Is Albany, IN 47320 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Albany is a seller’s market. With about 1.8 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.8Under 4 months = seller’s market

Sold above original list28.6%Share of sales, last 3 months

Median sale-to-list98.9%Sold price ÷ list price

Median days on market12Listing to accepted offer

Median price per sq ft$120▼ −8.3% vs. last year

Run the numbers for 47320

Prefilled for 47320Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47320Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Daleville 47334Seller’s market $138 /sq ft Eaton 47338Seller’s market $151 /sq ft Gaston 47342Seller’s market $187 /sq ft Muncie 47302Seller’s market $93 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology