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Foreclosures in Albion, IA 50005

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Albion, IA Foreclosures

Current Market Conditions in in Albion, IA As of February 2026?
Over the past month, Albion's housing market has shown signs of stability with a minor uptick in home inspections and viewings, attributed mainly to the arrival of young families looking to settle down. Although inventory remains tight, the homes that are listed tend to receive offers quickly, indicating a competitive market.
How much do homes sell for in Albion, IA?
The average home price is currently $156,713.
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 $1,119.
What is the most expensive home in Albion?
The most expensive home sold in Albion had a price of $1,703,722.
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, Iowa, is a small town steeped in community spirit and tranquility. With its charming atmosphere, friendly residents, and strong educational facilities, Albion provides a welcoming environment. The town is ideal for those seeking a peaceful lifestyle with access to outdoor adventures and essential amenities.

Buyer vs Seller Market in Albion, IA

Albion's real estate market currently exhibits a balanced environment, with a healthy supply of homes and a steady demand. Prices have remained stable over the past few months, with slight appreciation in certain segments due to increased interest from families and retirees seeking quiet living.

New construction has also been introduced, contributing to the diversity of available housing options ranging from historic homes to modern developments.

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 $129,548.00. 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 $156,713.00, with the most expensive house in Albion, IA, topping out at $1,703,722.00 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

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