Condo Foreclosures in Albion, MI

Current Market Conditions in Albion, MI

The current real estate market in Albion is relatively stable, with home prices showing a small yet consistent appreciation. There is a balanced inventory of homes available for sale, catering to both first-time buyers and those looking to upgrade. The demand for homes remains steady as families are drawn to the community's safe environment and good schools.

In recent months, there has been an uptick in interest from out-of-town buyers, particularly those seeking more affordable housing options. This trend has contributed to an increase in the average days homes stay on the market, indicating a competitive but healthy market overall.

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.