Preforeclosure Homes in Albany, OR

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View this home at Chicago St Se Albany OR 97322
Preforeclosure NEW
$332,441 EMV

3 Bed | 1 Bath | 1,030 Sq. Ft.

View this home at San Felicia Ave Se Albany OR 97322
$301,751 EMV
5 View this home at Marten Ave Sw Albany OR 97321
$437,975 EMV

3 Bed | 3 Bath | 1,583 Sq. Ft.

View this home at Marion St Se Albany OR 97322
$395,100 EMV
View this home at 16th Ave Sw Albany OR 97321
$290,565 EMV

3 Bed | 1 Bath | 983 Sq. Ft.

View this home at Parkwoods Dr Ne Albany OR 97322
$364,229 EMV
View this home at Nw Quarry Rd Albany OR 97321
$443,520 EMV
View this home at Marion St Se Albany OR 97322
View this home at Chi Ct Se Albany OR 97322
$212,750 EMV

2 Bed | 2 Bath | 972 Sq. Ft.

View this home at Kerrisdale Dr Se Albany OR 97322
$404,216 EMV

3 Bed | 3 Bath | 1,771 Sq. Ft.

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Home Value Estimator For Albany, OR

There are currently 19,870 real estate properties in Albany, OR, with a median automated valuation model (AVM) price of $411,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Albany, OR, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Albany, OR, is $455,940.00, with the most expensive house in Albany, OR, topping out at $18,432,600.00 and the cheapest home in Albany, OR, clocking in at $55,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Albany, OR!

Rent Prices In Albany, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Albany, OR, is on a rollercoaster ride. The average rent price in Albany, OR, is $1,242.00. Indeed, when looking to rent in Albany, OR, you can expect to pay as little as $630.00 or as much as $3,500.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Albany, OR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Albany, OR

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Albany, OR area at Get information on foreclosure homes for rent, how to buy foreclosures in Albany, OR and much more. Save thousands at closing with home foreclosure listings in Albany, OR — up to 75% off market value!

Top Reasons To Live In Albany, OR In 2023

Albany is located in Linn, Oregon, with an estimated municipal population of 55,338 residents. All of the best foreclosed homes for sale in Albany are located in the following zip code areas on 97321 97322. The estimated population per square kilometer (.62 miles) in Albany is 1,218.

Cost Of Living In Albany, OR

So, about how much do homes cost in Albany? The most recent median value of resident-owned homes in Albany is 224,982. An estimated 58.8 percent of households in Albany own their homes, with an average family size of 3.07. The median household income in Albany is 60,624, with23.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Albany, the median commute time of resident workers (in minutes) is 20.8. And last, but certainly not least, are you looking for homes to rent in Albany? If so, the average rent price paid by renters in Albany is 966, according to recent statistics.

Diversity And Demographics In Albany, Oregon

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Albany, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Albany is 37, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Albany is 47.3, with an average family size of 3.07.

The percentage of residents who report their race in Albany is as follows:

White 86.6%
Black / African American 0.5%
Asian 1.6%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 5%
Other 5%

Looking for family-friendly neighborhoods in and/or near Albany? Or maybe you are searching for 55+ active adult communities in and/or near Albany?

The percentage of residents who report their age in Albany is as follows:

Under 10 12.1%
Aged 10-19 13%
20s 15.5%
30s 13.2%
40s 12.5%
50s 12.1%
60s 11.1%
70s 6.7%
80+ 3.7%

Best Schools In Albany, Oregon

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Albany with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Albany.

Pros And Cons Of Living In Albany, Oregon

How do you know that living in -- or moving to -- Albany is right where you need to be? Perhaps you grew up in Albany or already live nearby; therefore, the decision to buy a home in Albany is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Albany for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Albany:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Albany.

Reasons To Move To Albany, Oregon, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Albany can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Albany, meanwhile, can field multiple offers from more qualified buyers.

Albany, OR Preforeclosure Homes


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