Albany, GAHousing Market

Name: Albany, GA Housing Market - Price Trend Analysis
Creator: Houzeo
License: https://www.houzeo.com/terms-of-use/

Albany is a buyer's market right now. Homes are sitting on the market for 79 days on average. With 7.3 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Reviewed By Deepika RHousing Market Analyst

Albany, GA Housing Market Forecast 2026AI-powered forecast for prices, inventory & market trends

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Updated Monthly

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Real-time Analytics

Last updated

Live MLS Data |80 active homes tracked

|Data Sources:

First Multiple Listing Service-GA

Albany, GA Real Estate Market Snapshot

MEDIAN HOME PRICE

MORTGAGE RATES 30-YR 30-YR FIXED

LOAN TYPE

STATUS

DAYS ON MARKET

INVENTORY

Overview

Predictions

Supply

Demand

Is Now a Good Time to Buy in Albany? Here's What We Think

Now is a smart time to buy in Albany. The median sale price sits at $165,000, a marginal change from last year, with home sales seeing a 5% change over the same stretch. Use these numbers to figure out how much leverage you actually have at the table.

Median Sale PriceHomes SoldMedian Days on Market

Median Sale Price

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What this chart showsMedian Sale Price

This metric shows how home prices are trending in Albany. The median sale price is currently $165,000, a marginal change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo

1 Year3 Years5 Years

No Record Available

Albany

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Albany Housing Market Forecast for 2026

Albany's housing market is expected to keep favoring buyers in 2026, with modest price growth, rising inventory, and homes taking longer to sell.

Market Outlook:

Home prices expected to rise modestly by 2-4%, reflecting cooling demand
Months of supply forecast to hold near 4-6, giving buyers more choice
Homes being on the market longer gives buyers added leverage to negotiate price and terms

Will the Albany Housing Market Crash in 2026?

Expert consensus points to no. Albany is seeing steady demand with no signs of distressed selling. The market is simply rebalancing after a period of tight inventory, not heading toward a downturn. Buyers can expect more negotiating room and a wider selection through 2026.

UnlikelyCrash MeterLikely

Current Market Indicators

Days on Market:
79 days
Months of Supply:
7.3 months
Sale-to-List Ratio:
96.85%
Mortgage Rates:
Currently- 6.23% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in Albany Right Now?

Yes, buyers have plenty of options in Albany right now. The market has 182 active listings and 7.3 months of supply, giving buyers more choice and negotiating power. There were 53 new listings last month, while the inventory had a marginal change year-over-year.

Homes for SaleNewly Listed HomesMonths of Supply

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Newly Listed Homes

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Months of Supply

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What this chart showsHomes for Sale

This chart shows the total number of homes currently available for sale in Albany. There are currently 182 active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo

1 Year3 Years5 Years

No Record Available

Albany

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Are Buyers or Sellers Controlling the Albany Market?

Buyers currently have the upper hand in the Albany housing market. Homes are selling for 96.85% of their asking price, and price reductions saw a 27.06% change year-over-year. Frequent price cuts give buyers more room to negotiate and put pressure on sellers to compete.

Homes Sold Above List PriceHomes with Price DropsSale-to-List Ratio

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Homes with Price Drops

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Sale-to-List Ratio

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What this chart showsSold Above List

The line tracks the share of homes in Albany selling above their asking price over time. Currently, 20% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo

1 Year3 Years5 Years

No Record Available

Albany

Updated MonthlyLast Updated:

Frequently Asked Questions

How have Albany house prices changed over the past year?

Median home prices in Albany have seen a marginal change YoY, and now stand at $165,000. You can check your home's fair market value with our free home value estimator to compare prices in your neighborhood and know where you stand.

What are Albany real estate market predictions for 2026?

House prices in Albany, Georgia, should stabilize in the coming months. However, affordability remains a challenge across the Georgia housing market, due to rising mortgage rates.

What's the average home price in Albany?

The average house price in Albany depends on the property type, size, and local market conditions. Condos cost around $112,500, while single-family homes average $165,000. You can also find cheap homes for sale in Albany that fit your budget.

What is a good time to buy a home in Albany?

August to December is typically the best time to buy a house in Albany, when supply is high and demand is low. Before buying, check if mortgage rates are stable and ensure there's more than 6 months of housing inventory available. Make sure you assess the current housing market trends in Albany before you invest.

When will the Albany housing market crash?

According to housing market forecasts, the market is unlikely to crash in the near future. Home prices and demand should increase during the summer, and stabilize by winter. The market is projected to remain steady, with sustained growth through 2026 and beyond.

How to buy a home in Albany?

Set a clear budget and get a mortgage pre-approval. Then, explore homes for sale in Albany, submit your offers, secure loans, and complete the closing process.

How can I list my home for sale in Albany, GA?

You can list your home for sale with a Flat Fee MLS Georgia listing service. High-tech MLS listing sites like Houzeo automatically assign the right MLS paperwork based on your location. 🚀

What is the average mortgage rate for buyers in Albany?

The average mortgage rate for buyers fluctuates between 6.4% and 6.9%. It depends on the market and your credit score. Always check current rates with lenders before you apply.

What is a good time to sell a house in Albany?

February to July is typically the best time to sell a house in Albany, when demand is high and homes spend fewer days on the market. Carefully assess market trends in your specific area before you act.

Our MLS data sources

All sources updated daily

Median prices, rents and active inventory aggregated from MLS systems across Georgia.

First Multiple Listing Service-GA

Georgia MLS-GA

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
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