ALBANY Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Albany averaged
6.84%
for the week of 2023-03-23, compared to the national average of
6.42% for the same period.
The average rate for the prior week (2023-03-16) was
6.92% and
one month ago for the week of 2023-02-16, the
average rate was 6.44%.
Albany's average rate one year ago was 3.84%.
For refis of the same type during the week of 2023-03-23, the average rate
was 6.78%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-23 | 6.42% |
| Albany 30 Year Fixed Rate | 2023-03-23 | 6.84% |
| Albany 30 Year Fixed Rate Refi | 2023-03-23 | 6.78% |
| Albany 15 Year Fixed Rate | 2023-03-23 | 5.89% |
| Albany 15 Year Fixed Rate Refi | 2023-03-23 | 6.45% |
| Albany 30 Year FHA | 2023-03-23 | 6.04% |
| Albany 30 Year FHA Refi | 2023-03-23 | 6.21% |
| Albany 30 Year USDA | 2023-03-23 | 6.13% |
| Albany 30 Year USDA Refi | 2023-03-23 | 5.63% |
| Albany 30 Year VA | 2023-03-23 | 6.21% |
| Albany 30 Year VA Refi | 2023-03-23 | 5.67% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ALBANY, GA.
ALBANY Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the ALBANY, GA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
ALBANY Average Closing Costs & Other Stats
ALBANY, GA's 101 lenders originated 2,556
loans during 2022. The total origination value was $494,020,000, with an average loan value of
$193,279.
ALBANY's average closing costs are $4,773.
The top ALBANY lender as defined by loan originations is QUICKEN LOANS, LLC, with
88 loans originated. Their average total fees are
$6,122, which is $1,168
higher than the next largest lender,
Flagstar Bank, FSB.
The lowest fee ALBANY lenders (with over 10 loans originated) are
Renasant Bank ($3,682), NAVY FEDERAL CREDIT UNION ($3,737), Colony Bank ($3,763), Wells Fargo Bank ($3,767) and Truist ($4,244).
The lowest rate ALBANY lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (4.72%), LOANDEPOT.COM, LLC (4.73%), Capital City Home Loans, LLC (4.85%), UNITED WHOLESALE MORTGAGE, LLC (4.96%) and Ameris Bank (4.97%).
ALBANY, GA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| Flagstar Bank, FSB | $37,335,000 | $61,920,000 | 65.8% | 12.5% |
| QUICKEN LOANS, LLC | $80,660,000 | $41,530,000 | -48.5% | 8.4% |
| Flint Community Bank | $20,700,000 | $27,480,000 | 32.8% | 5.6% |
| Colony Bank | $36,350,000 | $25,095,000 | -31.0% | 5.1% |
| Mortgage Research Center, LLC | $24,335,000 | $21,875,000 | -10.1% | 4.4% |
| NAVY FEDERAL CREDIT UNION | $23,495,000 | $19,940,000 | -15.1% | 4.0% |
| Georgia Community Bank | $17,965,000 | $18,825,000 | 4.8% | 3.8% |
| Renasant Bank | $26,840,000 | $17,740,000 | -33.9% | 3.6% |
| Ameris Bank | $23,085,000 | $14,855,000 | -35.7% | 3.0% |
| Wells Fargo Bank | $32,205,000 | $14,795,000 | -54.1% | 3.0% |
| UNITED WHOLESALE MORTGAGE, LLC | $14,930,000 | $14,490,000 | -2.9% | 2.9% |
| Synovus Bank | $16,505,000 | $13,365,000 | -19.0% | 2.7% |
| BROKER SOLUTIONS, INC. | $17,160,000 | $12,025,000 | -29.9% | 2.4% |
| PeoplesSouth Bank | $4,770,000 | $10,265,000 | 115.2% | 2.1% |
| Merchants Bank of Indiana | $15,815,000 | $10,220,000 | -35.4% | 2.1% |
| Truist | $10,555,000 | $8,780,000 | -16.8% | 1.8% |
| LOANDEPOT.COM, LLC | $9,760,000 | $7,185,000 | -26.4% | 1.5% |
| Capital City Home Loans, LLC | $7,070,000 | $7,080,000 | 0.1% | 1.4% |
| EvaBank | $55,000 | $6,010,000 | 10,827.3% | 1.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $7,625,000 | $5,520,000 | -27.6% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $10,595,000 | $4,995,000 | -52.9% | 1.0% |
| AMERISAVE MORTGAGE CORPORATION | $4,840,000 | $4,585,000 | -5.3% | 0.9% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $6,915,000 | $4,205,000 | -39.2% | 0.9% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $24,420,000 | $4,030,000 | -83.5% | 0.8% |
| FREEDOM MORTGAGE CORPORATION | $13,800,000 | $3,690,000 | -73.3% | 0.7% |
| SunMark Community Bank | $155,000 | $3,655,000 | 2,258.1% | 0.7% |
| HOMESTAR FINANCIAL CORPORATION | $3,595,000 | $3,410,000 | -5.1% | 0.7% |
| JPMorgan Chase Bank | $2,675,000 | $3,400,000 | 27.1% | 0.7% |
