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2025 Compare Cities Housing:
Albion, MI vs Parma, MI

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Highlights
- The median age of a home in Albion is 5.1% older than the median age of a home in Parma.
 Albion, MIParma, MIUnited States
 Median Home Age78  Unlock42
 Median Home Cost  Unlock$216,800$338,100
 Home Appr. Last 12 months16.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock56.4%57.0%
 Home Appr. Last 10 yrs.106.2%  Unlock101.1%
 Property Tax Rate  Unlock$13.7$11.0
 Homes Owned43.9%  Unlock57.4%
 Housing Vacant  Unlock11.2%11.2%
 Homes Rented35.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Albion, MIParma, MIUnited States
 Average Rent  Unlock$1,210$1,840
 Studio Apartment$640  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$780$1,180
 2 Bedroom Home or Apartment$880  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,230$1,860
 4 Bedroom Home or Apartment$1,290  Unlock$2,160
 space1
 Vacant Housing
 Albion, MIParma, MIUnited States
 Vacant For Rent  Unlock5.0%1.9%
 Vacant Rented1.0%  Unlock0.4%
 Vacant For Sale  Unlock0.0%0.7%
 Vacant Sold2.4%  Unlock0.4%
 Vacant Vacation  Unlock0.8%3.6%
 Vacant Other10.6%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Albion, MIParma, MIUnited States
 Less Than $20,000  Unlock0.0%2.6%
 $20,000 to $39,99913.7%  Unlock2.4%
 $40,000 to $59,999  Unlock5.6%2.8%
 $60,000 to $79,99915.1%  Unlock3.9%
 $80,000 to $99,999  Unlock21.6%4.5%
 $100,000 to $149,99914.4%  Unlock11.3%
 $150,000 to $199,999  Unlock15.4%13.0%
 $200,000 to $299,9994.5%  Unlock20.1%
 $300,000 to $399,999  Unlock0.0%13.6%
 $400,000 to $499,9990.4%  Unlock8.3%
 $500,000 to $749,999  Unlock1.9%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Albion, MIParma, MIUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock1.7%13.6%
 2000 to 20090.9%  Unlock13.6%
 1990 to 1999  Unlock4.5%13.6%
 1980 to 19892.6%  Unlock13.2%
 1970 to 1979  Unlock17.8%14.8%
 1960 to 19691.3%  Unlock13.6%
 1950 to 1959  Unlock10.3%10.0%
 1940 to 19497.0%  Unlock4.7%
 1939 or Earlier  Unlock37.6%12.2%
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Learn More About Albion, Michigan
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Learn More About Parma, Michigan
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