Albany, OR home prices
Typical home $408,252 · +0.3% in a year · income needed $115,500
The Albany, OR metro area ranks 142 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.3% in a year and +15.7% over five years. With 20% down at 7.11%, the typical home costs about $2,696 a month including 0.87% property tax (Linn 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 | $81,650 | $326,601 | $2,197 | $0 | $499 | $2,696 | $115,500 |
| 10% down | $40,825 | $367,427 | $2,472 | $153 | $499 | $3,124 | $133,900 |
| 5% down | $20,413 | $387,839 | $2,609 | $162 | $499 | $3,269 | $140,100 |
| 3.5% down (FHA) | $14,289 | $400,857 | $2,697 | $181 | $499 | $3,376 | $144,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.87% 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 |
|---|---|---|---|
| Linn County, OR | $408,244 | +0.3% | 0.87% |
What can you afford in Oregon on your salary? · Oregon home prices · Salaries in Oregon
Frequently asked questions
How much is a house in Albany?
The typical home in the Albany, OR metro area is worth $408,252 (Zillow, September 2026).
What salary do you need to buy a house in Albany?
About $115,500 a year for the typical home with 20% down at 7.11%.