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Foreclosures in Albion, MI 49224

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Albion, MI Foreclosures

Current Market Conditions in in Albion, MI As of February 2026?
Over the past month, Albion's real estate market has shifted slightly, with home prices increasing as demand remains strong. New listings have entered the market, and the low inventory continues to push prices upward. Buyers are encouraged to act quickly when a property is listed due to the competitive nature of the market, with several properties seeing multiple offers.
How much do homes sell for in Albion, MI?
The average home price is currently $192,962.
In Albion, MI, how many homes are available?
There are currently 3 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 $2,041,638.
What is currently the cheapest priced home in Albion, MI?
The cheapest home for sale in Albion is priced at $10,712.

Living in Albion, MI

Albion, MI offers a quaint small-town experience with a warm community spirit. The area boasts a rich history and access to various outdoor activities, making it an appealing location for families and individuals seeking a peaceful lifestyle.

Buyer vs Seller Market in Albion, MI

The Albion real estate market is showing signs of growth, thanks to its affordability and accessibility to nearby larger cities. Homes are moderately priced compared to national averages, drawing in first-time buyers and investors alike. With increasing interest, the number of homes for sale is rising, and days on market are decreasing, indicating a competitive environment.

Home Value Estimator For Albion, MI

There are currently 5,142 real estate properties in Albion, MI, with a median automated valuation model (AVM) price of $150,652.00. 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 $192,962.00, with the most expensive house in Albion, MI, topping out at $2,041,638.00 and the cheapest home in Albion, MI, clocking in at $10,712.00. 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

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