Real Estate Market Update for 31705 (Albany, GA)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 100% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. Compared to last year, the average number of days units spent on the market before being sold was down 100%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The number of units sold decreased 100% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 31705 (Albany, GA)
Area Information for 31705 (Albany, GA)
  • Population: 33,527
  • Median Age: 30.29 yr
  • Median Commute Time: 20 mins
  • Educational Climate*: 2
  • Sales Tax: 7%
  • Population Density: 217/sq mi
  • Population Change Since 2000: -13.78%
  • Closest Airport: Southwest Georgia Regional
  • Closest College: Albany State University
  • Closest Jr. College: Albany Technical College
  • Median Household Income: $27,844
  • Annual Residential Turnover: 21%
  • Median Home Sales Price: $52,000
  • Closest Major Sports Team: Georgia Swarm
  • Change Avg. Household Income Since 2000: 5.67%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 31705 (Albany, GA)
Median Age: 30.29 Married: 26% Number of Households: 11,219 Households with Children: 3,357
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 31705 (Albany, GA)

      School Name Distance Type Grades School Rating Parent Rating
      New Beginning Christian School 4.0 mi Private PRESCHOOL-12 0 0
      International Studies Elementary Charter School 9.2 mi Public K-5 3 0
      Radium Springs Middle School 9.5 mi Public 6-8 1 0
      Radium Springs Elementary School 9.7 mi Public PRESCHOOL-5 1 0
      Dougherty Comprehensive High School 10.0 mi Public 9-12 1 3
      Albany Early College 10.0 mi Public - 0 0
      Turner Elementary School 10.4 mi Public K-5 0 0
      New Birth Fellowship Christian Academy 10.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      Morningside Elementary School 10.7 mi Public K-5 0 0
      Emanuel Sda Jr Academy 10.9 mi Private 1-8 0 0
      Albany Middle School 11.6 mi Public 6-8 1 0
      Jackson Heights Elementary School 11.7 mi Public K-5 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for 31705 (Albany, GA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.