Zip 97321 (Albany, OR) Housing

Albany, Oregon (97321) is a vibrant city with an impressive housing market. The median value of homes in Albany is $459,400, which is significantly higher than the national median of $338,100. This number is indicative of the strong appreciation rate in Albany – currently at 9.26% over the last year – compared to the national average of 8.27%. With an increasing trend in housing prices and continued appreciation, Albany is likely to remain a desirable place to purchase a home for years to come.

The median home cost in Albany (zip 97321) is $459,400. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Albany (zip 97321) is up 14.2%.

Average Age of Homes

- The median age of Albany (zip 97321) real estate is 44 years old

The Rental Market in Albany (zip 97321)

- Renters make up 24.5% of the Albany (zip 97321) population
- 1.3% of houses and apartments in Albany (zip 97321), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Albany, Oregon	United States
	11,470.0	139,647,020.0
	44	42
	$459,400	$338,100
	14.2%	16.6%
	69.9%	57.0%
	144.5%	101.1%
	$11.43	$10.98
	$3,953	$2,690
	71.3%	57.4%
	4.0%	11.2%
	24.7%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.4%	0.4%
	0.1%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	0.9%	2.4%
	1.4%	2.8%
	0.1%	3.9%
	0.7%	4.5%
	4.6%	11.3%
	4.6%	13.0%
	21.3%	20.1%
	31.5%	13.6%
	16.8%	8.3%
	12.1%	9.7%
	2.7%	3.9%
	0.8%	2.2%
	0.3%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	17.9%	13.6%
	17.9%	13.6%
	11.4%	13.6%
	5.3%	13.2%
	13.9%	14.8%
	11.4%	13.6%
	8.0%	10.0%
	7.1%	4.7%
	14.6%	12.2%

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