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 6.48% for the week of 2024-10-10, compared to the national average of 6.32% for the same period.

The average rate for the prior week (2024-10-03) was 6.18% and one month ago for the week of 2024-09-05, the average rate was 6.61%.

Albany's average rate one year ago was 7.85%.

For refis of the same type during the week of 2024-10-10, the average rate was 6.52%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-10 6.32%
Albany 30 Year Fixed Rate 2024-10-10 6.48%
Albany 30 Year Fixed Rate Refi 2024-10-10 6.52%
Albany 15 Year Fixed Rate 2024-10-10 5.31%
Albany 15 Year Fixed Rate Refi 2024-10-10 5.41%
Albany 30 Year FHA 2024-10-10 5.8%
Albany 30 Year FHA Refi 2024-10-10 6.3%
Albany 30 Year USDA 2024-10-10 6.08%
Albany 30 Year USDA Refi 2024-10-10 6.18%
Albany 30 Year VA 2024-10-10 6.01%
Albany 30 Year VA Refi 2024-10-10 5.75%
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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 42 6.90% $5,843
Flagstar Bank, FSB 40 6.96% $4,779
Colony Bank 30 6.62% $4,423
Renasant Bank 27 7.24% $5,093
Capital City Home Loans, LLC 22 6.69% $4,017
UNITED WHOLESALE MORTGAGE, LLC 21 6.64% $7,784
PENNYMAC LOAN SERVICES, LLC 21 6.47% $5,192
Ameris Bank 13 6.69% $5,734
Synovus Bank 12 6.41% $6,283
NAVY FEDERAL CREDIT UNION 10 7.26% $3,671
Wells Fargo Bank 8 7.22% $4,945
Truist 8 6.48% $3,932
JPMorgan Chase Bank 7 7.03% $2,456
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4 6.90% $3,414
HOMESTAR FINANCIAL CORPORATION 4 6.13% $4,139
Regions Bank 4 7.06% $3,417
U.S. Bank 4 6.25% $2,467
BROKER SOLUTIONS, INC. 4 7.09% $6,271
GUARANTEED RATE, INC. 3 6.29% $7,109
Mortgage Research Center, LLC 3 7.00% $2,533
GEORGIA'S OWN 3 7.00% $3,874
Mr. Cooper ( Nationstar Mortgage ) 3 7.79% $5,348
CROSSCOUNTRY MORTGAGE, LLC 2 6.60% $8,605
AMERICAN FINANCIAL NETWORK, INC. 2 8.56% $7,033
LOANDEPOT.COM, LLC 2 6.81% $5,811
USAA Federal Savings Bank 2 6.19% $4,232
SOUTHPOINT FINANCIAL SERVICES, INC. 2 7.31% $7,080
VANDERBILT MORTGAGE AND FINANCE, INC. 2 8.25% $6,681
PHH Mortgage Corporation 2 7.56% $6,039
ROYAL UNITED MORTGAGE LLC 2 7.31% $3,691
TOTAL MORTGAGE SERVICES, LLC 2 7.25% $6,042
TOWNE MORTGAGE COMPANY 2 6.44% $6,642
NBKC BANK 1 8.38% $2,013
NEWREZ LLC 1 7.50% $6,356
21ST MORTGAGE CORPORATION 1 9.01% $6,067
PNC Bank 1 7.13% $5,751
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.88% $6,268
Prosperity Home Mortgage, LLC 1 8.13% $5,093
RELIANCE FIRST CAPITAL, LLC 1 7.50% $4,026
SIRVA MORTGAGE, INC. 1 6.13% $1,873
The Federal Savings Bank 1 6.88% $8,815
The Huntington National Bank 1 6.25% $5,907
THE MORTGAGE FIRM, INC. 1 5.63% $4,952
Third Federal Savings and Loan Association of Cleveland 1 6.39% $0
TOP FLITE FINANCIAL, INC. 1 7.00% $7,259
UIF CORPORATION 1 6.50% $3,224
VAN DYK MORTGAGE CORPORATION 1 6.88% $7,969
WRIGHT-PATT CREDIT UNION, INC. 1 6.25% $2,878
ZILLOW HOME LOANS, LLC 1 6.88% $6,151
Northpointe Bank 1 6.88% $5,107
AB&T 1 7.39% $10,193
ACOPIA, LLC 1 5.88% $4,822
Ally Bank 1 5.38% $6,480
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.25% $5,708
AMERISAVE MORTGAGE CORPORATION 1 5.75% $8,383
Arvest Bank 1 5.63% $4,021
Assurance Financial Group, L.L.C. 1 7.25% $7,646
ATLANTA POSTAL 1 6.75% $4,869
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.63% $8,705
BancorpSouth 1 6.38% $2,211
BANKSOUTH MORTGAGE COMPANY, LLC 1 6.63% $4,348
CANOPY MORTGAGE, LLC 1 6.38% $7,307
Citadel Servicing Corporation 1 10.38% $7,087
City National Bank 1 6.75% $4,280
CMG MORTGAGE, INC. 1 7.49% $5,620
DELTA COMMUNITY CREDIT UNION 1 7.75% $2,784
DIGITAL Federal Credit Union 1 5.88% $4,605
FEDERATED MORTGAGE CORP. 1 6.50% $3,085
Fifth Third Bank 1 6.63% $5,620
FIRST COMMERCE CREDIT UNION 1 5.50% $2,794
Five Star Credit Union 1 6.52% $3,642
FREEDOM MORTGAGE CORPORATION 1 6.25% $12,555
GUILD MORTGAGE COMPANY 1 6.99% $7,393
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.50% $8,760
HSBC BANK USA, NATIONAL ASSOCIATION 1 6.38% $3,192
JUSTICE Federal Credit Union 1 6.25% $2,649
Leaders Credit Union 1 6.63% $5,333
LOCAL GOVERNMENT FEDERAL CREDIT UNION 1 5.40% $2,757
Magnolia Bank 1 6.50% $9,282
MORTGAGE INVESTORS GROUP, INC. 1 6.50% $3,493
MOVEMENT MORTGAGE, LLC 1 6.63% $10,187

