Albany, CA Real Estate
According to census data in the year 2000 there were 7,248 housing units in Albany.
This represents a 2.9% decline from 7,468 in 1990.
Of those housing units, 7,248 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Albany is about 50.7%.
Albany's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Albany were built after 1946.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.90% |
| One Bedroom | 19.80% |
| Two Bedrooms | 47.80% |
| Three Bedrooms | 22% |
| Four Bedrooms | 5.10% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $334,800 |
| Median Price asked for vacant units | $288,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $1,096 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 54.10% |
| Debt Free | 28% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.4% |
