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Sheriff Sale Homes in Albion, IL

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Albion, IL Foreclosures

How much do homes sell for in Albion, IL?
The average home price is currently $101,934.
In Albion, IL, how many homes are available?
There are currently 2 active home listings available in Albion.
What’s the average rental cost in Albion, IL?
The average rental price in Albion is $944.
What is the most expensive home in Albion?
The most expensive home sold in Albion had a price of $1,251,022.
What is currently the cheapest priced home in Albion, IL?
The cheapest home for sale in Albion is priced at $1,764.

Living in Albion, IL

Albion, Illinois, is a quaint small town that boasts a strong sense of community and comfortable living. With access to nature, local amenities, and nearby regional attractions, Albion is ideal for families and individuals looking to settle in a welcoming environment. The town's friendly atmosphere, coupled with a diverse set of outdoor activities, makes it an attractive location for a peaceful lifestyle.

Current Market Conditions in Albion, IL

Albion's real estate market has remained stable, with a mix of single-family homes catering to families and retirees alike. The demand for homes has seen a consistent increase, potentially due to its affordable pricing compared to larger urban areas. This trend signifies a growing interest from both local residents and those seeking a quieter life away from the hustle and bustle of the bigger cities.

Recently, there has been an uptick in home renovation projects as residents invest in improving their property values, while new listings in Albion cater to both first-time buyers and individuals searching for vacation homes.

As the town continues to develop its amenities and attract new residents, the real estate market is expected to experience gradual appreciation in property values over the next few years.

Home Value Estimator For Albion, IL

There are currently 960 real estate properties in Albion, IL, with a median automated valuation model (AVM) price of $75,316.00. 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, IL, 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, IL, is $101,934.00, with the most expensive house in Albion, IL, topping out at $1,251,022.00 and the cheapest home in Albion, IL, clocking in at $1,764.00. In other words, there’s something for every potential homebuyer or savvy investor in Albion, IL!

Rent Prices In Albion, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Albion, IL, is on a rollercoaster ride. The average rent price in Albion, IL, is $944.00. Indeed, when looking to rent in Albion, IL, you can expect to pay as little as $570.00 or as much as $2,020.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Albion, IL -- 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, IL Sheriff Sale Homes

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