Housing in Albany, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$212,000
Median List Price
N/A
Price Per Sq Ft
$165
Days on Market
62
Active Inventory
7
Months of Supply
7.0
Buyer's market
Zillow Home Value
$162,221
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
94.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$165
Albany vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Albany is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$147,800
Median Rent
$721
Total Housing Units
356
Vacancy Rate
10.1%
Owner Occupied
90.9%
Renter Occupied
9.1%
Median Property Tax
$3,078
per year
Monthly Cost (w/ Mortgage)
$750
Housing Types
The current median sale price in Albany, IL is $212,000 according to Redfin data. Homes spend a median of 62 days on the market. 0.0% of homes sold above asking price. The market has 7.0 months of supply. The median price per square foot is $165. The median rent is $721 per month (Census ACS). About 90.9% of housing units are owner-occupied. The median year homes were built is 1971. There are 356 total housing units.