Albany, OR metro area Housing Market

Cool Market

Comprehensive housing market data for the Albany, OR metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$425K

6.5% YoY

Days on Market

94 days

23.7% YoY

Active Inventory

369

2.4% YoY

Homes Sold

109

2.7% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Albany, OR metro area Market Summary

The Albany, OR metro area housing market is cooling down. As of March 2026, the median home sale price is $425K, up 6.5% year-over-year. Homes are spending a median of 94 days on the market, 23.7% longer than a year ago.

There are 369 homes for sale — 2.4% fewer than last year. With 3.4 months of supply, this is a seller's market. 147 new listings were added during this period, down 3.9% year-over-year.

Homes are selling for 99.2% of their list price on average, suggesting room for negotiation. 28.4% of homes sell above their asking price. 31.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 3.4
Days on Market 94
Price Drops 31.4%
Sale-to-List Ratio 99.2%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 2.7%
Days on Market (National: 55) 70.9%
Inventory (National: 1,314,690) 100.0%

vs. Oregon Median

Median Price (Oregon: $508K) 16.3%
Days on Market (Oregon: 46) 104.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Albany, OR metro area Market Trends

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Detailed Market Metrics

Median List Price

$438K

Price per Sq Ft

$255

Sale-to-List Ratio

99.2%

Months of Supply

3.4

Sold Above List

28.4%

Price Drops

31.4%

New Listings

147

3.9% YoY

Pending Sales

151

Off Market in 2 Weeks

35.1%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.