| USAA Federal Savings Bank | $4,250,000 | $2,520,000 | -40.7% | 0.5% |
| GEORGIA'S OWN | $3,560,000 | $2,475,000 | -30.5% | 0.5% |
| LAND HOME FINANCIAL SERVICES, INC. | $1,000,000 | $2,470,000 | 147.0% | 0.5% |
| First State Bank of Blakely, Inc. | $2,250,000 | $2,445,000 | 8.7% | 0.5% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $2,435,000 | n/a | 0.5% | |
| Regions Bank | $4,230,000 | $2,150,000 | -49.2% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $4,030,000 | $2,075,000 | -48.5% | 0.4% |
| CALIBER HOME LOANS, INC. | $4,165,000 | $1,955,000 | -53.1% | 0.4% |
| PENTAGON FEDERAL CREDIT UNION | $1,540,000 | $1,910,000 | 24.0% | 0.4% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $2,540,000 | $1,765,000 | -30.5% | 0.4% |
| NEWREZ LLC | $3,455,000 | $1,720,000 | -50.2% | 0.3% |
| Carrington Mortgage Services, LLC | $1,975,000 | $1,615,000 | -18.2% | 0.3% |
| Bank of America | $750,000 | $1,585,000 | 111.3% | 0.3% |
| PLANTERS FIRST BANK | $1,085,000 | $1,580,000 | 45.6% | 0.3% |
| GUARANTEED RATE, INC. | $1,530,000 | $1,575,000 | 2.9% | 0.3% |
| ZILLOW HOME LOANS, LLC | $235,000 | $1,575,000 | 570.2% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,330,000 | $1,530,000 | 15.0% | 0.3% |
| ANGEL OAK HOME LOANS LLC | $1,825,000 | $1,515,000 | -17.0% | 0.3% |
| The Federal Savings Bank | $1,405,000 | $1,470,000 | 4.6% | 0.3% |
| Equity Prime Mortgage LLC | $250,000 | $1,430,000 | 472.0% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $2,070,000 | $1,430,000 | -30.9% | 0.3% |
| MEMBER FIRST MORTGAGE, LLC | $875,000 | $1,375,000 | 57.1% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,270,000 | $1,365,000 | 7.5% | 0.3% |
| BETTER MORTGAGE CORPORATION | $3,035,000 | $1,275,000 | -58.0% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $2,800,000 | $1,220,000 | -56.4% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $870,000 | $1,215,000 | 39.7% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $1,155,000 | n/a | 0.2% | |
| MILEND, INC. | $75,000 | $1,145,000 | 1,426.7% | 0.2% |
| Ally Bank | $165,000 | $1,105,000 | 569.7% | 0.2% |
| NEW DAY FINANCIAL, LLC | $3,165,000 | $1,085,000 | -65.7% | 0.2% |
| GENEVA FINANCIAL, LLC | $1,300,000 | $1,010,000 | -22.3% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $215,000 | $975,000 | 353.5% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $555,000 | $970,000 | 74.8% | 0.2% |
| 21ST MORTGAGE CORPORATION | $2,300,000 | $925,000 | -59.8% | 0.2% |
| First Guaranty Mortgage Corporation | $1,475,000 | $925,000 | -37.3% | 0.2% |
| The First, A National Banking Association | $230,000 | $920,000 | 300.0% | 0.2% |
| Metro City Bank | $315,000 | $895,000 | 184.1% | 0.2% |
| South State Bank | $3,255,000 | $895,000 | -72.5% | 0.2% |
| Northpointe Bank | $890,000 | n/a | 0.2% | |
| ROYAL UNITED MORTGAGE LLC | $805,000 | n/a | 0.2% | |
| Barrington Bank & Trust Company, N.A. | $1,300,000 | $800,000 | -38.5% | 0.2% |
| AMERICAN FINANCING CORPORATION | $655,000 | $775,000 | 18.3% | 0.2% |
| NBKC BANK | $665,000 | $775,000 | 16.5% | 0.2% |
| UNION HOME MORTGAGE CORP. | $540,000 | $770,000 | 42.6% | 0.2% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $225,000 | $730,000 | 224.4% | 0.1% |
| EVERETT FINANCIAL, INC. | $175,000 | $725,000 | 314.3% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $1,835,000 | $685,000 | -62.7% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $665,000 | $655,000 | -1.5% | 0.1% |
| CityWorth Mortgage LLC | $640,000 | n/a | 0.1% | |
| NFM, INC. | $640,000 | n/a | 0.1% | |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $485,000 | $625,000 | 28.9% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $495,000 | $615,000 | 24.2% | 0.1% |
| TOWNE MORTGAGE COMPANY | $615,000 | n/a | 0.1% | |
| COUNTRYPLACE MORTGAGE, LTD. | $75,000 | $600,000 | 700.0% | 0.1% |
| ATLANTA POSTAL | $170,000 | $580,000 | 241.2% | 0.1% |
| ACOPIA, LLC | $1,330,000 | $575,000 | -56.8% | 0.1% |
| CERTAINTY HOME LOANS, LLC | $155,000 | $575,000 | 271.0% | 0.1% |
