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).
$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)
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
| Albany | State median | US median | |
|---|---|---|---|
| Median home value | $200,016 | $237,170 | $289,727 |
| Median sale price | $215,500 | $238,000 | $325,000 |
| Median days on market | 4 days | 38 days | 51 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
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →