$1
IA Highway 330
Albion, IA
Farm170.73 acres
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Sarah Mitchell
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Compass Real Estate · Albion, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Albion, IA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Albion, IA Housing Market & Real Estate
Leaning buyer's
Housing market overview · Updated monthly ·
$159,000median sale price
How is the Albion, IA housing market right now?
The median home sale price in Albion, IA is $159,000. Homes sell in an average of 119 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Albion a buyer's or seller's market?
Leaning buyer's119 avg. days on market
Albion, IA is currently a leaning buyer's and homes selling in about 119 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
119
Average pace
Active listings
—
Sale-to-list
99.4%
Below asking
What does the Albion housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $159,000 |
| Average days on market | 119 days |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $123/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Albion by property type?
How the Albion, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $159,000 | $123/sq ft | 1 | 119 days |
Source: Redfin · Updated monthly
The Albion housing market is currently classified as a leaning buyer's with a median sale price of $159,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 119 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.7x provides context for how home values compare to local earning capacity.
Homes for sale in Albion
Explore homes currently listed for sale in Albion, Iowa across major real estate platforms.
$159,900
105 S Dubuque St
Albion, IA
3 bd2 ba1,288 sqft$124/ft²
House11,326 sqft lot
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$159,900
206 and 208 E Minerva St
Albion, IA
3 bd2 ba1,750 sqft$91/ft²
Mobile home10,454 sqft lot
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$395,000
2107 148th St
Albion, IA
7 bd5 ba3,840 sqft$103/ft²
House9.33 acres
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$743,438
148th St
Albion, IA
Farm48.75 acres
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Sale-to-list:99.4%
Who lives in Albion?
Population
617
Median income
$73,750/yr
Median age
43.3 years
Owner-occupied
92.2%
College grads
8.1%
Avg commute
24.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Albion?
Zillow home value
$196,081
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Albion?
Albion is a community of approximately 1K residents with a median age of 43.3 years.The median household income is $73,750, which represents a working-class community with solid middle-income opportunities. 8.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 92.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Albion offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Albion, IA?
Want a head-to-head view? Compare Albion side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Albion?
The median home sale price in Albion is $159,000, down 0.0% from last year.
How long do homes stay on market in Albion?
Homes typically spend 119 days on market before going under contract.
What is the median income in Albion?
The median household income is $73,750 per year.
How many homes are for sale in Albion?
There are currently 5 homes listed for sale in Albion, IA.
What is the Zillow home value estimate for Albion?
The Zillow Home Value Index (ZHVI) for Albion is $196,081, representing the typical home value in the area.
How much does a single-family home cost in Albion?
The median single-family home price in Albion, IA is $159,000 (about $123 per square foot).
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