| Lakeview Community Capital, LLC | $1,000,000 | $555,000 | -44.5% | 0.1% |
| First Federal Bank | $450,000 | $545,000 | 21.1% | 0.1% |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $535,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $515,000 | n/a | 0.1% | |
| Nations Lending Corporation | $705,000 | $505,000 | -28.4% | 0.1% |
| Magnolia Bank | $155,000 | $500,000 | 222.6% | 0.1% |
| Discover Bank | $190,000 | $485,000 | 155.3% | 0.1% |
| EMM LOANS LLC | $485,000 | n/a | 0.1% | |
| CIVIC FINANCIAL SERVICES, LLC | $235,000 | $475,000 | 102.1% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $470,000 | n/a | 0.1% | |
| Bank of England | $520,000 | $470,000 | -9.6% | 0.1% |
| Deere Employees Credit Union | $465,000 | n/a | 0.1% | |
| TC FEDERAL BANK | $45,000 | $455,000 | 911.1% | 0.1% |
| Chicago Mortgage Solutions LLC | $405,000 | $450,000 | 11.1% | 0.1% |
| CANOPY MORTGAGE, LLC | $430,000 | n/a | 0.1% | |
| RESIDENTIAL BANCORP. | $425,000 | n/a | 0.1% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $205,000 | $400,000 | 95.1% | 0.1% |
| CLEARPATH LENDING | $500,000 | $400,000 | -20.0% | 0.1% |
| North American Savings Bank, F.S.B. | $205,000 | $395,000 | 92.7% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $245,000 | $390,000 | 59.2% | 0.1% |
| AgFirst Farm Credit Bank | $675,000 | $380,000 | -43.7% | 0.1% |
| Commercial Banking Company | $200,000 | $375,000 | 87.5% | 0.1% |
| Stifel Bank and Trust | $375,000 | n/a | 0.1% | |
| T2 FINANCIAL LLC | $375,000 | n/a | 0.1% | |
| MORTGAGE INVESTORS GROUP, INC. | $2,865,000 | $360,000 | -87.4% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $605,000 | $360,000 | -40.5% | 0.1% |
| HomePromise Corporation | $355,000 | n/a | 0.1% | |
| Alcova Mortgage LLC | $345,000 | n/a | 0.1% | |
| Peoples Bank | $95,000 | $335,000 | 252.6% | 0.1% |
| Thomasville National Bank | $55,000 | $330,000 | 500.0% | 0.1% |
| Morris Bank | $470,000 | $325,000 | -30.9% | 0.1% |
| ROBINS FINANCIAL | $55,000 | $320,000 | 481.8% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $325,000 | $315,000 | -3.1% | 0.1% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $310,000 | $315,000 | 1.6% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $445,000 | $300,000 | -32.6% | 0.1% |
| U.S. Bank | $1,735,000 | $300,000 | -82.7% | 0.1% |
| AmeriHome Mortgage Company, LLC | $280,000 | $295,000 | 5.4% | 0.1% |
| PREMIA MORTGAGE, LLC | $295,000 | n/a | 0.1% | |
| BAY EQUITY LLC | $285,000 | n/a | 0.1% | |
| PANORAMA MORTGAGE GROUP, LLC | $280,000 | n/a | 0.1% | |
| First Federal Bank of Kansas City | $265,000 | n/a | 0.1% | |
| SOUTHEASTERN Credit Union | $120,000 | $265,000 | 120.8% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $255,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $35,000 | $250,000 | 614.3% | 0.1% |
| SUMMIT FUNDING, INC. | $120,000 | $245,000 | 104.2% | 0.0% |
| UIF CORPORATION | $215,000 | $245,000 | 14.0% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $240,000 | n/a | 0.0% | |
| The Peoples Bank of Georgia | $235,000 | $240,000 | 2.1% | 0.0% |
| First Home Bank | $235,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $235,000 | n/a | 0.0% | |
| STEARNS LENDING, LLC | $1,460,000 | $235,000 | -83.9% | 0.0% |
| Towne Bank | $235,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $350,000 | $230,000 | -34.3% | 0.0% |
| Figure Lending LLC | $135,000 | $225,000 | 66.7% | 0.0% |
| Prosperity Home Mortgage, LLC | $55,000 | $225,000 | 309.1% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,645,000 | $225,000 | -86.3% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $220,000 | $220,000 | 0.0% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $145,000 | $210,000 | 44.8% | 0.0% |
| Arvest Bank | $215,000 | $205,000 | -4.7% | 0.0% |
| HAMILTON HOME LOANS, INC. | $205,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $205,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $85,000 | $200,000 | 135.3% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $200,000 | n/a | 0.0% | |
| AMERICAN FEDERAL MORTGAGE CORPORATION | $195,000 | n/a | 0.0% | |
