Albion, NE is a great place to live due to its low median housing value. At $243,500, it is significantly lower than the US median housing value of $338,100. The house appreciation rate for the last year in Albion was 10.45%, which is higher than the US average of 8.27%. This means that if you are looking to invest in real estate, Albion is definitely worth considering as an option as it has shown consistent positive growth over the past year.
The median home cost in Albion is $243,500. Home appreciation the last 10 years has been 80.6%. Home Appreciation in Albion is up 15.2%.
Average Age of Homes
- The median age of Albion real estate is 56 years old
The Rental Market in Albion
- Renters make up 21.1% of the Albion population
- 2.4% of houses and apartments in Albion, 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.