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Foreclosure Homes in Albion, MI 49224

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Albion, MI Foreclosures

How much do homes sell for in Albion, MI?
The average home price is currently $184,368.
In Albion, MI, how many homes are available?
There are currently 50 active home listings available in Albion.
What’s the average rental cost in Albion, MI?
The average rental price in Albion is $1,036.
What is the most expensive home in Albion?
The most expensive home sold in Albion had a price of $1,624,922.
What is currently the cheapest priced home in Albion, MI?
The cheapest home for sale in Albion is priced at $11,894.

Living in Albion, MI

Albion, Michigan, is a vibrant small town that balances community spirit with attractive recreational opportunities. Known for its quality schools and local shops, Albion welcomes families and individuals looking for a friendly place to call home. With beautiful parks, it's perfect for those who enjoy outdoor activities.

Current Market Conditions in Albion, MI

The Albion real estate market has seen steady growth over the past year, with a noticeable increase in demand for homes. Many buyers are attracted to the affordable housing options and the welcoming community atmosphere.

Recent developments and renovation projects in downtown Albion have sparked interest in the area, leading to increased property values and new residential opportunities.

Home Value Estimator For Albion, MI

There are currently 4,641 real estate properties in Albion, MI, with a median automated valuation model (AVM) price of $151,863.00. 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, MI, 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, MI, is $184,368.00, with the most expensive house in Albion, MI, topping out at $1,624,922.00 and the cheapest home in Albion, MI, clocking in at $11,894.00. In other words, there’s something for every potential homebuyer or savvy investor in Albion, MI!

Rent Prices In Albion, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Albion, MI, is on a rollercoaster ride. The average rent price in Albion, MI, is $1,036.00. Indeed, when looking to rent in Albion, MI, you can expect to pay as little as $620.00 or as much as $2,080.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Albion, MI -- 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, MI 49224 Foreclosures


Market Trend for Albion, MI

Total Listings Available: 50

Market Values:

Home Prices from $11,894 to $1,624,922

Average Sales Price: $184,368

Rental Values:

Rental from $620 to $2,080

Average Rent Value: $1,036 / month

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