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Albany is located in the western part of the state of Oregon and a city and seat in Linn County, and sits in the Willamette Valley and is at the juncture of the Willamette and Calapooia rivers that is situated in the southern part of Salem. The area where the present-day Albany was established in 1848 by Walter and Thomas Monteith and named the field after the capital city of the state of New York. It Was then developed to become a shipping point for grain, wool, and the cascara bark. In 1870, the Oregon and California Railroad arrived in the site, and it spurred the boom of the economy with the lumber, wood pulp, paper, rare metals, and the food industries became a mainstay.

Home Prices

AVERAGE
382,852 +1%
MEDIAN
354,700 +6%

Relative Price (per sqft.)

PRICE
191 +3%

Listings

ACTIVE
45 -22%
NEW
64 +23%

Market Duration

DAYS
24 -24%
Population 51,583 (25.50%)
House Size (sqft.) 1,837 (4.61%)