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ALBANY, IN 47320

Real Estate Market Report  ·  Delaware County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The ALBANY, IN real estate market (47320) currently shows 13 active listings, with 4 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 88 days on market compared to 30 days last year.

The median listing price has fallen 15.3% year-over-year, from $274,675 to $232,725.

Whether you are buying or selling in ALBANY, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,320  ·  Density: 51.1/mi²  ·  Median household income: $63,305

Typical home value: $113,948  ·  Homeownership: 85.3%

Market Overview

Active Listings
13
⇧ 30% vs 10 last year
Pending
4
31% pending ratio
Median Price
$232,725
⇩ 15.3% vs $274,675 last year
Average Price
$255,046
⇩ 5.6% vs $270,224 last year
Days on Market
88
⇧ 193.3% vs 30 days last year

Price Per Square Foot

Median $/sqft
$107
⇩ 7.8% vs $116/sqft last year
Median Home Size
1,568 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 10 last year
  • Days on market: 88 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $232,725 (-15.3% YoY)
  • Average: $255,046 (-5.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.6 miles — 223 listings ($44,857,587 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47320Albany, IN 473200.0 mi12$2,805,504$197,500$233,792
47338Eaton, IN 473385.9 mi9$2,123,172$165,550$235,908
47368Parker City, IN 473687.6 mi1$199,000$199,000$199,000
47336Dunkirk, IN 473368.7 mi18$1,682,658$81,037$93,481
47340Farmland, IN 473409.8 mi9$2,052,108$194,900$228,012
47302Muncie, IN 4730211.8 mi90$14,151,960$116,225$157,244
47348Hartford City, IN 4734813.1 mi36$9,255,816$184,950$257,106
46957Matthews, IN 4695714.4 mi2$479,900$239,950$239,950
46989Upland, IN 4698916.4 mi7$2,756,026$357,400$393,718
47394Winchester, IN 4739416.7 mi26$5,227,430$187,425$201,055
47369Pennville, IN 4736917.0 mi2$270,000$135,000$135,000
47334Daleville, IN 4733417.8 mi9$3,774,213$255,000$419,357
47382Saratoga, IN 4738218.6 mi2$79,800$39,900$39,900

Frequently Asked Questions

How many homes are for sale in ALBANY, IN 47320?

As of April 2026, there are 13 active listings in ALBANY, IN (zip code 47320), compared to 10 the prior year.

What is the median home price in ALBANY, IN 47320?

The median listing price in ALBANY, IN 47320 is $232,725 as of April 2026, a 15.3% decrease from $274,675 the prior year.

How long do homes stay on the market in ALBANY, IN?

Homes in ALBANY, IN 47320 spend an average of 88 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in ALBANY, IN 47320?

Based on current inventory and days-on-market data as of April 2026, ALBANY, IN 47320 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 88 days on market compared to 30 days last year.

How much can I save on real estate commission in ALBANY, IN?

With SELL123.com's maximum 3% commission, sellers in ALBANY, IN 47320 save an estimated $4,655 compared to a typical 5% commission on the median listing price of $232,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.