Albion, NY, a small town located in the western part of the state, has seen an impressive appreciation in housing prices over the past year. The median value of housing in Albion is currently $146,300 - just slightly below the national median of $338,100. However, what really stands out are the nearly 11% appreciation rate houses have enjoyed in Albion for the last year; far outpacing the 8.27% national average. This demonstrates that despite its small size and rural location in New York State, Albion remains a desirable place to live and invest in real estate.
The median home cost in Albion (zip 14411) is $146,300. Home appreciation the last 10 years has been 64.9%. Home Appreciation in Albion (zip 14411) is up 11.7%.
Average Age of Homes
- The median age of Albion (zip 14411) real estate is 78 years old
The Rental Market in Albion (zip 14411)
- Renters make up 24.2% of the Albion (zip 14411) population
- 1.9% of houses and apartments in Albion (zip 14411), 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.