ALBANY Average Closing Costs & Other Stats

ALBANY, GA's 81 lenders originated 1,932 loans during 2023. The total origination value was $353,320,000, with an average loan value of $182,878.

ALBANY's average closing costs are $5,040.

The top ALBANY lender as defined by loan originations is QUICKEN LOANS, LLC, with 42 loans originated. Their average total fees are $5,843, which is $1,064 higher than the next largest lender, Flagstar Bank, FSB.

The lowest fee ALBANY lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION ($3,671), Capital City Home Loans, LLC ($4,017), Colony Bank ($4,423), Flagstar Bank, FSB ($4,779) and Renasant Bank ($5,093).

The lowest rate ALBANY lenders (with over 10 loans originated) are Synovus Bank (6.41%), PENNYMAC LOAN SERVICES, LLC (6.47%), Colony Bank (6.62%), UNITED WHOLESALE MORTGAGE, LLC (6.64%) and Ameris Bank (6.69%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Flagstar Bank, FSB $61,920,000 $31,400,000 -49.3% 8.9%
ORIX REAL ESTATE CAPITAL, LLC $26,310,000 n/a 7.4%
QUICKEN LOANS, LLC $41,530,000 $22,005,000 -47.0% 6.2%
Georgia Community Bank $18,825,000 $20,015,000 6.3% 5.7%
Mortgage Research Center, LLC $21,875,000 $18,855,000 -13.8% 5.3%
Colony Bank $25,095,000 $17,190,000 -31.5% 4.9%
Renasant Bank $17,740,000 $15,075,000 -15.0% 4.3%
Flint Community Bank $27,480,000 $14,830,000 -46.0% 4.2%
Ameris Bank $14,855,000 $10,525,000 -29.1% 3.0%
UNITED WHOLESALE MORTGAGE, LLC $14,490,000 $10,520,000 -27.4% 3.0%
Synovus Bank $13,365,000 $10,270,000 -23.2% 2.9%
NAVY FEDERAL CREDIT UNION $19,940,000 $9,755,000 -51.1% 2.8%
PENNYMAC LOAN SERVICES, LLC $4,995,000 $8,475,000 69.7% 2.4%
PeoplesSouth Bank $10,265,000 $6,610,000 -35.6% 1.9%
BROKER SOLUTIONS, INC. $12,025,000 $6,475,000 -46.2% 1.8%
Truist $8,780,000 $6,080,000 -30.8% 1.7%
Capital City Home Loans, LLC $7,080,000 $4,460,000 -37.0% 1.3%
Bank of Dawson $4,415,000 n/a 1.2%
Thomasville National Bank $330,000 $4,095,000 1,140.9% 1.2%
LIMA ONE CAPITAL, LLC $3,915,000 n/a 1.1%
Grandbridge Real Estate Capital LLC $3,665,000 n/a 1.0%
Hometown Equity Mortgage, LLC $230,000 $3,250,000 1,313.0% 0.9%
First State Bank of Blakely, Inc. $2,445,000 $3,205,000 31.1% 0.9%
USAA Federal Savings Bank $2,520,000 $2,990,000 18.7% 0.8%
SOUTHPOINT FINANCIAL SERVICES, INC. $4,205,000 $2,920,000 -30.6% 0.8%
Wells Fargo Bank $14,795,000 $2,795,000 -81.1% 0.8%
FREEDOM MORTGAGE CORPORATION $3,690,000 $2,480,000 -32.8% 0.7%
AB&T $2,390,000 n/a 0.7%
HOMESTAR FINANCIAL CORPORATION $3,410,000 $2,195,000 -35.6% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $5,520,000 $2,040,000 -63.0% 0.6%
CROSSCOUNTRY MORTGAGE, LLC $1,530,000 $2,025,000 32.4% 0.6%
AMERISAVE MORTGAGE CORPORATION $4,585,000 $1,940,000 -57.7% 0.5%
LOANDEPOT.COM, LLC $7,185,000 $1,900,000 -73.6% 0.5%
21ST MORTGAGE CORPORATION $925,000 $1,880,000 103.2% 0.5%
JPMorgan Chase Bank $3,400,000 $1,795,000 -47.2% 0.5%
NEW DAY FINANCIAL, LLC $1,085,000 $1,790,000 65.0% 0.5%
GEORGIA'S OWN $2,475,000 $1,745,000 -29.5% 0.5%
GUARANTEED RATE, INC. $1,575,000 $1,730,000 9.8% 0.5%
The Federal Savings Bank $1,470,000 $1,560,000 6.1% 0.4%
NEWREZ LLC $1,720,000 $1,555,000 -9.6% 0.4%
MORTGAGE SOLUTIONS OF COLORADO, LLC $2,435,000 $1,535,000 -37.0% 0.4%
CARDINAL FINANCIAL $1,765,000 $1,415,000 -19.8% 0.4%
Regions Bank $2,150,000 $1,390,000 -35.3% 0.4%
U.S. Bank $300,000 $1,325,000 341.7% 0.4%
Carrington Mortgage Services, LLC $1,615,000 $1,260,000 -22.0% 0.4%
VILLAGE CAPITAL MORTGAGE $1,220,000 $1,240,000 1.6% 0.4%
