Home/Albany/Market Report

Albany Housing Market Report

August 2026 • Updated daily from MLS data

$186,925
Average Price
4
Active Listings
54
Avg Days on Market
$123
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Albany broken down by property type

Price Distribution

How Albany home prices are distributed across price ranges

Under $100K
0
$100K–$200K
2
2
$200K–$300K
2
2
$300K–$500K
0
$500K–$750K
0
$750K–$1M
0
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in Albany

0
1 Bed
0
2 Bed
4
3 Bed
0
4 Bed
0
5+ Bed

Demographics & Community

Census data for Albany, Illinois

691
Population
$64,000
Median Household Income
41.9
Median Age
$146,800
Census Median Home Value

Housing Occupancy

Total Housing Units326
Owner-Occupied265 (89.5%)
Renter-Occupied31 (10.5%)
Vacant Units30
Median Rent$676/mo

Commute & Education

Median Commute280 min
Work From Home1.2%
0
Bachelor's Degree+12.3%
High School Diploma+5.5%

Affordability & Housing Costs

HUD data for the Albany area

Fair Market Rent (2024)

Studio$589/mo
1 Bedroom$644/mo
2 Bedroom$846/mo
3 Bedroom$1,033/mo
4 Bedroom$1,127/mo

Income Limits (2024)

Median Family Income$85,500
Low Income (4-person)$68,400
Very Low Income (4-person)$42,750
Extremely Low (4-person)$31,200

Safety & Crime Statistics

Crime data for Albany (2023)

1
Violent Crimes
1
Property Crimes
0
Burglaries
1
Vehicle Thefts

School Districts

School districts serving Albany properties

2
1

Featured Listings in Albany

Top properties currently on the market

Save $3,208 on the Average Albany Home

Traditional agents charge 3% commission ($5,608). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.