%, see rank	6.87%	9.12%
1 Vehicles Available	21,292, 36.55%, see rank	34.11%	33.80%
2 Vehicles Available	20,127, 34.55%, see rank	38.56%	37.48%
3 or More Vehicles Available	10,732, 18.42%, see rank	20.46%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.