CALCON MUTUAL MORTGAGE LLC $515,000 $1,235,000 139.8% 0.3%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,365,000 $1,110,000 -18.7% 0.3%
Equity Prime Mortgage LLC $1,430,000 $1,095,000 -23.4% 0.3%
TOWNE MORTGAGE COMPANY $615,000 $1,075,000 74.8% 0.3%
COREVEST AMERICAN FINANCE LENDER LLC $1,035,000 n/a 0.3%
Barrington Bank & Trust Company, N.A. $800,000 $885,000 10.6% 0.3%
The Huntington National Bank $135,000 $885,000 555.6% 0.3%
LENDINGHOME FUNDING CORPORATION $975,000 $870,000 -10.8% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,030,000 $860,000 -78.7% 0.2%
The First, A National Banking Association $920,000 $805,000 -12.5% 0.2%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $625,000 $790,000 26.4% 0.2%
PNC Bank $130,000 $780,000 500.0% 0.2%
MEMBER FIRST MORTGAGE, LLC $1,375,000 $775,000 -43.6% 0.2%
TOP FLITE FINANCIAL, INC. $200,000 $725,000 262.5% 0.2%
AgFirst Farm Credit Bank $380,000 $710,000 86.8% 0.2%
Discover Bank $485,000 $710,000 46.4% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $970,000 $685,000 -29.4% 0.2%
ZILLOW HOME LOANS, LLC $1,575,000 $685,000 -56.5% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $675,000 n/a 0.2%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $535,000 $675,000 26.2% 0.2%
Third Federal Savings and Loan Association of Cleveland $115,000 $640,000 456.5% 0.2%
Figure Lending LLC $225,000 $620,000 175.6% 0.2%
UNION HOME MORTGAGE CORP. $770,000 $615,000 -20.1% 0.2%
MORTGAGE INVESTORS GROUP, INC. $360,000 $610,000 69.4% 0.2%
Fifth Third Bank $600,000 n/a 0.2%
MOVEMENT MORTGAGE, LLC $655,000 $600,000 -8.4% 0.2%
BancorpSouth $530,000 n/a 0.2%
CANOPY MORTGAGE, LLC $430,000 $530,000 23.3% 0.2%
CityWorth Mortgage LLC $640,000 $525,000 -18.0% 0.1%
SWBC MORTGAGE CORPORATION $525,000 n/a 0.1%
Mainstreet Community Bank of Florida $510,000 n/a 0.1%
MORIA DEVELOPMENT, INC. $150,000 $485,000 223.3% 0.1%
Bank of Early $475,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $300,000 $445,000 48.3% 0.1%
DOMINION FINANCIAL SERVICES, LLC $405,000 n/a 0.1%
Arvest Bank $205,000 $385,000 87.8% 0.1%
JUSTICE Federal Credit Union $380,000 n/a 0.1%
ANGEL OAK HOME LOANS LLC $1,515,000 $375,000 -75.2% 0.1%
GUARANTEED RATE AFFINITY, LLC $390,000 $375,000 -3.8% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $145,000 $375,000 158.6% 0.1%
ROYAL UNITED MORTGAGE LLC $805,000 $375,000 -53.4% 0.1%
First Federal Bank $545,000 $370,000 -32.1% 0.1%
Northpointe Bank $890,000 $365,000 -59.0% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $470,000 $360,000 -23.4% 0.1%
TOTAL MORTGAGE SERVICES, LLC $360,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $355,000 n/a 0.1%
AMERICAN HERITAGE LENDING, INC. $75,000 $350,000 366.7% 0.1%
LAKEVIEW LOAN SERVICING, LLC $2,075,000 $350,000 -83.1% 0.1%
MILEND, INC. $1,145,000 $350,000 -69.4% 0.1%
PLAZA HOME MORTGAGE, INC. $350,000 n/a 0.1%
Shamrock Home Loans, Inc. $350,000 n/a 0.1%
Bell Bank $115,000 $335,000 191.3% 0.1%
GUILD MORTGAGE COMPANY $325,000 n/a 0.1%
STOCKTON MORTGAGE CORPORATION $95,000 $320,000 236.8% 0.1%
VAN DYK MORTGAGE CORPORATION $315,000 n/a 0.1%
LIBERTY HOME MORTGAGE CORPORATION $220,000 $310,000 40.9% 0.1%
SIRVA MORTGAGE, INC. $305,000 n/a 0.1%
Leaders Credit Union $295,000 n/a 0.1%
Magnolia Bank $500,000 $295,000 -41.0% 0.1%
PENTAGON FEDERAL CREDIT UNION $1,910,000 $295,000 -84.6% 0.1%
M&T Bank $125,000 $290,000 132.0% 0.1%
HOMEOWNERS FINANCIAL GROUP USA, LLC $285,000 n/a 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $315,000 $285,000 -9.5% 0.1%
PHH Mortgage Corporation $275,000 n/a 0.1%