| FIRST COMMERCE CREDIT UNION | $195,000 | n/a | 0.0% | |
| GUARANTY HOME MORTGAGE CORPORATION | $385,000 | $195,000 | -49.4% | 0.0% |
| AMERICAN ADVISORS GROUP | $245,000 | $190,000 | -22.4% | 0.0% |
| BAY CAPITAL MORTGAGE CORPORATION | $190,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $185,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $185,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $115,000 | $185,000 | 60.9% | 0.0% |
| Mid-Continent Funding, Inc. | $800,000 | $175,000 | -78.1% | 0.0% |
| STATE EMPLOYEES' | $175,000 | n/a | 0.0% | |
| Baxter Credit Union | $165,000 | n/a | 0.0% | |
| CMG MORTGAGE, INC. | $575,000 | $165,000 | -71.3% | 0.0% |
| Colten Mortgage, LLC | $125,000 | $165,000 | 32.0% | 0.0% |
| CSL Financial, LLC | $155,000 | n/a | 0.0% | |
| First National Bank of America | $185,000 | $155,000 | -16.2% | 0.0% |
| Simmons Bank | $155,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $270,000 | $150,000 | -44.4% | 0.0% |
| AMWEST FUNDING CORP. | $145,000 | n/a | 0.0% | |
| CIS Financial Services, Inc. | $145,000 | n/a | 0.0% | |
| DELTA COMMUNITY CREDIT UNION | $145,000 | n/a | 0.0% | |
| Farmers & Merchants Bank | $145,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,555,000 | $145,000 | -90.7% | 0.0% |
| CREDIT UNION OF GEORGIA | $215,000 | $140,000 | -34.9% | 0.0% |
| Quontic Bank | $135,000 | n/a | 0.0% | |
| The Huntington National Bank | $135,000 | n/a | 0.0% | |
| THE MORTGAGE FIRM, INC. | $245,000 | $135,000 | -44.9% | 0.0% |
| VYSTAR | $135,000 | n/a | 0.0% | |
| PNC Bank | $960,000 | $130,000 | -86.5% | 0.0% |
| M&T Bank | $220,000 | $125,000 | -43.2% | 0.0% |
| Paramount Bank | $125,000 | n/a | 0.0% | |
| GEORGIA UNITED | $35,000 | $120,000 | 242.9% | 0.0% |
| ITHINK FINANCIAL Credit Union | $365,000 | $120,000 | -67.1% | 0.0% |
| Bell Bank | $115,000 | n/a | 0.0% | |
| Home State Bank | $115,000 | n/a | 0.0% | |
| LOANPAL, LLC | $115,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $265,000 | $115,000 | -56.6% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $290,000 | $115,000 | -60.3% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $105,000 | n/a | 0.0% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $105,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $205,000 | $105,000 | -48.8% | 0.0% |
| NexBank | $105,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $95,000 | n/a | 0.0% | |
| Axos Bank | $395,000 | $95,000 | -75.9% | 0.0% |
| STOCKTON MORTGAGE CORPORATION | $155,000 | $95,000 | -38.7% | 0.0% |
| Tyndall Federal Credit Union | $95,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $85,000 | n/a | 0.0% | |
| PEACH STATE FEDERAL CREDIT UNION | $85,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $75,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $75,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $515,000 | $75,000 | -85.4% | 0.0% |
| UNIVERSITY LENDING GROUP, LLC | $75,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $80,000 | $65,000 | -18.8% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $65,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $55,000 | $55,000 | 0.0% | 0.0% |
| CAMPUS USA | $55,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $95,000 | $55,000 | -42.1% | 0.0% |
| TOWER | $55,000 | n/a | 0.0% | |
| Grow Financial Federal Credit Union | $45,000 | n/a | 0.0% | |
| PrimeSouth Bank | $45,000 | $25,000 | -44.4% | 0.0% |
| 1st Franklin Financial Corporation | $15,000 | n/a | 0.0% | |
| GENISYS | $200,000 | $15,000 | -92.5% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $390,000 | $5,000 | -98.7% | 0.0% |
ALBANY's top lender by overall market share is Flagstar Bank, FSB, with 12.5% market share. In second place, with 8.4%, is QUICKEN LOANS, LLC, having originated $41,530,000 in loans. In third place, with 5.6%, is Flint Community Bank, having originated $27,480,000 in loans. In fourth place, with 5.1%, is Colony Bank, having originated $25,095,000 in loans. In fifth place, with 4.4%, is Mortgage Research Center, LLC, having originated $21,875,000 in loans.
