Zip 62806 (Albion, IL) Housing

The housing market in Albion, IL (62806) is a great place to invest. The median value of houses in Albion is $100,900, which is significantly lower than the national median of $338,100. In the last year alone, homes in Albion have appreciated by 18.28%, whereas nationally they have appreciated by only 8.27%. This makes investing in the housing market in Albion an attractive opportunity for buyers looking for a great return on their investment.

The median home cost in Albion (zip 62806) is $100,900. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Albion (zip 62806) is up 11.3%.

Average Age of Homes

- The median age of Albion (zip 62806) real estate is 55 years old

The Rental Market in Albion (zip 62806)

- Renters make up 18.7% of the Albion (zip 62806) population
- 0.0% of houses and apartments in Albion (zip 62806), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Albion, Illinois	United States
	1,533.0	139,647,020.0
	52	42
	$100,900	$338,100
	11.3%	16.6%
	35.2%	57.0%
	43.5%	101.1%
	$15.50	$10.98
	$1,555	$2,690
	67.6%	57.4%
	9.7%	11.2%
	22.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	8.7%	4.1%
Value of Owner-Occupied Housing
	9.4%	2.6%
	9.0%	2.4%
	7.7%	2.8%
	11.1%	3.9%
	12.6%	4.5%
	21.1%	11.3%
	9.1%	13.0%
	9.1%	20.1%
	5.6%	13.6%
	3.8%	8.3%
	1.1%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.6%	13.6%
	7.6%	13.6%
	8.3%	13.6%
	9.5%	13.2%
	18.5%	14.8%
	8.3%	13.6%
	16.3%	10.0%
	9.7%	4.7%
	16.3%	12.2%

Reviews for Albion

See all (0)

Write a Review

Start Your Review of Albion

Commute

The premier source for comprehensive city data for over 30 years.