Citizens Community Bank $265,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $685,000 $265,000 -61.3% 0.1%
TRIAD FINANCIAL SERVICES, INC. $1,215,000 $265,000 -78.2% 0.1%
City National Bank $245,000 n/a 0.1%
SOVEREIGN LENDING GROUP INCORPORATED $205,000 $245,000 19.5% 0.1%
GENEVA FINANCIAL, LLC $1,010,000 $240,000 -76.2% 0.1%
Assurance Financial Group, L.L.C. $235,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $360,000 $235,000 -34.7% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $400,000 $225,000 -43.8% 0.1%
Franklin Loan Corporation $225,000 n/a 0.1%
1ST SIGNATURE LENDING, LLC $215,000 n/a 0.1%
DIGITAL Federal Credit Union $185,000 $205,000 10.8% 0.1%
SOUTHWEST STAGE FUNDING, LLC $115,000 $205,000 78.3% 0.1%
A&D Mortgage LLC $95,000 $195,000 105.3% 0.1%
MICHIGAN MUTUAL, INC. $195,000 n/a 0.1%
SPRING EQ, LLC $250,000 $195,000 -22.0% 0.1%
UIF CORPORATION $245,000 $195,000 -20.4% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $315,000 $185,000 -41.3% 0.1%
Great Oaks Bank $185,000 n/a 0.1%
PLANET HOME LENDING, LLC $185,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $5,000 $180,000 3,500.0% 0.1%
EMM LOANS LLC $485,000 $175,000 -63.9% 0.0%
Five Star Credit Union $175,000 n/a 0.0%
Pinnacle Bank $165,000 n/a 0.0%
ACOPIA, LLC $575,000 $155,000 -73.0% 0.0%
Ally Bank $1,105,000 $155,000 -86.0% 0.0%
BANKSOUTH MORTGAGE COMPANY, LLC $730,000 $155,000 -78.8% 0.0%
Citizens Bank $155,000 n/a 0.0%
CITY FIRST MORTGAGE SERVICES, L.L.C. $155,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $155,000 n/a 0.0%
THRIVE MORTGAGE, LLC $155,000 n/a 0.0%
FIRST COMMERCE CREDIT UNION $195,000 $150,000 -23.1% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $145,000 n/a 0.0%
Envision Credit Union $145,000 n/a 0.0%
WRIGHT-PATT CREDIT UNION, INC. $145,000 n/a 0.0%
ACADEMY MORTGAGE CORPORATION $135,000 n/a 0.0%
Armed Forces Bank $135,000 n/a 0.0%
ATLANTA POSTAL $580,000 $135,000 -76.7% 0.0%
Citadel Servicing Corporation $135,000 n/a 0.0%
CLEARPATH LENDING $400,000 $135,000 -66.3% 0.0%
NBKC BANK $775,000 $135,000 -82.6% 0.0%
EVERETT FINANCIAL, INC. $725,000 $125,000 -82.8% 0.0%
FEDERATED MORTGAGE CORP. $125,000 n/a 0.0%
Guardian Bank $125,000 n/a 0.0%
Northwest Federal Credit Union $125,000 n/a 0.0%
NETWORK CAPITAL FUNDING CORPORATION $115,000 n/a 0.0%
OCMBC, INC. $115,000 n/a 0.0%
TJC Mortgage, Inc. $115,000 n/a 0.0%
Wauchula State Bank $115,000 n/a 0.0%
Nations Lending Corporation $505,000 $105,000 -79.2% 0.0%
THE MORTGAGE FIRM, INC. $135,000 $105,000 -22.2% 0.0%
TOWER $55,000 $105,000 90.9% 0.0%
DELTA COMMUNITY CREDIT UNION $145,000 $100,000 -31.0% 0.0%
CMG MORTGAGE, INC. $165,000 $95,000 -42.4% 0.0%
FirstBank $95,000 n/a 0.0%
First Volunteer Bank $95,000 n/a 0.0%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $95,000 n/a 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $95,000 n/a 0.0%
Commercial Banking Company $375,000 $85,000 -77.3% 0.0%
COUNTRYPLACE MORTGAGE, LTD. $600,000 $85,000 -85.8% 0.0%
Paramount Residential Mortgage Group, Inc. $615,000 $85,000 -86.2% 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $75,000 n/a 0.0%
NORTH COUNTRY $75,000 n/a 0.0%
Grow Financial Federal Credit Union $45,000 $65,000 44.4% 0.0%
Prosperity Home Mortgage, LLC $225,000 $65,000 -71.1% 0.0%
Farmers & Merchants Bank $145,000 $55,000 -62.1% 0.0%
ALL IN $45,000 n/a 0.0%
Bank of America $1,585,000 $25,000 -98.4% 0.0%
Lakeview Community Capital, LLC $555,000 $25,000 -95.5% 0.0%
MidFirst Bank $15,000 n/a 0.0%
TENNESSEE VALLEY $15,000 n/a 0.0%

ALBANY's top lender by overall market share is Flagstar Bank, FSB, with 8.9% market share. In second place, with 7.4%, is ORIX REAL ESTATE CAPITAL, LLC, having originated $26,310,000 in loans. In third place, with 6.2%, is QUICKEN LOANS, LLC, having originated $22,005,000 in loans. In fourth place, with 5.7%, is Georgia Community Bank, having originated $20,015,000 in loans. In fifth place, with 5.3%, is Mortgage Research Center, LLC, having originated $18,855,000 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%) 0.44 581
2018-03-01 $124,000 (7.4%) $154,431 (8.4%) 0.44 603
2018-04-01 $129,900 (9.3%) $161,849 (9.1%) 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 $126,375 (-1.0%) $155,465 (-3.3%) 0.43 608
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%) 0.40 494
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%) 0.39 487
2019-04-01 $118,479 (-8.8%) $149,058 (-7.9%) 0.38 498
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%) 0.36 538
2019-07-01 $122,500 (0.0%) $151,270 (-3.0%) 0.38 583
2019-08-01 $119,964 (-7.0%) $150,636 (-4.4%) 0.38 595
2019-09-01 $119,984 (-4.0%) $151,339 (-3.0%) 0.38 564
2019-10-01 $119,998 (-5.1%) $152,021 (-2.2%) 0.39 527
2019-11-01 $129,900 (6.1%) $157,943 (3.4%) 0.43 487
2019-12-01 $134,950 (13.9%) $161,995 (8.7%) 0.45 456
2020-01-01 $134,925 (15.4%) $160,396 (8.4%) 0.45 420
2020-02-01 $135,000 (16.1%) $160,675 (9.5%) 0.44 431
2020-03-01 $132,450 (11.9%) $159,535 (7.7%) 0.42 448
2020-04-01 $134,900 (13.9%) $162,451 (9.0%) 0.42 431
2020-05-01 $135,000 (16.4%) $163,307 (10.2%) 0.41 406
2020-06-01 $137,425 (18.0%) $170,124 (15.0%) 0.40 356
2020-07-01 $137,450 (12.2%) $169,379 (12.0%) 0.40 291
2020-08-01 $135,000 (12.5%) $167,279 (11.1%) 0.39 279
2020-09-01 $142,100 (18.4%) $180,815 (19.5%) 0.41 264
2020-10-01 $149,900 (24.9%) $184,503 (21.4%) 0.43 279
2020-11-01 $145,000 (11.6%) $181,726 (15.1%) 0.42 252
2020-12-01 $144,000 (6.7%) $184,724 (14.0%) 0.43 254
2021-01-01 $144,950 (7.4%) $185,940 (15.9%) 0.43 236
2021-02-01 $138,875 (2.9%) $179,597 (11.8%) 0.40 228
2021-03-01 $122,850 (-7.3%) $171,325 (7.4%) 0.35 217
2021-04-01 $119,975 (-11.1%) $163,593 (0.7%) 0.32 208