ALBANY Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - ALBANY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $119,900 (4.3%) | $150,518 (9.8%) | 0.44 | 581 |
| 2018-02-01 | $119,900 (4.3%) | $154,222 (13.2%) | 0.43 | 581 |
| 2018-03-01 | $124,000 (7.4%) | $154,431 (8.6%) | 0.43 | 603 |
| 2018-04-01 | $129,900 (10.7%) | $161,849 (9.3%) | 0.44 | 590 |
| 2018-05-01 | $129,900 (8.3%) | $164,043 (5.0%) | 0.43 | 589 |
| 2018-06-01 | $129,900 (0.4%) | $163,899 (2.1%) | 0.43 | 602 |
| 2018-07-01 | $122,500 (-4.3%) | $155,992 (-1.6%) | 0.41 | 612 |
| 2018-08-01 | $128,950 (-0.8%) | $157,633 (-3.7%) | 0.43 | 593 |
| 2018-09-01 | $125,000 (-3.8%) | $156,084 (-4.3%) | 0.42 | 619 |
| 2018-10-01 | $126,975 (-0.6%) | $155,770 (-3.1%) | 0.43 | 609 |
| 2018-11-01 | $122,450 (-5.4%) | $152,829 (-1.2%) | 0.42 | 597 |
| 2018-12-01 | $118,450 (-5.2%) | $149,094 (-1.8%) | 0.41 | 560 |
| 2019-01-01 | $116,900 (-2.5%) | $147,935 (-1.7%) | 0.41 | 494 |
| 2019-02-01 | $116,258 (-3.0%) | $146,725 (-4.9%) | 0.39 | 485 |
| 2019-03-01 | $118,329 (-4.6%) | $148,143 (-4.1%) | 0.38 | 487 |
| 2019-04-01 | $118,479 (-8.8%) | $149,058 (-7.9%) | 0.36 | 498 |
| 2019-05-01 | $115,975 (-10.7%) | $148,259 (-9.6%) | 0.36 | 511 |
| 2019-06-01 | $116,500 (-10.3%) | $147,950 (-9.7%) | 0.35 | 538 |
| 2019-07-01 | $122,500 (0.0%) | $151,270 (-3.0%) | 0.38 | 583 |
| 2019-08-01 | $119,950 (-7.0%) | $150,577 (-4.5%) | 0.38 | 595 |
| 2019-09-01 | $119,950 (-4.0%) | $151,191 (-3.1%) | 0.38 | 565 |
| 2019-10-01 | $119,950 (-5.5%) | $151,802 (-2.6%) | 0.39 | 528 |
| 2019-11-01 | $129,425 (5.7%) | $157,693 (3.2%) | 0.42 | 488 |
| 2019-12-01 | $134,950 (13.9%) | $161,718 (8.5%) | 0.45 | 457 |
| 2020-01-01 | $134,275 (14.9%) | $160,107 (8.2%) | 0.46 | 421 |
| 2020-02-01 | $135,000 (16.1%) | $160,393 (9.3%) | 0.44 | 432 |
| 2020-03-01 | $131,950 (11.5%) | $159,265 (7.5%) | 0.43 | 449 |
| 2020-04-01 | $134,900 (13.9%) | $162,162 (8.8%) | 0.43 | 432 |
| 2020-05-01 | $135,000 (16.4%) | $163,444 (10.2%) | 0.42 | 408 |
| 2020-06-01 | $137,425 (18.0%) | $170,244 (15.1%) | 0.41 | 358 |
| 2020-07-01 | $138,075 (12.7%) | $169,935 (12.3%) | 0.40 | 292 |
| 2020-08-01 | $135,000 (12.6%) | $167,876 (11.5%) | 0.39 | 280 |
| 2020-09-01 | $142,350 (18.7%) | $181,373 (20.0%) | 0.42 | 266 |
| 2020-10-01 | $149,900 (25.0%) | $184,503 (21.5%) | 0.44 | 280 |
| 2020-11-01 | $145,000 (12.0%) | $181,726 (15.2%) | 0.42 | 252 |
| 2020-12-01 | $144,000 (6.7%) | $184,724 (14.2%) | 0.43 | 254 |
