Albany, GA home prices
Typical home $167,544 · +3.9% in a year · income needed $50,200
The Albany, GA metro area ranks 766 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.9% in a year and +31.1% over five years. With 20% down at 7.11%, the typical home costs about $1,170 a month including 1.33% property tax (Dougherty County rate).
Mortgage on the typical Albany home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $33,509 | $134,035 | $902 | $0 | $269 | $1,170 | $50,200 |
| 10% down | $16,754 | $150,789 | $1,014 | $63 | $269 | $1,346 | $57,700 |
| 5% down | $8,377 | $159,167 | $1,071 | $66 | $269 | $1,406 | $60,200 |
| 3.5% down (FHA) | $5,864 | $164,509 | $1,107 | $74 | $269 | $1,450 | $62,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.33% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Albany area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Dougherty County, GA | $126,402 | +2.5% | 1.33% |
| Lee County, GA | $263,302 | +1.9% | 0.97% |
| Worth County, GA | $174,359 | +9.9% | 1.13% |
| Terrell County, GA | $120,540 | +5.2% | 1.04% |
What can you afford in Georgia on your salary? · Georgia home prices · Salaries in Georgia
Frequently asked questions
How much is a house in Albany?
The typical home in the Albany, GA metro area is worth $167,544 (Zillow, September 2026).
What salary do you need to buy a house in Albany?
About $50,200 a year for the typical home with 20% down at 7.11%.