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Albany, WI Real Estate


According to census data in the year 2000 there were 507 housing units in Albany. This represents a 7.6% growth from 471 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 507 were located in what is classified as a rural area.

Homeownership rate in Albany is about 66.5%. Albany's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Albany were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom13.40%
Two Bedrooms34.50%
Three Bedrooms36.90%
Four Bedrooms9.90%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1939
Median Value of occupied units$82,900
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1965
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.60%
Home Equity Loan7.20%
Simple Mortgage51.30%
Debt Free33.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%