Guest, Sign inJoin

Post to Albany

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in
Albany, IndianaPhoto: Chris Flook · CC BY-SA 4.0
Housing in Albany

30 homes sold in Albany in the last year, at a typical $155K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Albany homes are listed.

Homes sold
30
June 2025 to May 2026
Typical sale price
$155K
median, weighted by sales
Price per square foot
$109
Indiana $148
Paid vs. asking
97.9%
30% sold over asking
For sale now
5
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 100% of Albany’s sales, at a typical $155K

30 homes sold in the year to May 2026.

Houses$155K

typical sale · 30 sold in 12 months

Per square foot
$109IN $148
Days to sell
13
Sold over asking
30%
Listings with a price cut
37%
11 years of sales

About as many homes sell as usual, at 2.4 times the 2016 price

30 sales in the last year, against 53 in 2020 and a low of 24 in 2014. The typical sale went from $64K in 2016 to $155K.

Homes soldTypical sale price
0255075100$50K$100K$150K$200K2014: 24 sold, typical $57K’142016: 28 sold, typical $64K2017: 25 sold, typical $69K’172018: 31 sold, typical $62K2019: 40 sold, typical $105K’192020: 53 sold, typical $103K2021: 34 sold, typical $117K’212022: 32 sold, typical $102K2023: 34 sold, typical $123K’232024: 30 sold, typical $144K2025: 35 sold, typical $147K’25Last 12 months: 30 sold, typical $155KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Albany

Houseat $109 a sq ft
The same money in Indianaat $148 a sq ft

Is this asking price fair?

Check a listing against what Albany homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 11 years of sales

Bidding wars in Albany are more common than before the pandemic, but three quarters fewer homes come up for sale

We read every month of Albany’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 30 sales.

If you’re buying in Albany

  • Shop in November. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
  • Offer under asking. Buyers paid 97.9% of the list price on average; 30% paid over.
  • Move fast on good ones. Two thirds of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; spring brings the bidding wars

July has the most new listings (about 4 a month), but May is the most competitive: 29% of May sales close over asking. November offers nearly as much choice with fewer homes bid up (10%). November has the least competition (10%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 11% sold over asking, 155 days to sellJFeb: 3 new listings a month, 11% sold over asking, 156 days to sellFMar: 2 new listings a month, 14% sold over asking, 271 days to sellMApr: 4 new listings a month, 13% sold over asking, 94 days to sellAMay: 3 new listings a month, 29% sold over asking, 97 days to sellMJun: 3 new listings a month, 15% sold over asking, 64 days to sellJJul: 4 new listings a month, 12% sold over asking, 175 days to sellJAug: 4 new listings a month, 20% sold over asking, 87 days to sellASep: 3 new listings a month, 17% sold over asking, 133 days to sellSOct: 3 new listings a month, 16% sold over asking, 82 days to sellONov: 4 new listings a month, 10% sold over asking, 70 days to sellNDec: 2 new listings a month, 20% sold over asking, 71 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Indiana

Albany now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price30%17%29%19%
Gone within two weeksShare of homes under contract within 14 days69%1%0%37%
Listings with a price cutShare of homes for sale that cut their price37%——33%
Price paid vs. askingAverage sale price ÷ list price97.9%94.8%97.9%97.7%
Days to sellMedian days from listing to contract1313210235
Supply

5 homes for sale on a typical day

That’s 1.4 times the 2022 low (3), 72% fewer than in 2017–19 and well under 2019’s 27.

2014: 18 for sale’142016: 15 for sale2017: 10 for sale2018: 11 for sale’182019: 27 for sale2020: 18 for sale2021: 8 for sale’212022: 3 for sale2023: 6 for sale2024: 4 for sale’242025: 4 for saleLast 12 months: 5 for saleNow
Room to negotiate

1 in 3 listings has cut its price

37% in the last year, against — in 2017–19 and 33% across Indiana.

2022: 50%’222023: 41%2024: 39%2025: 48%’25Last 12 months: 37%Now

Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Albany home costs about $903 a month

Mortgage
Property tax
Insurance
Rent

Price: Albany’s typical sale, last 12 months. Property tax at Albany’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Albany is affordable on local pay is on Cost of living.

Before you buy in Albany

Six things worth knowing

4

New listings in July

The month with the most choice. January has the fewest, about 2.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $155K home, about $1,130 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Albany, from test results, graduation and how much students grow.

Schools in Albany
32 min

Typical commute

The average one-way trip to work for people who live in Albany.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Muncie, Daleville and Alexandria sell for less a square foot

The busier markets within 25 miles of Albany, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Muncie723$138K$10020%28
Yorktown188$260K$13422%25
Alexandria76$148K$9213%42
Gas City40$171K$11915%63
Chesterfield31$148K$12432%22
Albany30$155K$10930%13
Daleville22$164K$9823%36

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Albany, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Albany. People who follow the town see it, and so do people comparing Albany with their own town. No commission, no listing fee.

Questions about buying a home in Albany

What do homes sell for in Albany, IN?

30 homes sold in the year to May 2026 at a typical $155K, $109 a square foot.

Is Albany a buyer’s or seller’s market?

A balanced market: 5 homes were for sale in May 2026 and 1 sold, about 5 months of supply. Buyers paid 97.9% of asking on average, and 37% of listings cut their price.

When is the best time to buy in Albany?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Albany?

About 0.7% of a home’s value a year. On a $155K home that’s near $1,130.

Where can I see homes for sale in Albany?

Zillow, Redfin, Realtor.com and Homes.com all carry Albany’s MLS listings; the search links above open each one filtered to Albany.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).