Welcome to our 31705 real estate data hub, tailored for investors in Albany, GA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 31705 in Albany, GA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in DOUGHERTY COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Albany, GA real estate investing. Uncover the wealth of information available, and position yourself for success in the Albany property market.
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Location Overview
- Zip Code: 31705
- City: Albany
- State: GA
- Metro Area: Albany, GA
- County Name: DOUGHERTY COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $77,382
- Average Home Price (Single Family Homes): $77,388
- Average Monthly Rental Price (All Types): $795
- Price-to-Rent Ratio: 8
- Zillow Projected % appreciation from 4/2023-4/2024: 1.6%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $800
- Average 3 Bedroom Section 8 Rental Rates: $1,050
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 8.06
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 6.14
- Number of Units Offered in Section 8 in the County: 707
- Number of Occupied Units in Section 8 in the County: 661
- Percentage of Section 8 Units Occupied in the County: 93.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 138.14
- Total % Appreciation since 2000 (Government Data): 75.91
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.58%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 10.66%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 52.54%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 70.78%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 82.29%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 47.99%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 68.58%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%