Home Value Trail

Metro areas › Albany, OR

Metropolitan area

Albany, OR

Oregon · 1 county · 132,843 residents (2025 est.)

FHFA quarterly index through 2026 Q2Annual index 1975–2025Permits through August 2026
FHFA house price index for Albany, OR, quarterly from 1987 to 2026 Q2, with the national index rebased to the same start and NBER recessions shadedRecession 1990–91Recession 2001Recession 2007–09Recession 2020010020030040050019901995200020052010201520202025United States2026: 420
Albany (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line above is FHFA's standard quarterly all-transactions index for the metropolitan area; the comparison table below uses FHFA's annual CBSA index, which FHFA describes as developmental. The index does not give a dollar value for any home.

The Albany, OR metropolitan area covers 1 county. Its FHFA house price index, starting in 1975, stood at 1341 in 2025, +1241.0% above the base of 100.

The standard quarterly index for the area, published through 2026 Q2, is −0.8% on a year earlier and +0.3% on the previous quarter.

Over the ten years to 2025 the annual index rose +123.9% (+8.4% a year), well above Oregon at +85.5% and well above the national +85.0%.

From a 2007 peak the index fell −22.4% to 2012, regaining the peak in 2017.

Across its counties, 255 housing units were authorised in the 12 months to August 2026, 1.9 per 1,000 residents, +29.4% on the previous 12 months.

−0.8%year to 2026 Q2, quarterly indexUS +3.0%
+2.2%1 year, 2024–2025US +2.8%
+44.8%5 yearsUS +47.0%
+123.9%10 years+8.4% a year annualised
+207.8%since 2000US +158.3%
255units permitted, 12 months1.9 per 1,000 residents

Same span, three levels

Change in the FHFA indexAlbanyOregonUnited States
1 year (2024–2025)+2.2%+0.9%+2.8%
5 years (2020–2025)+44.8%+34.9%+47.0%
10 years (2015–2025)+123.9%+85.5%+85.0%
20 years (2005–2025)+154.1%+110.5%+79.1%
Since 2000+207.8%+199.8%+158.3%
Since 1975+1241.0%+1288.6%+960.7%
10-year annualised+8.4%+6.4%+6.3%
20-year annualised+4.8%+3.8%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+10.2%+68.2%
1990s (1990–2000)+108.0%+33.9%
2000s (2000–2010)+28.9%+29.7%
2010s (2010–2020)+64.9%+35.5%
2020s so far (2020–2025)+44.8%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
19801981−25.9%1984
20072012−22.4%2017
19841987−13.1%1990

Building permits across the area

Housing units authorised in the area's county (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Albany, OR area by month, latest 12 months02040Sep 2025: 19 units (19 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 30 units (16 single-family, 14 in multi-unit buildings)Oct 2025Nov 2025: 5 units (5 single-family, 0 in multi-unit buildings)Nov 2025Dec 2025: 13 units (13 single-family, 0 in multi-unit buildings)Dec 2025Jan 2026: 22 units (15 single-family, 7 in multi-unit buildings)Jan 2026Feb 2026: 29 units (18 single-family, 11 in multi-unit buildings)Feb 2026Mar 2026: 17 units (17 single-family, 0 in multi-unit buildings)Mar 2026Apr 2026: 17 units (11 single-family, 6 in multi-unit buildings)Apr 2026May 2026: 32 units (26 single-family, 6 in multi-unit buildings)May 2026Jun 2026: 20 units (15 single-family, 5 in multi-unit buildings)Jun 2026Jul 2026: 29 units (21 single-family, 8 in multi-unit buildings)Jul 2026Aug 2026: 22 units (22 single-family, 0 in multi-unit buildings)Aug 2026

Housing units authorised in the Albany, OR area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Albany, OR area by month, latest 60 months050100Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 14 units (7 single-family, 7 in multi-unit buildings)Feb 2022: 21 units (14 single-family, 7 in multi-unit buildings)Mar 2022: 58 units (16 single-family, 42 in multi-unit buildings)Apr 2022: 45 units (27 single-family, 18 in multi-unit buildings)May 2022: 45 units (26 single-family, 19 in multi-unit buildings)Jun 2022: 55 units (28 single-family, 27 in multi-unit buildings)Jul 2022: 21 units (16 single-family, 5 in multi-unit buildings)Aug 2022: 36 units (29 single-family, 7 in multi-unit buildings)Sep 2022: 25 units (18 single-family, 7 in multi-unit buildings)Sep 2022Oct 2022: 31 units (18 single-family, 13 in multi-unit buildings)Nov 2022: 14 units (14 single-family, 0 in multi-unit buildings)Dec 2022: 12 units (12 single-family, 0 in multi-unit buildings)Jan 2023: 10 units (10 single-family, 0 in multi-unit buildings)Feb 2023: 20 units (15 single-family, 5 in multi-unit buildings)Mar 2023: 38 units (23 single-family, 15 in multi-unit buildings)Apr 2023: 20 units (20 single-family, 0 in multi-unit buildings)May 2023: 25 units (25 single-family, 0 in multi-unit buildings)Jun 2023: 22 units (16 single-family, 6 in multi-unit buildings)Jul 2023: 49 units (33 single-family, 16 in multi-unit buildings)Aug 2023: 37 units (27 single-family, 10 in multi-unit buildings)Sep 2023: 31 units (21 single-family, 10 in multi-unit buildings)Sep 2023Oct 2023: 26 units (26 single-family, 0 in multi-unit buildings)Nov 2023: 28 units (14 single-family, 14 in multi-unit buildings)Dec 2023: 7 units (5 single-family, 2 in multi-unit buildings)Jan 2024: 17 units (12 single-family, 5 in multi-unit buildings)Feb 2024: 12 units (12 single-family, 0 in multi-unit buildings)Mar 2024: 29 units (27 single-family, 2 in multi-unit buildings)Apr 2024: 81 units (15 single-family, 66 in multi-unit buildings)May 2024: 23 units (8 single-family, 15 in multi-unit buildings)Jun 2024: 43 units (35 single-family, 8 in multi-unit buildings)Jul 2024: 21 units (14 single-family, 7 in multi-unit buildings)Aug 2024: 29 units (29 single-family, 0 in multi-unit buildings)Sep 2024: 28 units (20 single-family, 8 in multi-unit buildings)Sep 2024Oct 2024: 26 units (23 single-family, 3 in multi-unit buildings)Nov 2024: 2 units (2 single-family, 0 in multi-unit buildings)Dec 2024: 13 units (13 single-family, 0 in multi-unit buildings)Jan 2025: 10 units (8 single-family, 2 in multi-unit buildings)Feb 2025: 5 units (5 single-family, 0 in multi-unit buildings)Mar 2025: 27 units (21 single-family, 6 in multi-unit buildings)Apr 2025: 17 units (13 single-family, 4 in multi-unit buildings)May 2025: 21 units (14 single-family, 7 in multi-unit buildings)Jun 2025: 12 units (12 single-family, 0 in multi-unit buildings)Jul 2025: 19 units (19 single-family, 0 in multi-unit buildings)Aug 2025: 17 units (13 single-family, 4 in multi-unit buildings)Sep 2025: 19 units (19 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 30 units (16 single-family, 14 in multi-unit buildings)Nov 2025: 5 units (5 single-family, 0 in multi-unit buildings)Dec 2025: 13 units (13 single-family, 0 in multi-unit buildings)Jan 2026: 22 units (15 single-family, 7 in multi-unit buildings)Feb 2026: 29 units (18 single-family, 11 in multi-unit buildings)Mar 2026: 17 units (17 single-family, 0 in multi-unit buildings)Apr 2026: 17 units (11 single-family, 6 in multi-unit buildings)May 2026: 32 units (26 single-family, 6 in multi-unit buildings)Jun 2026: 20 units (15 single-family, 5 in multi-unit buildings)Jul 2026: 29 units (21 single-family, 8 in multi-unit buildings)Aug 2026: 22 units (22 single-family, 0 in multi-unit buildings)

Housing units authorised in the Albany, OR area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Albany, OR area by year, 1995–202505001,0001,5001995: 291 units (291 single-family, 0 in multi-unit buildings)19951996: 342 units (342 single-family, 0 in multi-unit buildings)1997: 426 units (426 single-family, 0 in multi-unit buildings)1998: 503 units (503 single-family, 0 in multi-unit buildings)1999: 616 units (348 single-family, 268 in multi-unit buildings)2000: 512 units (369 single-family, 143 in multi-unit buildings)20002001: 559 units (430 single-family, 129 in multi-unit buildings)2002: 568 units (544 single-family, 24 in multi-unit buildings)2003: 677 units (630 single-family, 47 in multi-unit buildings)2004: 905 units (792 single-family, 113 in multi-unit buildings)2005: 1,015 units (865 single-family, 150 in multi-unit buildings)20052006: 891 units (783 single-family, 108 in multi-unit buildings)2007: 799 units (616 single-family, 183 in multi-unit buildings)2008: 540 units (260 single-family, 280 in multi-unit buildings)2009: 246 units (236 single-family, 10 in multi-unit buildings)2010: 174 units (161 single-family, 13 in multi-unit buildings)20102011: 180 units (130 single-family, 50 in multi-unit buildings)2012: 228 units (152 single-family, 76 in multi-unit buildings)2013: 455 units (269 single-family, 186 in multi-unit buildings)2014: 393 units (270 single-family, 123 in multi-unit buildings)2015: 365 units (344 single-family, 21 in multi-unit buildings)20152016: 405 units (395 single-family, 10 in multi-unit buildings)2017: 539 units (481 single-family, 58 in multi-unit buildings)2018: 540 units (446 single-family, 94 in multi-unit buildings)2019: 716 units (466 single-family, 250 in multi-unit buildings)2020: 796 units (440 single-family, 356 in multi-unit buildings)20202021: 620 units (385 single-family, 235 in multi-unit buildings)2022: 327 units (220 single-family, 107 in multi-unit buildings)2023: 377 units (239 single-family, 138 in multi-unit buildings)2024: 309 units (201 single-family, 108 in multi-unit buildings)2025: 189 units (140 single-family, 49 in multi-unit buildings)2025

Housing units authorised in the Albany, OR area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaOregonUnited States
Housing units authorised25515,3151,418,086
Units per 1,000 residents1.93.64.1
Single-family share78%59%63%
Change on previous 12 months+29.4%+11.9%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Linn CountyOR+2.2%+123.9%2551.9

Questions and answers

How much have home values in the Albany, OR area risen over 10 years?

The FHFA annual index rose +123.9% between 2015 and 2025, about +8.4% a year. Over 20 years: +154.1%; since 2000: +207.8%. The quarterly index is −0.8% on a year earlier as of 2026 Q2.

Which counties in the Albany, OR area rose most?

By ten-year change to 2025: Linn County (+123.9%).

What happened to Albany, OR prices after 2007?

The index peaked in 2007, fell −22.4% to 2012 and regained the peak in 2017. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Albany, OR area?

255 housing units were authorised across the area's counties in the 12 months to August 2026, 78% of them single-family, 1.9 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026) and its standard quarterly metropolitan index; Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1975–2025; quarterly metropolitan area index (all-transactions) through 2026 Q2. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.