Albion, MI

Balanced market+9.7% YoY

Housing market overview · Updated weekly

$170,000median sale price

Homes sold

7

Last 12 weeks

Days on market

166

Average pace

Active listings

22

3.1 months supply

Sale-to-list

96.3%

Below asking

The Albion housing market is currently classified as a balanced market with a median sale price of $170,000. Prices have risen 9.7% compared to last year, with homes spending an average of 166 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Albion

There are currently 22 homes listed for sale in Albion, Michigan. The median listing price is $133K.

Active listings

22

Homes on market

Median list price

$133K

Avg. days on market

166

Days until sale

New this week

8

Newly listed

Price drops:18.2%of listings
Sale-to-list:96.3%

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Frequently asked questions

What is the average home price in Albion?

The median home sale price in Albion is $170,000, up 9.7% from last year.

How long do homes stay on market in Albion?

Homes typically spend 166 days on market before going under contract.

Is Albion a buyer's or seller's market?

With 3.1 months of supply, Albion is currently a balanced market.

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