The housing in Albany, GA (zip code 31707) is an attractive option for potential homebuyers. The median value of a house in this area stands at $131,600, which is significantly lower than the US median value of $338,100. Furthermore, the one year house appreciation rate in Albany was 12.86%, which is higher than the national average of 8.27%. This indicates that now might be a great time to invest in real estate in this area. Furthermore, Albany offers some great amenities such as beautiful parks and recreational activities that make it an ideal place to call home.
The median home cost in Albany (zip 31707) is $131,600. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Albany (zip 31707) is up 18.0%.
Average Age of Homes
- The median age of Albany (zip 31707) real estate is 42 years old
The Rental Market in Albany (zip 31707)
- Renters make up 51.7% of the Albany (zip 31707) population
- 5.1% of houses and apartments in Albany (zip 31707), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.