Zip 64402 (Albany, MO) Housing

The housing market in Albany, MO (64402) is very healthy. The median value of a house in this area is $112,000, which compared to the US median of $338,100 is significantly lower. Despite this disparity, the one year appreciation rate for houses in Albany is 11.42%, which is higher than the US’s 8.27%. This suggests that housing prices are on the rise in Albany, and that now may be an ideal time for people looking for a new home there.

The median home cost in Albany (zip 64402) is $112,000. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Albany (zip 64402) is up 11.0%.

Average Age of Homes

- The median age of Albany (zip 64402) real estate is 47 years old

The Rental Market in Albany (zip 64402)

- Renters make up 21.3% of the Albany (zip 64402) population
- 1.6% of houses and apartments in Albany (zip 64402), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Albany, Missouri	United States
	1,159.0	139,647,020.0
	47	42
	$112,000	$338,100
	11.0%	16.6%
	46.5%	57.0%
	59.2%	101.1%
	$11.88	$10.98
	$1,062	$2,690
	61.1%	57.4%
	20.3%	11.2%
	18.6%	31.4%
Vacant Housing
	1.6%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	2.5%	3.6%
	14.8%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	7.6%	2.4%
	14.5%	2.8%
	17.9%	3.9%
	9.7%	4.5%
	24.2%	11.3%
	11.0%	13.0%
	6.8%	20.1%
	0.7%	13.6%
	2.3%	8.3%
	1.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.3%	13.6%
	12.3%	13.6%
	8.9%	13.6%
	9.0%	13.2%
	27.0%	14.8%
	8.9%	13.6%
	5.6%	10.0%
	1.0%	4.7%
	19.2%	12.2%

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