Albion, ME is a small town located in the northern part of the state. It has seen significant growth in its housing market over the past year, with median value increasing from $224,600 to $261,200. This represents an appreciation rate of 16.46%, which is more than double the US House Appreciation rate of 8.27%. Despite this large increase in value, the median house value remains lower than the US average of $338,100. With its rural setting and low cost of living, Albion is an attractive option for many looking to invest in a new home.
The median home cost in Albion (zip 04910) is $224,600. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Albion (zip 04910) is up 20.6%.
Average Age of Homes
- The median age of Albion (zip 04910) real estate is 37 years old
The Rental Market in Albion (zip 04910)
- Renters make up 14.8% of the Albion (zip 04910) population
- 0.0% of houses and apartments in Albion (zip 04910), 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.