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Albany, OH Real Estate


According to census data in the year 2000 there were 414 housing units in Albany. This represents a 25.5% growth from 330 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 414 were located in what is classified as a rural area.

Homeownership rate in Albany is about 73.1%. Albany's vacancy rate, including seasonal lodging, is about 12.1%. Average household size is 2.2 people.

The majority of houses, apartments or condos in Albany were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom4.60%
Two Bedrooms29.20%
Three Bedrooms51.20%
Four Bedrooms12.10%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1966
Median Value of occupied units$90,200
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.68
Median year structure was built1964
Median Monthly Rent asked for vacant units$431

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.90%
Home Equity Loan9.10%
Simple Mortgage59.60%
Debt Free29.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.7%