East Albany / Five Points median real estate price is $54,139, which is less expensive than 98.2% of Georgia neighborhoods and 98.1% of all U.S. neighborhoods.
The average rental price in East Albany / Five Points is currently $813, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.1% of Georgia neighborhoods.
East Albany / Five Points is a suburban neighborhood (based on population density) located in Albany, Georgia.
East Albany / Five Points real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the East Albany / Five Points neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in East Albany / Five Points. The current real estate vacancy rate here is 20.4%. This is higher than the rate of vacancies in 85.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.