The housing market in Albion, MI (49224) is on the upswing with a median value of $115,100. This is over $200,000 less than the US median value, but it has experienced greater appreciation within the past year at 9.09%, compared to 8.27% nationwide. Those looking for affordable housing in a growing market should look to Albion as an ideal choice.
The median home cost in Albion (zip 49224) is $115,100. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Albion (zip 49224) is up 16.2%.
Average Age of Homes
- The median age of Albion (zip 49224) real estate is 63 years old
The Rental Market in Albion (zip 49224)
- Renters make up 26.7% of the Albion (zip 49224) population
- 2.2% of houses and apartments in Albion (zip 49224), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.