Is Albany, LA 70711 a buyer’s or seller’s market?
Albany is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Albany housing market right now
In the three months ending August 31, 2026, 0% of homes in Albany, LA 70711 sold above their list price, the typical home went under contract in 57 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (17 days then) and the median sale price fell 3% to $249,892. Overall, Albany is less competitive than a year ago, which gives buyers more room.
Within Livingston Parish, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Denham Springs 70706 (22% sold over asking) and Walker 70785 (18% sold over asking) are even more competitive.
Run the numbers for 70711
Nearby markets
Denham Springs 70706Seller’s market $158 /sq ftDenham Springs 70726Seller’s market $151 /sq ftFrench Settlement 70733Buyer’s market $157 /sq ftHolden 70744Balanced $141 /sq ft Browse all markets →Towns like Albany nearby
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Questions about Albany real estate
Is Albany a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in Albany, LA 70711 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Albany?
The typical home went under contract in 57 days in the latest three months.
Do homes in Albany sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Albany?
About 0.46% of a home’s value a year in Livingston Parish, or roughly $1,840 on a $400,000 home.
What is the median home price in Albany?
The median sale price was $249,892 in the three months ending August 31, 2026, about $175 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology