The housing market in Albion, ID (83311) is a thriving one. According to recent data, the median value of a house in Albion is $361,900, which is significantly higher than the national median house value of $338,100. In addition, the year-over-year house appreciation rate in Albion is 13.72%, nearly 5.5 percentage points higher than the US appreciation rate of 8.27%. This suggests that real estate in Albion remains an attractive option for potential buyers and investors alike.
The median home cost in Albion (zip 83311) is $361,900. Home appreciation the last 10 years has been 167.8%. Home Appreciation in Albion (zip 83311) is up 21.1%.
Average Age of Homes
- The median age of Albion (zip 83311) real estate is 43 years old
The Rental Market in Albion (zip 83311)
- Renters make up 12.5% of the Albion (zip 83311) population
- 1.9% of houses and apartments in Albion (zip 83311), 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.