2021-05-01 $110,000 (-18.5%) $166,599 (2.0%) 0.29 193
2021-06-01 $127,475 (-7.2%) $167,394 (-1.6%) 0.34 193
2021-07-01 $133,500 (-2.9%) $168,435 (-0.6%) 0.35 210
2021-08-01 $126,525 (-6.3%) $163,146 (-2.5%) 0.34 225
2021-09-01 $139,900 (-1.6%) $169,552 (-6.2%) 0.37 246
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%) 0.36 219
2021-12-01 $117,500 (-18.4%) $152,919 (-17.2%) 0.32 221
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%) 0.34 166
2022-03-01 $139,000 (13.2%) $193,709 (13.1%) 0.35 166
2022-04-01 $173,000 (44.2%) $210,329 (28.6%) 0.41 174
2022-05-01 $173,725 (57.9%) $215,800 (29.5%) 0.40 177
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%) 0.43 230
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%) 0.47 247
2022-10-01 $209,900 (50.0%) $238,467 (43.1%) 0.49 249
2022-11-01 $223,500 (66.2%) $242,190 (43.9%) 0.54 260
2022-12-01 $199,900 (70.1%) $230,487 (50.7%) 0.49 253
2023-01-01 $189,900 (65.1%) $225,423 (43.4%) 0.47 235
2023-02-01 $172,350 (33.4%) $233,076 (19.2%) 0.42 240
2023-03-01 $199,675 (43.7%) $251,808 (30.0%) 0.47 200
2023-04-01 $219,900 (27.1%) $257,606 (22.5%) 0.51 186
2023-05-01 $217,625 (25.3%) $285,819 (32.5%) 0.49 179
2023-06-01 $227,450 (25.9%) $308,485 (38.5%) 0.51 193
2023-07-01 $225,000 (18.5%) $293,619 (26.4%) 0.51 216
2023-08-01 $212,675 (1.9%) $290,822 (23.3%) 0.49 250
2023-09-01 $213,000 (6.5%) $288,794 (15.5%) 0.50 272
2023-10-01 $200,000 (-4.7%) $284,187 (19.2%) 0.47 262
2023-11-01 $200,000 (-10.5%) $250,693 (3.5%) 0.48 279
2023-12-01 $200,000 (0.1%) $245,141 (6.4%) 0.49 264
2024-01-01 $200,000 (5.3%) $281,476 (24.9%) 0.49 239
2024-02-01 $205,000 (18.9%) $267,991 (15.0%) 0.49 264
2024-03-01 $177,500 (-11.1%) $243,262 (-3.4%) 0.42 334
2024-04-01 $183,750 (-16.4%) $247,463 (-3.9%) 0.43 327
2024-05-01 $164,900 (-24.2%) $245,898 (-14.0%) 0.37 354
2024-06-01 $189,900 (-16.5%) $239,240 (-22.5%) 0.43 464
2024-07-01 $191,563 (-14.9%) $238,428 (-18.8%) 0.44 405
2024-08-01 $199,500 (-6.2%) $235,673 (-19.0%) 0.46 389
2024-09-01 $199,950 (-6.1%) $239,043 (-17.2%) 0.47 394
ALBANY's median listing price for 2024-09-01 was $199,950, a difference of $-13,050 (-6.1%) versus the prior year and $450 versus the prior month.

