The South Albany housing market is somewhat competitive. The median sale price of a home in South Albany was $462K last month, up 4.1% since last year. The median sale price per square foot in South Albany is $248, down 2.9% since last year.
What is the housing market like in South Albany today?
In March 2024, South Albany home prices were up 4.1% compared to last year, selling for a median price of $462K. On average, homes in South Albany sell after 62 days on the market compared to 35 days last year. There were 21 homes sold in March this year, up from 21 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$461,900
+4.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South Albany, OR
$461,900
+4.1%
United States
To compare other locations to the South Albany and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Albany add value to a home.
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How hot is the South Albany housing market?
South Albany is somewhat competitive. Homes sell in 32.5 days.
0
100
67
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 33 days.
Hot homes
can sell for around list price and go pending in around 13 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South Albany housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Albany.
Risk Factor
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Albany has a minor risk of flooding. 40 properties in South Albany are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in South Albany. Flood risk is increasing faster than the national average.
89% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Albany has a moderate risk of wildfire. There are 1,315 properties in South Albany that have some risk of being affected by wildfire over the next 30 years. This represents 89% of all properties in South Albany.
South Albany has minimal risk of severe winds over the next 30 years
Wind Factor
South Albany has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.