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Albion, IN Foreclosures

How much do homes sell for in Albion, IN?
The average home price is currently $283,786.
In Albion, IN, how many homes are available?
There are currently 1 active home listings available in Albion.
What’s the average rental cost in Albion, IN?
The average rental price in Albion is $1,176.
What is the most expensive home in Albion?
The most expensive home sold in Albion had a price of $3,823,500.
What is currently the cheapest priced home in Albion, IN?
The cheapest home for sale in Albion is priced at $16,027.

Living in Albion, IN

Albion, IN is a serene town that offers a small-town atmosphere with the warmth of a close-knit community. With its beautiful nature spots, quality schools, and various local amenities, it's an ideal place for families and individuals seeking peace without being too far from urban conveniences. The town hosts numerous events that showcase its history and culture, actively engaging all residents.

Current Market Conditions in Albion, IN

Albion's real estate market has been stable, with a steady demand for homes due to its appeal for families and retirees seeking a peaceful lifestyle. Home prices have seen a moderate increase over the past year, reflecting the town's growth and desirability as a residential area. The average time on the market for homes has decreased, indicating a competitive environment where well-maintained properties are quickly sought after by buyers.

Home Value Estimator For Albion, IN

There are currently 2,673 real estate properties in Albion, IN, with a median automated valuation model (AVM) price of $235,922.00. 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, IN, 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, IN, is $283,786.00, with the most expensive house in Albion, IN, topping out at $3,823,500.00 and the cheapest home in Albion, IN, clocking in at $16,027.00. In other words, there’s something for every potential homebuyer or savvy investor in Albion, IN!

Rent Prices In Albion, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Albion, IN, is on a rollercoaster ride. The average rent price in Albion, IN, is $1,176.00. Indeed, when looking to rent in Albion, IN, you can expect to pay as little as $480.00 or as much as $2,420.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Albion, IN -- 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.

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