ALBANY's median listing price comes in at 47% of the national average.

ALBANY's average listing price for 2024-09-01 was $239,043, a difference of $-49,751 (-17.2%) versus the prior year and $3,370 versus the prior month.

For the 2024-09-01 period, ALBANY had 394 MLS listings, a difference of 5 listings (1%) versus the prior month and 122 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 88 days 1,814 sqft
2018-02-01 86 days 1,841 sqft
2018-03-01 73 days 1,840 sqft
2018-04-01 70 days 1,859 sqft
2018-05-01 73 days 1,848 sqft
2018-06-01 75 days 1,840 sqft
2018-07-01 73 days 1,785 sqft
2018-08-01 75 days 1,803 sqft
2018-09-01 79 days 1,825 sqft
2018-10-01 96 days 1,810 sqft
2018-11-01 97 days 1,800 sqft
2018-12-01 107 days 1,765 sqft
2019-01-01 118 days 1,786 sqft
2019-02-01 108 days 1,755 sqft
2019-03-01 88 days 1,740 sqft
2019-04-01 68 days 1,731 sqft
2019-05-01 68 days 1,723 sqft
2019-06-01 61 days 1,708 sqft
2019-07-01 59 days 1,705 sqft
2019-08-01 68 days 1,711 sqft
2019-09-01 79 days 1,735 sqft
2019-10-01 90 days 1,753 sqft
2019-11-01 95 days 1,785 sqft
2019-12-01 89 days 1,806 sqft
2020-01-01 95 days 1,806 sqft
2020-02-01 87 days 1,823 sqft
2020-03-01 61 days 1,800 sqft
2020-04-01 65 days 1,804 sqft
2020-05-01 78 days 1,823 sqft
2020-06-01 91 days 1,848 sqft
2020-07-01 81 days 1,837 sqft
2020-08-01 58 days 1,825 sqft
2020-09-01 59 days 1,914 sqft
2020-10-01 50 days 1,894 sqft
2020-11-01 54 days 1,910 sqft
2020-12-01 61 days 1,901 sqft
2021-01-01 72 days 1,916 sqft
2021-02-01 63 days 1,875 sqft
2021-03-01 42 days 1,734 sqft
2021-04-01 37 days 1,657 sqft
2021-05-01 52 days 1,640 sqft
2021-06-01 44 days 1,700 sqft
2021-07-01 38 days 1,667 sqft
2021-08-01 40 days 1,614 sqft
2021-09-01 41 days 1,670 sqft
2021-10-01 48 days 1,645 sqft
2021-11-01 42 days 1,658 sqft
2021-12-01 50 days 1,541 sqft
2022-01-01 53 days 1,580 sqft
2022-02-01 48 days 1,607 sqft
2022-03-01 54 days 1,639 sqft
2022-04-01 33 days 1,652 sqft
2022-05-01 38 days 1,687 sqft
2022-06-01 30 days 1,755 sqft
2022-07-01 32 days 1,790 sqft
2022-08-01 45 days 1,875 sqft
2022-09-01 52 days 1,780 sqft
2022-10-01 50 days 1,812 sqft
2022-11-01 64 days 1,847 sqft
2022-12-01 73 days 1,828 sqft
2023-01-01 73 days 1,831 sqft
2023-02-01 59 days 1,736 sqft
2023-03-01 49 days 1,846 sqft
2023-04-01 51 days 1,884 sqft
2023-05-01 48 days 1,878 sqft
2023-06-01 43 days 1,898 sqft
2023-07-01 44 days 1,950 sqft
2023-08-01 38 days 1,901 sqft
2023-09-01 44 days 1,814 sqft
2023-10-01 56 days 1,806 sqft
2023-11-01 65 days 1,771 sqft
2023-12-01 79 days 1,747 sqft
2024-01-01 81 days 1,713 sqft
2024-02-01 57 days 1,759 sqft
2024-03-01 31 days 1,625 sqft
2024-04-01 61 days 1,657 sqft
2024-05-01 81 days 1,635 sqft
2024-06-01 61 days 1,665 sqft
2024-07-01 80 days 1,629 sqft
2024-08-01 78 days 1,600 sqft
2024-09-01 74 days 1,629 sqft
ALBANY's median listing age (time on market) for 2024-09-01 was 74 days. This is 70% longer than the same period one year ago.

