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Foreclosure Homes in Albion, IA 50005

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Albion, IA Foreclosures

Current Market Conditions in in Albion, IA As of March 2026?
In the last month, Albion's real estate market has stabilized, with a slight uptick in available listings. While the demand remains consistent, buyers are finding more options, which could lead to a more balanced market over time. Overall, sales activity is steady, suggesting that the area's appeal continues to draw interest.
How much do homes sell for in Albion, IA?
The average home price is currently $155,106.
In Albion, IA, how many homes are available?
There are currently 7 active home listings available in Albion.
What’s the average rental cost in Albion, IA?
The average rental price in Albion is $1,119.
What is the most expensive home in Albion?
The most expensive home sold in Albion had a price of $1,710,536.
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 town that embodies the spirit of small-town America. With a rich agricultural background, it offers a community-focused lifestyle, basic amenities, and a variety of outdoor activities. Located near larger cities, residents enjoy both the tranquility of rural living and easy access to urban conveniences.

Buyer vs Seller Market in Albion, IA

Albion’s real estate market is currently stable, with moderate demand for homes. The area is attractive for first-time buyers and families looking for a quieter lifestyle away from larger urban centers.

Over the past year, Albion has seen a gradual increase in home prices as new buyers are drawn to the community's charm and accessibility. The local market remains competitive, yet affordable compared to nearby cities.

Home Value Estimator For Albion, IA

There are currently 541 real estate properties in Albion, IA, with a median automated valuation model (AVM) price of $128,980.00. 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 $155,106.00, with the most expensive house in Albion, IA, topping out at $1,710,536.00 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 $1,119.00. 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 50005 Foreclosures

Market Trend for Albion, IA

Total Listings Available: 7

Market Values:

Home Prices from $12,751 to $1,710,536

Average Sales Price: $155,106

Rental Values:

Rental from $750 to $2,140

Average Rent Value: $1,119 / month

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