ZIP 97321 Housing Market Update: Values Near $500K, Moderate Pace, Steady Listings
97321 – February 22, 2026 – Albany-area market holds near $500K with ~2–3 month turn times; inventory steady. Here’s what buyers and sellers watch now.
ZIP 97321 (Albany, Oregon) continues to look like a steady, middle-of-the-road market: values are hovering around the $500K mark, homes are still taking about 2–3 months to turn, and buyers have options but not a flood of inventory.
Top takeaways
- Price signals are mixed by source, but the center of gravity remains near $500K for ZIP-level metrics.
- Market speed is moderate: recent dashboards show roughly 70–78 days on market.
- Inventory looks stable, with Zillow showing under 100 homes in its for-sale inventory metric and Realtor.com showing roughly 140+ active listings.
- Negotiation is possible: sale-to-list ratios around 99% suggest many homes are closing near asking rather than far above it.
Market snapshot (latest available ZIP dashboards)
Zillow Home Value Index (through Jan 31, 2026): typical home value about $500,243, essentially flat year-over-year (+0.1%). Zillow also reports 98 homes in its for-sale inventory metric and 20 new listings for the same cut of data, with a median list price around $564,967.
Redfin (Dec 2025): median sale price about $499,750 (+5.2% YoY), with homes selling in roughly 70 days. Redfin also characterizes ZIP 97321 as somewhat competitive, with sale-to-list price around 99.2%.
Active listings pulse (today’s listing portal view): Realtor.com shows a median listing price around $552,500 with about 142 active homes for sale and an average of 78 days on market.
Rentals: quick check-in
Rental data can lag more than for-sale data at the ZIP level, but Realtor.com’s market dashboard lists a median rental price around $1,892 for 97321 in its most recently displayed rental metric. Use it as a directional reference and compare to current active rentals when you shop.
What’s for sale nearby (how locals are filtering)
- Lower-priced inventory: Redfin’s filtered view for cheaper homes shows dozens of options (41 listings in its current view), useful for first-time buyers or downsizers tracking affordability.
- Full-market browse: Zillow and Realtor.com ZIP searches remain the fastest way to see what’s newly listed, what’s had price drops, and which neighborhoods are stacking up the most choice week to week.
- Strategy note: With mortgage rates still the biggest affordability lever, it can pay to re-run your payment math whenever you see a price cut or a new listing hits your must-have criteria.
ServiceXTC directory note
We attempted to pull 3–5 verified ServiceXTC local provider pages for ZIP 97321 (inspectors, HVAC, roofing, remodeling, etc.), but no confirmable directory URLs surfaced in today’s limited crawl window. If you are a local home-service pro serving 97321, make sure your ServiceXTC listing is indexed so future updates can spotlight you.
What are you seeing right now in 97321 — more price reductions, or are well-priced homes still moving quickly?
Sources
https://www.zillow.com/home-values/99192/albany-or-97321/
https://www.redfin.com/zipcode/97321/housing-market
https://www.realtor.com/realestateandhomes-search/97321
https://www.realtor.com/local/market/oregon/zipcode-97321
https://www.redfin.com/zipcode/97321/cheap-homes
https://www.zillow.com/albany-or-97321/