| 2021-01-01 | $144,950 (8.0%) | $185,940 (16.1%) | 0.43 | 236 |
| 2021-02-01 | $138,875 (2.9%) | $179,597 (12.0%) | 0.42 | 228 |
| 2021-03-01 | $122,850 (-6.9%) | $171,325 (7.6%) | 0.36 | 217 |
| 2021-04-01 | $119,975 (-11.1%) | $163,593 (0.9%) | 0.33 | 208 |
| 2021-05-01 | $110,000 (-18.5%) | $166,599 (1.9%) | 0.30 | 193 |
| 2021-06-01 | $127,475 (-7.2%) | $167,394 (-1.7%) | 0.35 | 193 |
| 2021-07-01 | $133,500 (-3.3%) | $168,435 (-0.9%) | 0.38 | 210 |
| 2021-08-01 | $126,525 (-6.3%) | $163,146 (-2.8%) | 0.35 | 226 |
| 2021-09-01 | $139,900 (-1.7%) | $169,552 (-6.5%) | 0.38 | 246 |
| 2021-10-01 | $139,900 (-6.7%) | $166,621 (-9.7%) | 0.37 | 212 |
| 2021-11-01 | $134,475 (-7.3%) | $168,312 (-7.4%) | 0.37 | 219 |
| 2021-12-01 | $117,500 (-18.4%) | $152,919 (-17.2%) | 0.33 | 221 |
| 2022-01-01 | $115,000 (-20.7%) | $157,188 (-15.5%) | 0.31 | 180 |
| 2022-02-01 | $129,200 (-7.0%) | $195,534 (8.9%) | 0.33 | 166 |
| 2022-03-01 | $139,000 (13.2%) | $193,709 (13.1%) | 0.34 | 166 |
| 2022-04-01 | $173,000 (44.2%) | $210,329 (28.6%) | 0.40 | 174 |
| 2022-05-01 | $173,725 (57.9%) | $215,800 (29.5%) | 0.38 | 177 |
| 2022-06-01 | $180,600 (41.7%) | $222,729 (33.1%) | 0.40 | 195 |
| 2022-07-01 | $189,900 (42.3%) | $232,258 (37.9%) | 0.41 | 230 |
| 2022-08-01 | $208,750 (65.0%) | $235,817 (44.5%) | 0.48 | 235 |
| 2022-09-01 | $199,925 (42.9%) | $250,151 (47.5%) | 0.00 | 247 |
| 2022-10-01 | $209,900 (50.0%) | $238,936 (43.4%) | 0.00 | 249 |
| 2022-11-01 | $225,250 (67.5%) | $242,569 (44.1%) | 0.00 | 261 |
| 2022-12-01 | $199,900 (70.1%) | $230,884 (51.0%) | 0.00 | 254 |
| 2023-01-01 | $189,900 (65.1%) | $225,633 (43.5%) | 0.00 | 236 |
| 2023-02-01 | $172,350 (33.4%) | $233,269 (19.3%) | 0.00 | 240 |
ALBANY's median listing price for 2023-02-01 was $172,350, a difference of
$43,150
(33.4%) versus the prior year and
$-17,550 versus the prior month.
ALBANY's median listing price comes in at 0% of the national average.
ALBANY's average listing price for 2023-02-01 was $233,269, a difference of $37,735 (19.3%) versus the prior year and $7,636 versus the prior month.
For the 2023-02-01 period, ALBANY had 240 MLS listings, a difference of 4 listings (2%) versus the prior month and 74 listings (45%) versus the prior year.
ALBANY's median listing price comes in at 0% of the national average.
ALBANY's average listing price for 2023-02-01 was $233,269, a difference of $37,735 (19.3%) versus the prior year and $7,636 versus the prior month.