ALBANY's median square footage for active listings during the 2024-09-01 period was 1,629 sqft. One year prior, the average listing was 1,814 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.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
31701 Albany, GA MSA $680 $690 $810 $1,060 $1,290
31702 Albany, GA MSA $730 $740 $870 $1,140 $1,390
31703 Albany, GA MSA $730 $740 $870 $1,140 $1,390
31704 Albany, GA MSA $730 $740 $870 $1,140 $1,390
31705 Albany, GA MSA $670 $680 $800 $1,050 $1,270
31706 Albany, GA MSA $730 $740 $870 $1,140 $1,390
31707 Albany, GA MSA $890 $900 $1,060 $1,390 $1,690
31708 Albany, GA MSA $730 $740 $870 $1,140 $1,390
31712 Albany, GA MSA $700 $710 $840 $1,100 $1,340
31714 Albany, GA MSA $640 $660 $770 $1,010 $1,230
31721 Albany, GA MSA $880 $890 $1,050 $1,380 $1,670
31743 Albany, GA MSA $880 $890 $1,050 $1,380 $1,680
31744 Albany, GA MSA $640 $660 $770 $1,010 $1,230
31763 Albany, GA MSA $850 $870 $1,020 $1,340 $1,630
31764 Albany, GA MSA $920 $930 $1,100 $1,440 $1,750
31768 Albany, GA MSA $700 $710 $840 $1,100 $1,340
31771 Albany, GA MSA $700 $710 $840 $1,100 $1,340
31772 Albany, GA MSA $700 $720 $840 $1,100 $1,340
31775 Albany, GA MSA $640 $660 $770 $1,010 $1,230
31781 Albany, GA MSA $770 $780 $920 $1,210 $1,470
31782 Albany, GA MSA $730 $740 $870 $1,140 $1,390
31787 Albany, GA MSA $830 $850 $1,000 $1,310 $1,590
31789 Albany, GA MSA $860 $880 $1,030 $1,350 $1,640
31791 Albany, GA MSA $680 $700 $820 $1,070 $1,310
31795 Albany, GA MSA $740 $760 $890 $1,170 $1,420
31796 Albany, GA MSA $640 $660 $770 $1,010 $1,230
39826 Albany, GA MSA $650 $660 $780 $1,020 $1,240
39842 Albany, GA MSA $640 $660 $770 $1,010 $1,230
39862 Albany, GA MSA $640 $660 $770 $1,010 $1,230
39877 Albany, GA MSA $640 $660 $770 $1,010 $1,230
39885 Albany, GA MSA $910 $930 $1,090 $1,430 $1,740
39886 Albany, GA MSA $640 $660 $770 $1,010 $1,230

2022 Average & Median Rent Data Statistics
ALBANY, GA average 1BR rent: $749, median: $730
ALBANY, GA average 2BR rent: $880, median: $855
ALBANY, GA average 3BR rent: $1,154, median: $1,120

ALBANY, GA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,144 $232,950,000 $203,628
Refi 358 $68,440,000 $191,173
Cash Out Refi 227 $36,475,000 $160,683
Other 129 $10,035,000 $77,791
Home Improvement 74 $5,420,000 $73,243

Albany's most frequently cited loan purpose was Home Purchase, with 1,144 originations. The 2nd most popular reason was Refi, with 358 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 574 $114,680,000 $199,791
7-8% 375 $70,015,000 $186,707
Over 8% 322 $36,160,000 $112,298
5-6% 223 $48,425,000 $217,152
<2.5% 18 $26,530,000 $1,473,889
4-5% 15 $6,895,000 $459,667
3-4% 4 $360,000 $90,000
2.5-3% 1 $225,000 $225,000

During 2023, Albany's most frequently originated rate bucket was 6-7%, with 574 originations.

Loan Sizing (ALBANY, GA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 671 $98,985,000 $147,519
$100,000 or less 663 $35,575,000 $53,658
$200k-400k 508 $138,070,000 $271,791
$400k-600k 69 $32,215,000 $466,884
$600k-1000k 12 $8,530,000 $710,833
$Over $1MM 9 $39,945,000 $4,438,333

ALBANY's loan sizing saw the bucket of loans from $100k-200k with 671 originations, totaling $98,985,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 798 $171,700,000 $215,163
60-80% 316 $60,010,000 $189,905
20-40% 135 $11,385,000 $84,333
Under 20% 123 $4,645,000 $37,764
40-60% 120 $19,230,000 $160,250
Over 100% 32 $34,830,000 $1,088,438

ALBANY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 798 originations, totaling $171,700,000 in origination value.