The housing market in 16401 Albion, PA is much more affordable than the nation overall. The median home value in this region is $148,700, while the median home value in the US is $338,100. In terms of appreciation, the US has been experiencing an 8.27% growth over the past year; however, homes in 16401 Albion have grown 6.70% during that same period. This data indicates that it may be a good time to invest in real estate within this area as prices are still relatively low compared to other parts of the country.
The median home cost in Albion (zip 16401) is $148,700. Home appreciation the last 10 years has been 55.4%. Home Appreciation in Albion (zip 16401) is up 13.4%.
Average Age of Homes
- The median age of Albion (zip 16401) real estate is 49 years old
The Rental Market in Albion (zip 16401)
- Renters make up 20.4% of the Albion (zip 16401) population
- 0.5% of houses and apartments in Albion (zip 16401), 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.