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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 Type3.90%
One Bedroom19.80%
Two Bedrooms47.80%
Three Bedrooms22%
Four Bedrooms5.10%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1939
Median Value of occupied units$334,800
Median Price asked for vacant units$288,500

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1959
Median Monthly Rent asked for vacant units$1,096

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage8.20%
Home Equity Loan9.40%
Simple Mortgage54.10%
Debt Free28%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.4%