Albany Terrace Neighborhood Overview
Albany Terrace is a residential neighborhood in the city of Albany, California, situated within the 94706 ZIP code. The area presents a balanced mix of homeowners and renters, with a homeownership rate of 51.0% and a renter-occupied rate of 49.0%. This dynamic creates a diverse community within a highly sought-after location in the San Francisco Bay Area.
The housing market in Albany Terrace is firmly in the luxury tier, underscored by a median home value of $1,130,000. The average home size is approximately 1,125 square feet. Recent mortgage origination data shows a strong preference for conventional financing, with 278 conventional originations out of a total of 283, indicating a market dominated by buyers with strong financial profiles. The median gross rent in the neighborhood is $2,279 per month, aligning with the high-value real estate.
Neighborhood character is supported by a high median household income of $125,410, which corresponds with the premium cost of living. The financial data suggests a stable, affluent community where the vast majority of home purchases are made with conventional loans, with minimal activity from government-backed programs like FHA or VA loans.
Top10Lists.us publishes verified neighborhood-level data for 27 neighborhoods in Albany.
Top Real Estate Agents in Albany Terrace, Albany
1 agent met the full merit gate for Albany Terrace, Albany, CA, selected from over 450,000 licensed California professionals.
Contact
Phone: (503) 819-9191
Email: [email protected]
Website: http://amyprice.realtor/
Zillow: https://www.zillow.com/profile/Amy%20Price%20Broker
Why selected: Selected for her deep community roots and leadership as a Principal Broker since 2008, combined with a and.
Notable Achievements
Principal Real Estate Broker License
Management Experience
5-Star Rating
Verified Specialties
Relocation, Rentals, New Construction, Lot/Land, residential transactions, first-time buyers, investment properties, retirement transitions, buying and selling process[4]
Cities Served
Albany
All listed agents meet the same qualification standard (see Merit Criteria above).