How much house does $500,000 buy you in Albany, Oregon?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Albany, Oregon?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Albany, Oregon right now. Listings below $500,000 were included if necessary.
483 Se Hazel St, Mill City, OR 97360
- Price: $485,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,553
- See 483 Se Hazel St, Mill City, OR 97360 on Redfin.com
2361 Kokanee Way, Lebanon, OR 97355
- Price: $498,500
- 4 bedrooms, 3 bathrooms
- Square feet: 2,389
- See 2361 Kokanee Way, Lebanon, OR 97355 on Redfin.com
2380 Mountain River Dr, Lebanon, OR 97355
- Price: $498,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,235
- See 2380 Mountain River Dr, Lebanon, OR 97355 on Redfin.com
3015 Lansing Ave Se, Albany, OR 97322
- Price: $489,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,052
- See 3015 Lansing Ave Se, Albany, OR 97322 on Redfin.com
1492 Strawberry Rdg, Sweet Home, OR 97386
- Price: $495,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,035
- See 1492 Strawberry Rdg, Sweet Home, OR 97386 on Redfin.com
2000 Cougar Ave Sw, Albany, OR 97321
- Price: $496,640
- 4 bedrooms, 3 bathrooms
- Square feet: 1,941
- See 2000 Cougar Ave Sw, Albany, OR 97321 on Redfin.com
1949 Cougar Ave Sw, Albany, OR 97321
- Price: $490,000
- 4 bedrooms, 3 bathrooms
- Square feet: 1,940
- See 1949 Cougar Ave Sw, Albany, OR 97321 on Redfin.com
4908 Mimosa Cir, Sweet Home, OR 97386
- Price: $490,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,662
- See 4908 Mimosa Cir, Sweet Home, OR 97386 on Redfin.com
1673 Seven Mile Ln Se, Albany, OR 97322
- Price: $478,400
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,975
- See 1673 Seven Mile Ln Se, Albany, OR 97322 on Redfin.com
1006 Mountain View Rd, Sweet Home, OR 97386
- Price: $499,900
- 4 bedrooms, 2 bathrooms
- Square feet: 3,386
- See 1006 Mountain View Rd, Sweet Home, OR 97386 on Redfin.com
811 Calapooia Ave, Brownsville, OR 97327
- Price: $500,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,046
- See 811 Calapooia Ave, Brownsville, OR 97327 on Redfin.com
1090 Se 3Rd Ave, Mill City, OR 97360
- Price: $480,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,945
- See 1090 Se 3Rd Ave, Mill City, OR 97360 on Redfin.com
3236 Lyon St Se, Albany, OR 97322
- Price: $450,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,676
- See 3236 Lyon St Se, Albany, OR 97322 on Redfin.com
33724 Viewcrest Dr Ne, Albany, OR 97322
- Price: $470,900
- 4 bedrooms, 1 bathroom
- Square feet: 1,922
- See 33724 Viewcrest Dr Ne, Albany, OR 97322 on Redfin.com
970 Lasalle St, Harrisburg, OR 97446
- Price: $475,000
- 4 bedrooms, 1 bathroom
- Square feet: 1,874
- See 970 Lasalle St, Harrisburg, OR 97446 on Redfin.com
440 Spaulding Ave, Brownsville, OR 97327
- Price: $489,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,622
- See 440 Spaulding Ave, Brownsville, OR 97327 on Redfin.com
6173 Savannah St Se, Albany, OR 97322
- Price: $485,000
- 3 bedrooms, 3 bathrooms
- Square feet: 1,992
- See 6173 Savannah St Se, Albany, OR 97322 on Redfin.com
150 E Jadon Dr, Lebanon, OR 97355
- Price: $459,900
- 3 bedrooms, 3 bathrooms
- Square feet: 1,953
- See 150 E Jadon Dr, Lebanon, OR 97355 on Redfin.com
1472 Logan Pkwy, Albany, OR 97322
- Price: $477,050
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,987
- See 1472 Logan Pkwy, Albany, OR 97322 on Redfin.com
1989 S 12Th St, Lebanon, OR 97355
- Price: $450,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,878
- See 1989 S 12Th St, Lebanon, OR 97355 on Redfin.com
2801 Raleigh Ct Se, Albany, OR 97322
- Price: $485,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,830
- See 2801 Raleigh Ct Se, Albany, OR 97322 on Redfin.com
1138 9Th Ave Sw, Albany, OR 97321
- Price: $465,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,726
- See 1138 9Th Ave Sw, Albany, OR 97321 on Redfin.com
1697 Stasny Ave Se, Albany, OR 97322
- Price: $469,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,680
- See 1697 Stasny Ave Se, Albany, OR 97322 on Redfin.com
4697 Caribou Dr Sw, Albany, OR 97321
- Price: $479,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,644
- See 4697 Caribou Dr Sw, Albany, OR 97321 on Redfin.com
38888 Highway 226, Scio, OR 97374
- Price: $500,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,626
- See 38888 Highway 226, Scio, OR 97374 on Redfin.com
2029 Chase Loop Sw, Albany, OR 97321
- Price: $474,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,559
- See 2029 Chase Loop Sw, Albany, OR 97321 on Redfin.com
396 Hickory Ct, Lyons, OR 97358
- Price: $465,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,442
- See 396 Hickory Ct, Lyons, OR 97358 on Redfin.com
1185 25Th Ave Sw, Albany, OR 97321
- Price: $484,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,421
- See 1185 25Th Ave Sw, Albany, OR 97321 on Redfin.com
35018 Northernwood Dr, Brownsville, OR 97327
- Price: $485,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,440
- See 35018 Northernwood Dr, Brownsville, OR 97327 on Redfin.com
42531 Upper Calapooia Dr, Sweet Home, OR 97386
- Price: $469,900
- 1 bedroom, 1 bathroom
- Square feet: 792
- See 42531 Upper Calapooia Dr, Sweet Home, OR 97386 on Redfin.com
