Real Estate Market Update for Albany, GA
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 40% from one year earlier, and up 100% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 110-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold did not change reflecting virtually no change in the local inventory-turnover rate. The number of units sold was consistent year-over-year, and decreased 100% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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 Albany, GA

Area Information for Albany, GA
  • Population: 71,872
  • Median Age: 34.21 yr
  • Median Commute Time: 18 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 1,304/sq mi
  • Population Change Since 2000: -5.36%
  • Closest Airport: Southwest Georgia Regional
  • Closest College: Albany State University
  • Closest Jr. College: Albany Technical College
  • Median Household Income: $37,783
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $116,950
  • Closest Major Sports Team: Atlanta Braves
  • Change Avg. Household Income Since 2000: 26.82%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Albany, GA
Median Age: 34.21 Married: 24% Number of Households: 27,709 Households with Children: 7,899
    • 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 Albany, GA

      School Name Distance Type Grades School Rating
      Lincoln Elementary Magnet School 0.6 mi Public K-5 2
      South Ga Regional Achievement Center 1.1 mi Public 6-12 0
      Monroe Comprehensive High School 1.6 mi Public 9-12 0
      Commodore Conyers College And Career Academy 1.7 mi Public 9-12 0
      St. Teresa's School 2.0 mi Catholic PRESCHOOL-12 0
      Merry Acres Middle School 2.0 mi Public 6-8 0
      Robert H. Harvey Elementary School 2.0 mi Public K-5 0
      Northside Elementary School 2.2 mi Public K-5 0
      Morningside Elementary School 2.3 mi Public K-5 0
      Emanuel Sda Jr Academy 2.4 mi Private 1-8 0
      Albany Middle School 2.8 mi Public 6-8 0
      New Birth Fellowship Christian Academy 2.8 mi Private PRESCHOOL-PRESCHOOL 0
      Alice Coachman Elementary School 2.9 mi Public K-5 0
      West Town Elementary School 3.0 mi Public K-5 0
      Dougherty Comprehensive High School 3.0 mi Public 9-12 0
      Sherwood Acres Elementary School 3.2 mi Public K-5 1
      Lake Park Elementary School 3.3 mi Public K-5 3
      Turner Elementary School 3.3 mi Public K-5 1
      Radium Springs Elementary School 3.5 mi Public K-5 0
      Martin Luther King- Jr. Elementary School 3.6 mi Public K-5 0
      Southwest Georgia Institute Of Education 3.6 mi Private 9-12 0
      Westover Comprehensive High School 3.7 mi Public 9-12 2
      Deerfield-windsor School 3.7 mi Private PRESCHOOL-12 0
      International Studies Elementary Charter School 3.8 mi Public K-5 2
      Radium Springs Middle School 4.2 mi Public 6-8 0
      Lamar Reese School Of The Arts 4.6 mi Public K-5 1
      Byne Christian School 4.6 mi Private PRESCHOOL-12 0
      Robert A Cross Middle Magnet School 5.6 mi Public 6-8 4
      Sherwood Christian Academy 6.9 mi Private PRESCHOOL-12 0
      Live Oak Elementary School 6.9 mi Public K-5 1
      God's Foundation Christian Academy 10.2 mi Private PRESCHOOL-PRESCHOOL 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.
      Local Weather for Albany, GA
        Data powered by Attom Data Solutions. Copyright© 2022. Information 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.