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ALBANY, IL 61230

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The ALBANY, IL real estate market (61230) currently shows 8 active listings, with 2 pending sales. Homes are averaging 108 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 108 days on market compared to 61 days last year.

The median listing price has fallen 19.2% year-over-year, from $205,000 to $165,650.

Whether you are buying or selling in ALBANY, IL, 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: 932  ·  Density: 18.7/mi²  ·  Median household income: $74,583

Typical home value: $155,600  ·  Homeownership: 89.7%

Market Overview

Active Listings
8
⇧ 60% vs 5 last year
Pending
2
25% pending ratio
Median Price
$165,650
⇩ 19.2% vs $205,000 last year
Average Price
$151,789
⇩ 26% vs $205,000 last year
Days on Market
108
⇧ 77% vs 61 days last year

Price Per Square Foot

Median $/sqft
$104
⇩ 5.5% vs $110/sqft last year
Median Home Size
1,415 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 5 last year
  • Days on market: 108 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $165,650 (-19.2% YoY)
  • Average: $151,789 (-26% 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 18.3 miles — 437 listings ($153,703,045 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61230Albany, IL 612300.0 mi8$1,258,160$159,900$157,270
52730Camanche, IA 527307.0 mi15$3,723,405$232,850$248,227
61250Erie, IL 612508.2 mi6$1,109,178$187,500$184,863
61257Hillsdale, IL 6125710.4 mi2$720,000$360,000$360,000
52732Clinton, IA 5273211.2 mi108$19,226,052$133,700$178,019
52753Le Claire, IA 5275312.1 mi33$14,892,339$380,853$451,283
61270Morrison, IL 6127014.2 mi33$7,354,116$143,675$222,852
61256Hampton, IL 6125615.8 mi5$876,850$147,075$175,370
52727Bryant, IA 5272716.2 mi2$629,900$314,950$314,950
52756Long Grove, IA 5275616.8 mi6$3,034,428$467,975$505,738
52722Bettendorf, IA 5272217.8 mi155$77,257,425$424,973$498,435
52807Davenport, IA 5280718.0 mi44$19,613,352$412,995$445,758
61241Colona, IL 6124118.3 mi20$4,007,840$233,500$200,392

Frequently Asked Questions

How many homes are for sale in ALBANY, IL 61230?

As of March 2026, there are 8 active listings in ALBANY, IL (zip code 61230), compared to 5 the prior year.

What is the median home price in ALBANY, IL 61230?

The median listing price in ALBANY, IL 61230 is $165,650 as of March 2026, a 19.2% decrease from $205,000 the prior year.

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

Homes in ALBANY, IL 61230 spend an average of 108 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in ALBANY, IL 61230?

Based on current inventory and days-on-market data as of March 2026, ALBANY, IL 61230 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 108 days on market compared to 61 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ALBANY, IL 61230 save an estimated $3,313 compared to a typical 5% commission on the median listing price of $165,650. 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.