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Albany, LA Housing

 
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As of 2010-2014, median price of a house in Albany is $152,500, which is higher than the state average of $140,400 and is lower than the national average of $175,700. The Albany median house value has grown by 97.80% since 2000. The growth rate for the price of a house in Albany is higher than the state average rate of 65.18% and is much higher than the national average rate of 46.91%. The median year that a house in Albany was built is 1993, which is newer than the median year for a house built in the state which is 1978 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 315 Owner Occupied Houses in Albany, LA, #75
Albany, LA
152,500 USD
Louisiana
140,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #36
Albany, LA
97.80%
Louisiana
65.18%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Albany, LALouisianaU.S.
Total Housing Units561, see rank, 100%1,988,460132,741,033
Occupied Housing Units531, 94.65%, see rank86.44%87.55%
Owner Occupied315, 56.15%, see rank57.32%56.34%
Renter Occupied216, 38.50%, see rank29.12%31.21%
Vacant Housing Units30, 5.35%, see rank13.56%12.45%
For Rent20, 3.57%, see rank2.63%2.34%
For Sale Only0, 0.00%, see rank1.10%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.95%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank2.59%3.97%
For Migrant Workers0, 0.00%, see rank0.08%0.03%
Other Vacant10, 1.78%, see rank6.22%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #26
Albany, LALouisianaU.S.
199319781976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Albany, LA%LouisianaU.S.
Owner-Occupied Units315100%1,139,75674,787,460
With a Mortgage23073.02%, see rank54.76%65.58%
Without a Mortgage8526.98%, see rank45.24%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Albany, LA
1,125 USD
Louisiana
1,207 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsAlbany, LA%LouisianaU.S.
$299 or Less00.00%, see rank0.30%0.20%
$300 to $49983.48%, see rank3.00%1.59%
$500 to $6992912.61%, see rank9.69%5.01%
$700 to $9994117.83%, see rank21.94%14.32%
$1,000 to $1,49910244.35%, see rank32.94%27.90%
$1,500 to $1,9995021.74%, see rank17.38%20.35%
$2,000 to $2,99900.00%, see rank11.03%19.52%
$3,000 or More00.00%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Albany, LA
17.10% of the Total Income
Louisiana
20.90% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Albany, LA%LouisianaU.S.
10% or Less5122.17%, see rank9.69%5.86%
10% to 20%12956.09%, see rank37.39%31.95%
20% to 30%2912.61%, see rank23.78%27.64%
30% to 40%31.30%, see rank11.02%13.74%
40% or More187.83%, see rank17.58%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Albany, LA
313 USD
Louisiana
321 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsAlbany, LA%LouisianaU.S.
$199 or Less1112.94%, see rank19.26%7.76%
$200 to $2992529.41%, see rank25.79%14.70%
$300 to $4993541.18%, see rank35.65%34.63%
$500 to $6991112.94%, see rank12.17%21.16%
$700 or More33.53%, see rank7.14%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Albany, LA
10.00% of the Total Income
Louisiana
10.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Albany, LA%LouisianaU.S.
10% or Less4755.29%, see rank50.56%40.19%
10% to 20%2327.06%, see rank27.19%31.47%
20% to 30%33.53%, see rank9.73%12.24%
30% to 40%33.53%, see rank4.05%5.64%
40% or More910.59%, see rank6.80%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Albany, LALouisianaU.S.
Total Housing Units561, 100%1,988,460132,741,033
1-unit, Detached352, 62.75%, see rank65.06%61.65%
1-unit, Attached3, 0.53%, see rank3.07%5.82%
2 Units19, 3.39%, see rank3.90%3.75%
3 or 4 Units50, 8.91%, see rank4.26%4.43%
5 to 9 Units29, 5.17%, see rank3.33%4.78%
10 or More Units37, 6.60%, see rank6.95%13.08%
Mobile Home, Boat, RV, Van, etc.71, 12.66%, see rank13.43%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Albany, LALouisianaU.S.
Total Housing Units561, 100%1,988,460132,741,033
1 Room23, 4.10%, see rank1.30%1.95%
2 Rooms16, 2.85%, see rank1.78%2.48%
3 Rooms84, 14.97%, see rank7.77%9.13%
4 Rooms88, 15.69%, see rank17.53%16.60%
5 Rooms201, 35.83%, see rank25.18%20.41%
6 Rooms97, 17.29%, see rank19.93%18.06%
7 Rooms21, 3.74%, see rank12.11%12.27%
8 Rooms27, 4.81%, see rank7.29%8.48%
9 Rooms or More4, 0.71%, see rank7.10%10.60%
Median Rooms4.80, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Albany, LALouisianaU.S.
Total Housing Units561, 100%1,988,460132,741,033
No Bedroom23, 4.10%, see rank1.42%2.17%
1 Bedroom95, 16.93%, see rank8.78%11.16%
2 Bedrooms140, 24.96%, see rank25.11%26.69%
3 Bedrooms232, 41.35%, see rank48.54%39.70%
4 Bedrooms71, 12.66%, see rank13.98%16.05%
5 or More Bedrooms0, 0.00%, see rank2.18%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Albany, LALouisianaU.S.
Total Housing Units531, 100%1,718,876116,211,092
Utility Gas131, 24.67%, see rank35.46%48.85%
Bottled, Tank, or LP Gas0, 0.00%, see rank2.46%4.86%
Electricity393, 74.01%, see rank61.06%36.68%
Fuel Oil, Kerosene, etc.3, 0.56%, see rank0.07%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood4, 0.75%, see rank0.59%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.07%0.47%
No Fuel Used0, 0.00%, see rank0.28%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalAlbany, LALouisianaU.S.
Occupied Units Paying Rent197, 100%517,42439,201,928
$199 or Less6, 3.05%, see rank1.85%1.50%
$200 to $29922, 11.17%, see rank4.16%3.18%
$300 to $49934, 17.26%, see rank11.15%7.37%
$500 to $69979, 40.10%, see rank21.20%16.01%
$700 to $99938, 19.29%, see rank35.30%29.17%
$1,000 to $1,49910, 5.08%, see rank20.64%26.88%
$1,500 to $1,9998, 4.06%, see rank4.19%9.79%
$2,000 or More0, 0.00%, see rank1.51%6.10%
Median$563, see rank$786$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Albany, LALouisianaU.S.
Occupied Housing Units531, 100%1,718,876116,211,092
No Vehicles Available53, 9.98%, see rank8.59%9.12%
1 Vehicles Available213, 40.11%, see rank37.07%33.80%
2 Vehicles Available134, 25.24%, see rank37.93%37.48%
3 or More Vehicles Available131, 24.67%, see rank16.42%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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