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Albany, OR Housing

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As of 2010-2014, median price of a house in Albany is $173,800, which is lower than the state average of $234,100 and is about the same as the national average of $175,700. The Albany median house value has grown by 31.07% since 2000. The growth rate for the price of a house in Albany is lower than the state average rate of 53.91% and is lower than the national average rate of 46.91%. The median year that a house in Albany was built is 1977, which is about the same as the median year for a house built in the state which is 1977 and is about the same as 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 11,519 Owner Occupied Houses in Albany, OR, #169

Albany, OR	173,800 USD
Oregon	234,100 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #236

Albany, OR	31.07%
Oregon	53.91%
U.S.	46.91%

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, OR	Oregon	U.S.
Total Housing Units	20,988, see rank, 100%	1,685,814	132,741,033
Occupied Housing Units	19,512, 92.97%, see rank	90.34%	87.55%
Owner Occupied	11,519, 54.88%, see rank	55.57%	56.34%
Renter Occupied	7,993, 38.08%, see rank	34.77%	31.21%
Vacant Housing Units	1,476, 7.03%, see rank	9.66%	12.45%
For Rent	491, 2.34%, see rank	1.69%	2.34%
For Sale Only	226, 1.08%, see rank	1.09%	1.20%
Rented or Sold, Not Occupied	385, 1.83%, see rank	0.79%	0.92%
For Seasonal, Recreational, or Occasional Use	77, 0.37%, see rank	3.53%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.04%	0.03%
Other Vacant	297, 1.42%, see rank	2.53%	4.00%

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

Year Structure Built

Median Built Year, #164

Albany, OR	Oregon	U.S.
1977	1977	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, OR	%	Oregon	U.S.
Owner-Occupied Units	11,519	100%	936,806	74,787,460
With a Mortgage	8,286	71.93%, see rank	68.22%	65.58%
Without a Mortgage	3,233	28.07%, see rank	31.78%	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, OR	1,386 USD
Oregon	1,591 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Albany, OR	%	Oregon	U.S.
$299 or Less	0	0.00%, see rank	0.20%	0.20%
$300 to $499	250	3.02%, see rank	1.25%	1.59%
$500 to $699	249	3.01%, see rank	3.37%	5.01%
$700 to $999	938	11.32%, see rank	10.52%	14.32%
$1,000 to $1,499	3,516	42.43%, see rank	29.19%	27.90%
$1,500 to $1,999	1,964	23.70%, see rank	26.64%	20.35%
$2,000 to $2,999	1,215	14.66%, see rank	21.71%	19.52%
$3,000 or More	154	1.86%, see rank	7.11%	11.12%

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

Albany, OR	23.80% of the Total Income
Oregon	25.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Albany, OR	%	Oregon	U.S.
10% or Less	301	3.63%, see rank	4.64%	5.86%
10% to 20%	2,782	33.57%, see rank	27.53%	31.95%
20% to 30%	2,640	31.86%, see rank	29.39%	27.64%
30% to 40%	1,372	16.56%, see rank	15.83%	13.74%
40% or More	1,183	14.28%, see rank	22.13%	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, OR	471 USD
Oregon	464 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Albany, OR	%	Oregon	U.S.
$199 or Less	306	9.46%, see rank	6.78%	7.76%
$200 to $299	242	7.49%, see rank	12.06%	14.70%
$300 to $499	1,247	38.57%, see rank	38.27%	34.63%
$500 to $699	1,044	32.29%, see rank	26.55%	21.16%
$700 or More	394	12.19%, see rank	16.35%	21.75%

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

Albany, OR	12.30% of the Total Income
Oregon	12.70% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Albany, OR	%	Oregon	U.S.
10% or Less	1,230	38.05%, see rank	38.74%	40.19%
10% to 20%	1,012	31.30%, see rank	32.07%	31.47%
20% to 30%	454	14.04%, see rank	12.87%	12.24%
30% to 40%	162	5.01%, see rank	5.91%	5.64%
40% or More	311	9.62%, see rank	9.37%	9.16%

