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Affordable Housing in Albion, NY

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Albion, NY Foreclosures

How much do homes sell for in Albion, NY?
The average home price is currently $186,381.
In Albion, NY, how many homes are available?
There are currently 8 active home listings available in Albion.
What’s the average rental cost in Albion, NY?
The average rental price in Albion is $1,108.
What is the most expensive home in Albion?
The most expensive home sold in Albion had a price of $14,853,546.
What is currently the cheapest priced home in Albion, NY?
The cheapest home for sale in Albion is priced at $10,500.

Living in Albion, NY

Albion, NY, is a charming village in Orleans County, offering residents a small-town atmosphere with rich history and scenic beauty. With various local shops, parks, and access to Lake Ontario, Albion is perfect for those seeking outdoor recreation and community events. Its strategic location provides easy commuting to nearby urban areas, making it a desirable place to live.

Current Market Conditions in Albion, NY

The real estate market in Albion has seen a steady increase in demand due to its attractive rural setting and affordability compared to larger urban centers. While the inventory of homes for sale remains low, prices are gradually rising, reflecting the growing interest in the area from both first-time home buyers and those seeking vacation properties.

In contrast to previous years, the last few months have shown a slight uptick in listings, but the market continues to be competitive. Home buyers are encouraged to act quickly, as properties are often off the market soon after being listed.

Home Value Estimator For Albion, NY

There are currently 5,398 real estate properties in Albion, NY, with a median automated valuation model (AVM) price of $167,150.00. 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, NY, 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, NY, is $186,381.00, with the most expensive house in Albion, NY, topping out at $14,853,546.00 and the cheapest home in Albion, NY, clocking in at $10,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Albion, NY!

Rent Prices In Albion, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Albion, NY, is on a rollercoaster ride. The average rent price in Albion, NY, is $1,108.00. Indeed, when looking to rent in Albion, NY, you can expect to pay as little as $520.00 or as much as $2,380.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Albion, NY -- 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, NY Affordable Housing


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