The housing market in Albion township, MI is doing relatively well compared to the US housing market, with the median value of housing at $177,800 compared to the US median value of $338,100. The US has seen an appreciation of 8.27% in housing prices over the past year; however, Albion township has seen a higher appreciation rate of 9.09%. This shows that this area is a strong and desirable place to live for potential home buyers or investors.
The median home cost in Albion township is $177,800. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Albion township is up 16.2%.
Average Age of Homes
- The median age of Albion township real estate is 57 years old
The Rental Market in Albion township
- Renters make up 15.9% of the Albion township population
- 0.0% of houses and apartments in Albion township, 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.