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Albany, GA Real Estate


According to census data in the year 2000 there were 32,168 housing units in Albany. This represents a 5.1% growth from 30,603 in 1990.

Of those housing units, 31,895 were located in either urbanized areas or urban clusters, and 273 were located in what is classified as a rural area.

Homeownership rate in Albany is about 47.4%. Albany's vacancy rate, including seasonal lodging, is about 10.8%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Albany were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom13.90%
Two Bedrooms29.70%
Three Bedrooms44.50%
Four Bedrooms8.80%
Five Bedrooms or more0.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1968
Median Value of occupied units$71,300
Median Price asked for vacant units$57,700

Rented Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1974
Median Monthly Rent asked for vacant units$352

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.60%
Home Equity Loan6.60%
Simple Mortgage56%
Debt Free29.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%