Housing & Real Estate — Albemarle, North Carolina

Overview

Total Housing Units8,095
Occupied6,722
Vacant1,373
Owner-Occupied3,877
Renter-Occupied2,845
Median Home Value (Census)$204,800
Estimated 2026~$256,000
Median Rent$856/mo
Median Property Tax$1,396/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income21.9%
Severely Rent-Burdened46.7%

Housing Age

Built 2010 or later524
Built 2000-2009545
Built 1990-1999581
Built before 19603,389
Median Year Built1963
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.