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Foreclosure Homes in Albion, IA

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Albion, IA Foreclosures

How much do homes sell for in Albion, IA?
The average home price is currently $153,190.
In Albion, IA, how many homes are available?
There are currently 8 active home listings available in Albion.
What’s the average rental cost in Albion, IA?
The average rental price in Albion is $1,120.
What is the most expensive home in Albion?
The most expensive home sold in Albion had a price of $1,068,000.
What is currently the cheapest priced home in Albion, IA?
The cheapest home for sale in Albion is priced at $12,751.

Living in Albion, IA

Albion, IA, is a quaint small town that fosters a close community spirit. It offers essential amenities, quality education, and numerous outdoor activities. The scenic landscapes and accessible transportation options make it an attractive place for families and individuals alike.

Current Market Conditions in Albion, IA

The real estate market in Albion is currently favorable for investors with a variety of single-family homes available at reasonable prices. The demand for housing in smaller towns is growing, particularly as more people seek quieter living environments away from urban centers.

With its low inventory and increasing interest from buyers seeking affordable options, Albion presents a prime opportunity for investors looking to capitalize on both rental properties and home sales in a strong community setting.

Home Value Estimator For Albion, IA

There are currently 523 real estate properties in Albion, IA, with a median automated valuation model (AVM) price of $124,697.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Albion, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Albion, IA, is $153,190.00, with the most expensive house in Albion, IA, topping out at $1,068,000.00 and the cheapest home in Albion, IA, clocking in at $12,751.00. In other words, there’s something for every potential homebuyer or savvy investor in Albion, IA!

Rent Prices In Albion, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Albion, IA, is on a rollercoaster ride. The average rent price in Albion, IA, is $1,120.00. Indeed, when looking to rent in Albion, IA, you can expect to pay as little as $750.00 or as much as $2,140.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Albion, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Albion, IA Foreclosures


Market Trend for Albion, IA

Total Listings Available: 8

Market Values:

Home Prices from $12,751 to $1,068,000

Average Sales Price: $153,190

Rental Values:

Rental from $750 to $2,140

Average Rent Value: $1,120 / month

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