Albany, Oregon
real estate
Albany blends small-town character with urban convenience. A hub for antique lovers and history buffs, Albany offers diverse housing stock, strong schools, and easy access to both Salem and Corvallis.
Avg Sold Price
$446K
Q1 2026
Homes Sold Q1
147
Up from 133
Avg Days on Market
97
Residential <1 acre
Active Listings
137
Current inventory
Albany market snapshot
Q1 2026 data from Willamette Valley MLS. 147 residential sales under 1 acre.
Avg Sold Price
$446,343
-1.5% YoY
Avg Days on Market
97
Residential <1 acre
Active Listings
137
Current inventory
Price per Sq Ft
$265
Average
Albany vs Lebanon
Albany is about 65% larger than Lebanon by population and offers a wider range of housing from historic Victorian homes to new construction. At $446K average, Albany is more affordable than Corvallis but 18% higher than Lebanon ($377K). Albany homes spend fewer days on market (97 vs 105) and the city provides more urban amenities, shopping, and dining options. Lebanon wins on outdoor recreation access and small-town feel.
Albany
$446,343
Lebanon
$377,115
Difference
$69,228
Drive Time
15 minutes via US-20
Why Albany?
Population 56,828 (+1.2% annually).12 miles west of Lebanon via US-20.
Largest historic districts in Oregon — 700+ historic homes across four designated districts
Affordable compared to Corvallis ($446K vs $593K) with similar amenities
Central Willamette Valley location: 25 min to Salem, 15 min to Corvallis, 15 min to Lebanon
Strong job market with major employers in healthcare, manufacturing, and government
Excellent parks system including Timber-Linn Memorial Park and over 30 developed parks
Active arts and culture scene with the Albany Civic Theater and numerous festivals
Albany neighborhoods
Explore distinct areas of Albany, each with its own character and price point.
Historic Districts
Victorian and craftsman homes downtown
Four National Register historic districts with over 700 homes ranging from 1850s Queen Anne to 1920s Craftsman. Walkable to downtown shops and restaurants.
North Albany
Family-friendly with Corvallis commute access
Newer subdivisions north of the Willamette River with excellent schools, parks, and easy access to Corvallis via Highway 20. Popular with families and OSU commuters.
South Albany
Affordable starter homes and acreage
Mix of established neighborhoods and rural properties south of town. Offers some of the most affordable housing in the area with larger lot sizes.
East Albany
Growing developments near I-5
Albany's fastest-growing area with newer construction, shopping centers, and easy I-5 access. A mix of single-family homes and townhomes in planned developments.
Schools
Greater Albany Public Schools (GAPS)
- ✓Serves 10,000+ students across 20 schools
- ✓South Albany High and West Albany High are both rated above state averages
- ✓GAPS offers career technical education programs in healthcare, engineering, and agriculture
- ✓Oak Grove Elementary rated highly for STEM education
Major employers
Samaritan Health Services
Healthcare
ATI Specialty Alloys
Manufacturing
Linn County Government
Government
Greater Albany Public Schools
Education
Target Distribution Center
Logistics
Outdoor recreation near Albany
Timber-Linn Memorial Park — 130 acres with pool, skatepark, sports fields
Dave Clark Trail along the Willamette River
Talking Water Gardens — constructed wetland park and bird watching
Benton County Fairgrounds events year-round
Nearby Cascades access for skiing and hiking
Calapooia River kayaking and fishing