For the 2023-02-01 period, ALBANY had 240 MLS listings, a difference of 4 listings (2%) versus the prior month and 74 listings (45%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - ALBANY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 106 days | 1,815 sqft |
| 2018-02-01 | 106 days | 1,841 sqft |
| 2018-03-01 | 97 days | 1,840 sqft |
| 2018-04-01 | 88 days | 1,866 sqft |
| 2018-05-01 | 88 days | 1,848 sqft |
| 2018-06-01 | 92 days | 1,840 sqft |
| 2018-07-01 | 86 days | 1,785 sqft |
| 2018-08-01 | 94 days | 1,803 sqft |
| 2018-09-01 | 92 days | 1,825 sqft |
| 2018-10-01 | 103 days | 1,810 sqft |
| 2018-11-01 | 123 days | 1,800 sqft |
| 2018-12-01 | 124 days | 1,765 sqft |
| 2019-01-01 | 129 days | 1,783 sqft |
| 2019-02-01 | 125 days | 1,755 sqft |
| 2019-03-01 | 97 days | 1,737 sqft |
| 2019-04-01 | 74 days | 1,725 sqft |
| 2019-05-01 | 74 days | 1,721 sqft |
| 2019-06-01 | 72 days | 1,708 sqft |
| 2019-07-01 | 68 days | 1,705 sqft |
| 2019-08-01 | 79 days | 1,711 sqft |
| 2019-09-01 | 87 days | 1,734 sqft |
| 2019-10-01 | 95 days | 1,752 sqft |
| 2019-11-01 | 105 days | 1,784 sqft |
| 2019-12-01 | 98 days | 1,806 sqft |
| 2020-01-01 | 103 days | 1,805 sqft |
| 2020-02-01 | 97 days | 1,822 sqft |
| 2020-03-01 | 67 days | 1,800 sqft |
| 2020-04-01 | 69 days | 1,804 sqft |
| 2020-05-01 | 80 days | 1,823 sqft |
| 2020-06-01 | 91 days | 1,843 sqft |
| 2020-07-01 | 86 days | 1,837 sqft |
| 2020-08-01 | 64 days | 1,826 sqft |
| 2020-09-01 | 64 days | 1,911 sqft |
| 2020-10-01 | 53 days | 1,893 sqft |
| 2020-11-01 | 55 days | 1,910 sqft |
| 2020-12-01 | 65 days | 1,901 sqft |
| 2021-01-01 | 78 days | 1,916 sqft |
| 2021-02-01 | 74 days | 1,875 sqft |
| 2021-03-01 | 47 days | 1,734 sqft |
| 2021-04-01 | 41 days | 1,660 sqft |
| 2021-05-01 | 51 days | 1,640 sqft |
| 2021-06-01 | 48 days | 1,700 sqft |
| 2021-07-01 | 42 days | 1,667 sqft |
| 2021-08-01 | 43 days | 1,609 sqft |
| 2021-09-01 | 43 days | 1,670 sqft |
| 2021-10-01 | 50 days | 1,653 sqft |
| 2021-11-01 | 45 days | 1,658 sqft |
| 2021-12-01 | 48 days | 1,541 sqft |
| 2022-01-01 | 51 days | 1,580 sqft |
| 2022-02-01 | 47 days | 1,607 sqft |
| 2022-03-01 | 56 days | 1,639 sqft |
| 2022-04-01 | 34 days | 1,652 sqft |
| 2022-05-01 | 38 days | 1,687 sqft |
| 2022-06-01 | 29 days | 1,755 sqft |
| 2022-07-01 | 32 days | 1,790 sqft |
| 2022-08-01 | 45 days | 1,875 sqft |
| 2022-09-01 | 0 days | 1,780 sqft |
| 2022-10-01 | 0 days | 1,812 sqft |
| 2022-11-01 | 0 days | 1,848 sqft |
| 2022-12-01 | 0 days | 1,829 sqft |
| 2023-01-01 | 0 days | 1,831 sqft |
| 2023-02-01 | 0 days | 1,736 sqft |
ALBANY's median listing age (time on market) for 2023-02-01 was 0 days.
This
is -100%
shorter
than the same period one year ago.
ALBANY's median square footage for active listings during the 2023-02-01 period was 1,736 sqft. One year prior, the average listing was 1,607 sqft.
ALBANY's median square footage for active listings during the 2023-02-01 period was 1,736 sqft. One year prior, the average listing was 1,607 sqft.
ALBANY, GA Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 31701 | Albany, GA | $620 | $640 | $750 | $970 | $1,180 |
| 31702 | Albany, GA | $660 | $680 | $800 | $1,040 | $1,260 |
| 31703 | Albany, GA | $660 | $680 | $800 | $1,040 | $1,260 |
| 31704 | Albany, GA | $660 | $680 | $800 | $1,040 | $1,260 |
| 31705 | Albany, GA | $620 | $650 | $760 | $990 | $1,190 |
| 31706 | Albany, GA | $660 | $680 | $800 | $1,040 | $1,260 |
| 31707 | Albany, GA | $800 | $830 | $970 | $1,260 | $1,520 |
| 31708 | Albany, GA | $660 | $680 | $800 | $1,040 | $1,260 |
| 31712 | Albany, GA | $630 | $660 | $770 | $1,000 | $1,210 |
| 31714 | Albany, GA | $580 | $600 | $700 | $920 | $1,120 |
| 31721 | Albany, GA | $800 | $830 | $970 | $1,260 | $1,520 |
| 31743 | Albany, GA | $770 | $800 | $940 | $1,220 | $1,480 |
| 31744 | Albany, GA | $580 | $600 | $700 | $920 | $1,120 |
| 31763 | Albany, GA | $790 | $820 | $960 | $1,240 | $1,510 |
| 31764 | Albany, GA | $790 | $820 | $960 | $1,240 | $1,510 |
| 31768 | Albany, GA | $630 | $660 | $770 | $1,000 | $1,210 |
| 31771 | Albany, GA | $580 | $600 | $700 | $920 | $1,120 |
| 31772 | Albany, GA | $640 | $660 | $780 | $1,010 | $1,230 |
| 31775 | Albany, GA | $580 | $600 | $700 | $920 | $1,120 |
| 31781 | Albany, GA | $680 | $710 | $830 | $1,080 | $1,300 |
| 31782 | Albany, GA | $660 | $680 | $800 | $1,040 | $1,260 |
| 31787 | Albany, GA | $630 | $660 | $780 | $1,010 | $1,160 |
| 31789 | Albany, GA | $720 | $750 | $880 | $1,140 | $1,380 |
| 31791 | Albany, GA | $620 | $650 | $760 | $990 | $1,190 |
| 31795 | Albany, GA | $670 | $700 | $820 | $1,060 | $1,290 |
| 31796 | Albany, GA | $580 | $600 | $710 | $920 | $1,120 |
| 39826 | Albany, GA | $660 | $680 | $800 | $1,040 | $1,260 |
| 39842 | Albany, GA | $580 | $600 | $700 | $920 | $1,120 |
| 39862 | Albany, GA | $580 | $600 | $710 | $920 | $1,120 |
| 39877 | Albany, GA | $580 | $600 | $710 | $920 | $1,120 |
| 39885 | Albany, GA | $850 | $880 | $1,030 | $1,340 | $1,620 |
| 39886 | Albany, GA | $580 | $600 | $700 | $920 | $1,120 |
2022 Average & Median Rent Data Statistics
ALBANY, GA average 1BR rent: $684, median: $670
ALBANY, GA average 2BR rent: $802, median: $790
ALBANY, GA average 3BR rent: $1,043, median: $1,025
ALBANY, GA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,437 | $293,965,000 | $204,569 |
| Refi | 479 | $109,425,000 | $228,445 |
| Cash Out Refi | 427 | $70,845,000 | $165,913 |
| Other | 114 | $10,340,000 | $90,702 |
| Home Improvement | 98 | $9,210,000 | $93,980 |
| NA | 1 | $235,000 | $235,000 |
Albany's most frequently cited loan purpose was Home Purchase, with 1,437 originations. The 2nd most popular reason was Refi, with 479 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 560 | $122,760,000 | $219,214 |
| 5-6% | 545 | $100,445,000 | $184,303 |
| 3-4% | 464 | $118,320,000 | $255,000 |
| 6-7% | 264 | $42,290,000 | $160,189 |
| 2.5-3% | 112 | $20,000,000 | $178,571 |
| 7-8% | 91 | $10,605,000 | $116,538 |
| Over 8% | 66 | $5,360,000 | $81,212 |
| <2.5% | 53 | $9,585,000 | $180,849 |
During 2022, Albany's most frequently originated rate bucket was 4-5%, with 560 originations.
Loan Sizing (ALBANY, GA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 997 | $145,075,000 | $145,512 |
| $100,000 or less | 764 | $44,810,000 | $58,652 |
| $200k-400k | 685 | $187,085,000 | $273,117 |
| $400k-600k | 77 | $34,925,000 | $453,571 |
| $600k-1000k | 19 | $13,755,000 | $723,947 |
| $Over $1MM | 14 | $68,370,000 | $4,883,571 |
ALBANY's loan sizing saw the bucket of loans from $100k-200k with 997 originations, totaling $145,075,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,110 | $229,750,000 | $206,982 |
| 60-80% | 559 | $131,505,000 | $235,250 |
| 40-60% | 167 | $33,985,000 | $203,503 |
| 20-40% | 153 | $12,525,000 | $81,863 |
| Under 20% | 102 | $5,980,000 | $58,627 |
| Over 100% | 52 | $13,840,000 | $266,154 |
ALBANY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,110 originations, totaling $229,750,000 in origination value.