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Albany, IN
Full City Profile · Indiana · Delaware County County
3.0
/5.0
B
Good
2,984
Population
1,507/sq mi density
$56,356
Median Income
$27,723 per capita
$103,600
Home Value
$189,908 Zillow
$669
Median Rent
26.2% income on rent
51°F
Avg Temperature
275 sunny days/yr
394
Violent Crime/100K
4,121 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$56,356 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$103,600 home value, $669/mo rent
F
Safety
1.0 / 5.0
394 violent crimes/100K (4% above avg)
D
Education
2.0 / 5.0
12.2% bachelor's degree or higher
Housing Overview
Median Home Value
$103,600
63% below
US avg: $281,900
Median Rent
$669/mo
42% below
US avg: $1,163/mo
Homeownership Rate
81.9%
25% above US avg (65.4%)
Total Housing Units
1,371
Median year built: 1964
Home Value by Source
Census Median
$103,600
Zillow (ZHVI)
$189,908
Median Sale Price
$141,250
Median List Price
$177,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.9%
Owner-Occupied
18.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$669/mo
Market Indicators (Redfin)
Median Days on Market
25 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$128
Active Inventory
6
homes for sale
Affordability & Housing Stock
Rent Burden
26.2%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
81.9%
Complete Housing Data
Home Values
| Census Median Value | $103,600 |
| Zillow Home Value (ZHVI) | $189,908 |
| Median Sale Price | $141,250 |
| Median List Price | $177,450 |
| Price Per Sq Ft | $128 |
Rent
| Census Median Rent | $669 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 25 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.7% |
| Homes Sold | 2 |
| Active Inventory | 6 |
| Price Per Sq Ft | $128 |
Ownership & Stock
| Owner-Occupied | 81.9% |
| Renter-Occupied | 18.1% |
| Homeownership Rate | 81.9% |
| Total Housing Units | 1,371 |
| Median Year Built | 1964 |
| Rent Burden | 26.2% |