47320 Real Estate Market

47320 Market

The median sale price for homes in 47320 over the last 12 months is $84,500.


The median mortgage debt is $62,020.

Additional Statistics for Single Family Homes and Condos in Albany, IN
$42,150
Median Listing Price
106
Median Days on Market
8
Active Listings
25.0%
Distressed Listings
(foreclosures and short sales)
47320 (Albany, IN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Albany is $42,150. The list prices dropped by -6.12% from the previous month.

The price per square foot for listings in this area is $40.

The median sale price in January for single family homes is $61,893. The sale prices increased by 14.61% from the previous month.

The price per square foot for sales in this area is $38.

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47320 (Albany, IN) Market Inventory Trends

The number of active listings in Albany dropped by 33.3% from the previous month.

The median number of days active properties have been listed is 106.

The number of sales increased by 100% from the previous month.

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47320 (Albany, IN) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.