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IN area data

Albany, IN

Albany, IN.

Population: 4,563 (Census ACS)

The median home value in Albany, IN is $200,016 — up 6.7% over the past year. Homes sell for a median $215,500 after a median 4 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with tornado, hail, inlandflooding the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$200,016

Median home value

+6.7%

1-year change

4

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$200,016
1-year appreciation
+6.7%
3-year appreciation
+19.1%
5-year appreciation
+43.5%
10-year appreciation
+117.3%
All-time peak (2026-07)
$200,016
House Price Index (state)
367.2 (+2.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$215,500
Median list price
$192,400
Median price per sqft
$124
1-year sale-price change
+30.6%
Median days on market
4 days
Homes sold (recent period)
6
For-sale inventory
18
Sale-to-list ratio
98.0%
Active listings
9
1-year forecast
+3.3%
New listings (monthly)
5

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$750/mo
1BR fair-market rent
$937/mo
2BR fair-market rent
$1,156/mo
3BR fair-market rent
$1,502/mo
4BR fair-market rent
$1,734/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Schools include
Albany Elementary School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
tornado, hail, inlandFlooding, lightning, strongWind
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Moderate · iceStorm: Relatively Low · inlandFlooding: Relatively Moderate
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 2% of US counties
Buildings in wildfire direct-exposure zone
31.3%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Broadway Street Corridor Groundwater Contamination (23.9 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
63.0°F
Average low
45.0°F
Annual precipitation
40.9 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
40
Days with Good air quality
287
Days with Moderate air quality
71
Highest AQI recorded (year)
121

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
5.2 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
4,364
Jobs reachable by transit (45 min)
5,096

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
27
Nearest airport
Finney's Airpark (1 mi)
Nearest major airport
Delaware County Johnson Field (MIE) (7 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
INDIANA UNIVERSITY HEALTH BALL MEMORIAL HOSPITAL
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
3.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-150 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,967
Housing built before 1970
53.2%
Housing built 2000 or later
7.1%
Median annual property tax
$959
Mean commute to work
26 min
Households with broadband internet
62.5%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
36,443
Average weekly wage
$945
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
67

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

AlbanyState medianUS median
Median home value$200,016$237,170$289,727
Median sale price$215,500$238,000$325,000
Median days on market4 days38 days51 days
Median annual property tax$959$1,179$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Albany, IN?
$200,016.
What is the median sale price in Albany, IN?
$215,500.
How long do homes take to sell in Albany, IN?
Median days on market: 4 days.
What is typical rent in Albany, IN?
2-bedroom fair-market rent: $1,156/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Albany, IN?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: tornado, hail, inlandFlooding, lightning, strongWind.
Is Albany, IN in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in Albany, IN?
Risk to homes is higher than 2% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Albany, IN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Albany, IN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Albany, IN?
1 schools (1 elementary) (NCES, 2022-23).
Is Albany, IN walkable?
Walkability index: 5.2/20 (EPA Smart Location Database).
What is the air quality in Albany, IN?
Good. Median AQI: 40. (EPA AQI).
What is the cost of living in Albany, IN?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Albany

Selling a home in Albany, IN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents