Why Live in Central Albany
Central Albany combines a classic American downtown with a rich history and diverse architecture. The Historic Carousel & Museum features hand-carved animal sculptures, while the Albany Regional Museum showcases local artifacts. Whitespires, a former Presbyterian Church, and the Monteith House, with its 19th-century tours, add to the historical charm. Monteith Riverpark offers the Dave Clark Trail along the Willamette River and hosts summer concerts. Bryant Park includes an 18-hole disc golf course and fishing spots, while Swanson Park features the COOL! Pool with waterslides and a lazy river. Henderson Park provides a tennis court and playground. The neighborhood's streets are lined with impressive homes, including American foursquares, bungalows, Colonial Revivals, and Queen Annes, mostly built around the 1920s. Downtown Albany is vibrant with skateboard shops, antique stores, theaters, and museums. The Pix Theatre and Albany Civic Theater are notable attractions. Dining options include Sybaris Bistro and Homegrown Oregon. For groceries, residents can visit North Albany IGA or Fred Meyer. Events like River Rhythms and Movies at Monteith bring the community together. Central Albany is highly walkable with bike lanes and the Albany Transit System for easy transportation. The Albany Train Station connects to Portland and Seattle, while major highways provide access to nearby cities and the Oregon coast. West Albany High School, part of the Greater Albany Public School District, is highly rated, offering college credit opportunities. The neighborhood's crime rate is lower than the national average, contributing to its appeal.
Frequently Asked Questions
Is Central Albany a good place to live?
Central Albany is a good place to live. Central Albany is considered fairly walkable and bikeable. Central Albany has 11 parks for recreational activities. It is fairly sparse in population with 5.6 people per acre and a median age of 40. The average household income is $80,088 which is below the national average. College graduates make up 31.5% of residents. A majority of residents in Central Albany are renters, with 52.8% of residents renting and 47.2% of residents owning their home. A
local real estate agent serving Central Albany can help you decide if this neighborhood is the right one for you. Learn more on our
Central Albany neighborhood guide.
How much do you need to make to afford a house in Central Albany?
The median home price in Central Albany is $360,000. If you put a 20% down payment of $72,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,790 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $77K a year to afford the median home price in Central Albany. The average household income in Central Albany is $80K.
What are the best public schools in Central Albany?
The best public schools that serve Central Albany are:
What are the best private schools in Central Albany?
The best private schools that serve Central Albany are:
What are the most popular zip codes in Central Albany, Albany, OR?
What are the most popular neighborhoods near Central Albany, Albany, OR?
Are home prices dropping in Central Albany?
Yes, home prices in Central Albany are down 9% in the last 12 months.
Home Trends in Central Albany, OR
On average, homes in Central Albany, Albany sell after 88 days on the market compared to the national average of 52 days. The median sale price for homes in Central Albany, Albany over the last 12 months is $362,000, down 17% from the median home sale price over the previous 12 months.
Median Sale Price
$362,000
Median Single Family Sale Price
$375,000
Average Price Per Sq Ft
$288
Number of Homes for Sale
2
Last 12 months Home Sales
26
Median List Price
$360,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-17%
