Albany, MO housing market
The typical Albany home is worth about $125,000, up 3% in a year, 53% below the Missouri typical home.
Home values, sales, trends and how Albany compares with the towns next door — updated as new data is published.
Albany at a glance
Typical home value, 2016–2026
Show as a table
| January | Albany | Missouri |
|---|---|---|
| 2017 | $80,000 | $148,000 |
| 2018 | $86,000 | $156,000 |
| 2019 | $87,000 | $165,000 |
| 2020 | $87,000 | $173,000 |
| 2021 | $99,000 | $193,000 |
| 2022 | $112,000 | $219,000 |
| 2023 | $105,000 | $237,000 |
| 2024 | $105,000 | $247,000 |
| 2025 | $117,000 | $258,000 |
| 2026 | $122,000 | $263,000 |
| August 2026 | $125,000 | $268,000 |
7 new homes permitted in 2025
Builders were permitted 7 new homes in Albany in 2025: 3 single-family houses and 4 in buildings with two or more homes. That's 3.7 per 1,000 residents, about the pace of Missouri as a whole. Over the past 10 years, Albany has permitted 13 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Albany's population fell by 51 even though 7 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Missouri: 1.1 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 2 | 2 | $329,000 |
| 2025 | 7 | 3 | 4 | $609,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 1 | 1 | 0 | $250,000 |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 1 | 1 | 0 | $60,000 |
| 2019 | 1 | 1 | 0 | $150,000 |
| 2018 | 3 | 1 | 2 | $350,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 1 | 1 | 0 | $195,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 1 | 1 | 0 | $130,000 |
| 2011 | 1 | 1 | 0 | $130,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $90,000 |
| 2007 | 4 | 4 | 0 | $256,000 |
| 2006 | 5 | 5 | 0 | $320,000 |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 4 | 4 | 0 | $504,000 |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 1 | 1 | 0 | $90,000 |
| 2001 | 8 | 8 | 0 | $825,000 |
| 2000 | 3 | 3 | 0 | $210,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
2.8 years of income
The typical Albany home costs about 2.8 years of the town's median household income, less than across Missouri (3.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $890
HUD's Fair Market Rent for a two-bedroom in Albany is $890 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Albany pay a median of $550, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $660 · 4 bedrooms $1,490
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (64402; Gentry County, MO), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Albany
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.