$75,000
Market St
Albion, ID
Land10,454 sqft lot
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Sarah Mitchell
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Compass Real Estate · Albion, ID
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Albion, ID(512) 555-0184TX License #0512847
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Albion, ID Housing Market
Balanced market+9.3% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly
The typical home in Albion, ID is worth $316,011, rose 9.3% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $357,000 (through May 2026). With 0.5 months of supply and homes going under contract in about 1493 days, Albion is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $316,011 home is about $1,625/mo in principal and interest.
Key numbers for Albion, ID
Typical home value
$316,011
+9.3% in 12 months
Zillow, July 2026
Median sale price
$357,000
Last published period
Redfin, through May 2026
Days on market
1493
Slow-moving
Redfin, through May 2026
Active listings
1
0.5 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$73,375
Home costs 4.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
95.0%
Selling below asking
Redfin, through May 2026
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Albion a buyer's or seller's market?
Balanced market0.5 months of supply1493 days on market95.0% of asking
Albion, ID is a balanced market, based on 0.5 months of supply and homes selling in about 1493 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Albion housing market data show?
Every row below is Redfin's final published month for Albion, ID. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $357,000 |
| Median price per sq ft | $205/sq ft |
| Median days on market | 1493 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 95.0% |
| Homes sold (that month) | 2 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Albion is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Albion is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Albion home prices moved?
Across the 14 months we hold for Albion, ID, the median sale price rose 38.6%, from $257,500 in May 2021 to $357,000. The live Zillow value series has rose 9.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 0.5 months while the sale-to-list ratio slips below its current 95.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Albion?
Priced off the typical home value of $316,011 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $63,202 | $252,809 | $1,625/mo |
| 5% | $15,801 | $300,211 | $1,929/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,625, that implies roughly $69,627 a year before you add taxes and insurance. The median household in Albion earns $73,375, about $3,748 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.3x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Albion in the next 12 months?
Tell us your timeline. We send the Albion market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Albion?
Zillow does not publish a rent index (ZORI) for Albion, ID, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Albion?
Active listings in Albion, ID went from 3 in May 2021 to 1 in May 2026, a -66.7% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| May 2021 | 3 | 1 |
| June 2021 | 2 | not published |
| August 2021 | 3 | 1 |
| October 2021 | 1 | not published |
| November 2021 | 1 | not published |
| June 2023 | 1 | not published |
| October 2023 | 1 | not published |
| July 2025 | 2 | not published |
| March 2026 | 4 | 1 |
| April 2026 | 2 | not published |
| May 2026 | 1 | not published |
Redfin, through May 2026
How does Albion compare to Idaho and the U.S.?
Albion homes sell for $357,000 — 29% below the Idaho median of $503,400. Against the national median of $410,700, Albion runs 13% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Albion, ID | $357,000 | not published | 1493 days |
| Idaho statewide | $503,400 | +1.3% | 35 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Albion
What buyers should watch
- Months of supply, currently 0.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $305 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $316,011 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Albion listing goes under contract in 1493 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 95.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Your equity moved +9.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Albion varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Albion
There are currently 1 homes listed for sale in Albion, Idaho. Featured listings range from $75,000 to $16,400,000.
$105,000
918 S Highway 77 Lot 2
Albion, ID
Land1.06 acres
View photos & details
$105,000
918 S Highway 77 Lot 1
Albion, ID
Land1.13 acres
View photos & details
$279,000
263 Whitman St
Albion, ID
3 bd2 ba2,398 sqft$116/ft²
House15,682 sqft lot
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$363,500
225 Whitman St
Albion, ID
3 bd2 ba1,515 sqft$240/ft²
House5,663 sqft lot
View photos & details
$369,500
235 Whitman St
Albion, ID
3 bd2 ba1,540 sqft$240/ft²
House7,841 sqft lot
View photos & details
$369,500
245 Whitman St
Albion, ID
3 bd2 ba1,540 sqft$240/ft²
House8,276 sqft lot
View photos & details
$399,000
136 West St
Albion, ID
3 bd2 ba2,044 sqft$195/ft²
House23,348 sqft lot
View photos & details
$515,000
515 School St
Albion, ID
3 bd3 ba2,135 sqft$241/ft²
House17,860 sqft lot
View photos & details
$1,990,000
1000 E 900 S
Albion, ID
Land100.00 acres
View photos & details
$3,000,000
Marsh Creek Rd
Albion, ID
Land240.00 acres
View photos & details
$16,400,000
1200 S Lands Creek Rd
Albion, ID
Land3280.00 acres
View photos & details
Looking to buy in Albion?
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Active listings
1
Homes on market
Avg. days on market
1493
Days until sale
Sale-to-list:95.0%
How much do homes cost in Albion by property type?
How the Albion, ID market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $357,000 | $205/sq ft | 2 | 1493 days |
Who lives in Albion?
American Community Survey estimates for Albion. U.S. Census ACS, 2023
Population
371
Households
153
Median income
$73,375/yr
Median age
42 years
Owner-occupied
83.7%
Median home value
$240,000
Median gross rent
$958/mo
Mean commute
20.9 min
83.7% of occupied homes in Albion are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $240,000 against Zillow's $316,011 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Albion?
1 schools tracked · 25 students
The largest public schools serving Albion, ID by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
ALBION ELEMENTARY SCHOOL
Grades PK-5 · 25 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Albion, ID?
Ordered by distance from Albion, not by size. Compare Albion side by side with any of them.
Albion housing market FAQ
Is Albion a buyer's or seller's market?
Albion, ID is currently a balanced market. That read comes from 0.5 months of supply, homes going under contract in about 1493 days, and sellers getting 95.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Albion?
The typical home in Albion, ID is worth $316,011 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $357,000, about $205 per square foot.
Is Albion cheaper than the rest of Idaho?
Albion's median sale price of $357,000 is 29% lower than the Idaho statewide median of $503,400, and 13% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Albion?
Homes in Albion, ID spent a median of 1493 days on market before going under contract, versus 35 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Albion?
At the current 30-year fixed rate of 6.66%, 20% down on a $316,011 home is about $1,625 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $69,627 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $73,375.
Are home prices rising in Albion?
The typical home value in Albion, ID rose 9.3% over the last 12 months, from $289,036 to $316,011 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Albion?
Albion ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Albion?
That depends on your timeline, not on a headline. What the data says today: Albion, ID is a balanced market with 0.5 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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