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Albany, MO Real Estate


According to census data in the year 2000 there were 939 housing units in Albany. This represents a 0.4% growth from 935 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 939 were located in what is classified as a rural area.

Homeownership rate in Albany is about 68.9%. Albany's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.18 people.

The majority of houses, apartments or condos in Albany were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom13.30%
Two Bedrooms37.10%
Three Bedrooms36.50%
Four Bedrooms9.10%
Five Bedrooms or more3.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1959
Median Value of occupied units$57,000
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size1.67
Median year structure was built1971
Median Monthly Rent asked for vacant units$233

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.50%
Home Equity Loan0.90%
Simple Mortgage37.70%
Debt Free59.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14%