Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Albion, RI. There are 560 discounted homes for sale in Albion, RI we think you'll love.
Albion, RI, is a charming village in Lincoln with a welcoming community atmosphere, great outdoor spaces, and educational opportunities for families. It offers a blend of rural character and modern amenities, making it an attractive choice for those looking to settle in a peaceful environment.
There are currently 18 real estate properties in Albion, RI, with a median automated valuation model (AVM) price of $415,106.00. 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, RI, 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, RI, is $431,216.00, with the most expensive house in Albion, RI, topping out at $692,550.00 and the cheapest home in Albion, RI, clocking in at $342,194.00. In other words, there’s something for every potential homebuyer or savvy investor in Albion, RI!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Albion, RI, is on a rollercoaster ride. The average rent price in Albion, RI, is $1,647.00. Indeed, when looking to rent in Albion, RI, you can expect to pay as little as $1,500.00 or as much as $1,850.00, with the average rent median estimated to be $1,630.00. The good news is that finding an affordable and desirable property to rent in Albion, RI -- 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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