Median price for residential apartments in Albany, VT as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
5 Albany, VT, USA apartments for sale
Albany
According to statistics, the population in Albany, VT amounts to 159, which shows decline -3% compared to the previous year. The median age of the city’s residents is 40. The average household income is $68,438, shifting growth 12% from the past year, and the average property value in Albany, VT growth 12% to $143,800 throughout the year.
| Population | 159 |
| Median Age | 39.9 |
| Poverty Rate | 2% |
| Household Income | $68,438 |
| Number Of Employees | 66 |
| Median Property Value | $143,800 |
Household Income
The average household income in Albany, VT grew from $61,250 to $68,438 in the past year. This data is an estimate based upon 57 households in Albany, VT . The chart below presents how household income is distributed in Albany, VT in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Albany, VT shifted from $128,600 to $143,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Albany, VT in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Albany, VT properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Albany, VT compared to median property taxes around the country. The prevalent amount of property taxes in Albany, VT equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Albany, VT, USA
Average apartment sale in Albany: $93,483 (-25.7%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $135,000 | N/A |
| 3-bed apartments | $125,900 | +0% |
| 4+ bed apartments | $75,000 | N/A |
During Nov 2022, the average price for an apartment in/near Albany, VT decreased by 25.7% to $93,483.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $125,900. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $75,000 for a big-family home.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $85,180 | -32.3% |
| Apartments for sale | $135,000 | N/A |
While assessing the property pricing Albany, VT, you can note that it remains flat with a price tag of $135,000. Price reports demonstrate that house price decreased by 32.3% this month making it up to $85,180.