Housing in Albion, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$150,500
Median List Price
$119,950
Price Per Sq Ft
$133
Days on Market
77
Active Inventory
20
Months of Supply
5.0
Balanced market
Zillow Home Value
$132,412
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
12.5%
Sale-to-List Ratio
96.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
8
Pending Sales
8
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$133
Median List $/SF
$101
Albion vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Albion is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$91,100
Median Rent
$769
Total Housing Units
2,901
Vacancy Rate
19.4%
Owner Occupied
61.6%
Renter Occupied
38.4%
Median Property Tax
$1,346
per year
Monthly Cost (w/ Mortgage)
$613
Housing Types
The current median sale price in Albion, MI is $150,500 according to Redfin data. Homes spend a median of 77 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $133. The median rent is $769 per month (Census ACS). About 61.6% of housing units are owner-occupied. The median year homes were built is 1940. There are 2,901 total housing units.