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

Units in Structure

	Albany, OR	Oregon	U.S.
Total Housing Units	20,988, 100%	1,685,814	132,741,033
1-unit, Detached	13,625, 64.92%, see rank	63.70%	61.65%
1-unit, Attached	881, 4.20%, see rank	4.42%	5.82%
2 Units	1,050, 5.00%, see rank	2.87%	3.75%
3 or 4 Units	1,493, 7.11%, see rank	4.41%	4.43%
5 to 9 Units	905, 4.31%, see rank	4.41%	4.78%
10 or More Units	1,864, 8.88%, see rank	11.63%	13.08%
Mobile Home, Boat, RV, Van, etc.	1,170, 5.57%, see rank	8.55%	6.49%

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

Rooms

	Albany, OR	Oregon	U.S.
Total Housing Units	20,988, 100%	1,685,814	132,741,033
1 Room	246, 1.17%, see rank	2.21%	1.95%
2 Rooms	618, 2.94%, see rank	3.46%	2.48%
3 Rooms	1,598, 7.61%, see rank	8.58%	9.13%
4 Rooms	4,410, 21.01%, see rank	17.74%	16.60%
5 Rooms	4,645, 22.13%, see rank	20.85%	20.41%
6 Rooms	4,131, 19.68%, see rank	17.61%	18.06%
7 Rooms	2,435, 11.60%, see rank	11.97%	12.27%
8 Rooms	1,237, 5.89%, see rank	7.73%	8.48%
9 Rooms or More	1,668, 7.95%, see rank	9.85%	10.60%
Median Rooms	5.30, see rank	5.40	5.50

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

Bedrooms

	Albany, OR	Oregon	U.S.
Total Housing Units	20,988, 100%	1,685,814	132,741,033
No Bedroom	340, 1.62%, see rank	2.52%	2.17%
1 Bedroom	1,938, 9.23%, see rank	10.17%	11.16%
2 Bedrooms	6,165, 29.37%, see rank	28.12%	26.69%
3 Bedrooms	9,534, 45.43%, see rank	41.99%	39.70%
4 Bedrooms	2,459, 11.72%, see rank	13.78%	16.05%
5 or More Bedrooms	552, 2.63%, see rank	3.42%	4.22%

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

House Heating Fuel

	Albany, OR	Oregon	U.S.
Total Housing Units	19,512, 100%	1,522,988	116,211,092
Utility Gas	9,436, 48.36%, see rank	38.19%	48.85%
Bottled, Tank, or LP Gas	209, 1.07%, see rank	1.64%	4.86%
Electricity	9,190, 47.10%, see rank	49.20%	36.68%
Fuel Oil, Kerosene, etc.	46, 0.24%, see rank	2.78%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	470, 2.41%, see rank	7.04%	2.12%
Solar Energy	20, 0.10%, see rank	0.05%	0.05%
Other Fuel	94, 0.48%, see rank	0.77%	0.47%
No Fuel Used	47, 0.24%, see rank	0.33%	1.00%

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

Gross Rent

Monthly Rental	Albany, OR	Oregon	U.S.
Occupied Units Paying Rent	7,782, 100%	561,173	39,201,928
$199 or Less	153, 1.97%, see rank	1.32%	1.50%
$200 to $299	174, 2.24%, see rank	2.39%	3.18%
$300 to $499	515, 6.62%, see rank	5.58%	7.37%
$500 to $699	1,917, 24.63%, see rank	15.63%	16.01%
$700 to $999	3,044, 39.12%, see rank	37.30%	29.17%
$1,000 to $1,499	1,709, 21.96%, see rank	26.96%	26.88%
$1,500 to $1,999	207, 2.66%, see rank	7.51%	9.79%
$2,000 or More	63, 0.81%, see rank	3.30%	6.10%
Median	$791, see rank	$894	$920

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

Vehicle Available

	Albany, OR	Oregon	U.S.
Occupied Housing Units	19,512, 100%	1,522,988	116,211,092
No Vehicles Available	1,556, 7.97%, see rank	8.00%	9.12%
1 Vehicles Available	6,769, 34.69%, see rank	32.67%	33.80%
2 Vehicles Available	7,439, 38.13%, see rank	38.13%	37.48%
3 or More Vehicles Available	3,748, 19.21%, see rank	21.20%	19.61%

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