Albion, MI Real Estate & Property Data

Albion Real Estate Market Trends
Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Albion, MI 49224. ATTOM’s Albion real estate data is updated daily, and current market trends show that in Albion, MI a total of 246 residential properties have sold over the past year. With a median home price of $169,450 in Albion and a total of 2 foreclosures. Get detailed property data for Albion, MI instantly. ATTOM is your one-stop-shop for the Albion property reports and real estate data you need in Albion, MI.

Albion Real Estate Market Trends
Total Residential Properties 4,802
Total Commercial Properties 692
Avg. Home Age (Single Family Home) 73 Years
Avg. Square Feet (Single Family Home) 1,516
Total 2025 Residential Sales (year-to-date) 108
% of Homes Seriously Underwater (Q3 2025) 1.52%
Total 2024 Residential Sales 235
% of Equity Rich Homes (Q3 2025) 25.83%
Effective 2024 Property Tax 1.02%
Total Foreclosure Filings (year-to-date) 6
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Albion, MI 49224 Real Estate Overview

There were 246 residential properties sold in the past year in Albion, MI 49224. The median home value in Albion, MI 49224 is $145,580. There are a total of 4,802 residential properties in the 49224.

Median Sales Price i
$169,450
(Jun 2025)
+25.5%
year-over-year
y-o-y
  • June '25 Jun '25 $169,450
  • May '25 May '25 $154,950
  • April '25 Apr '25 $119,900
  • March '25 Mar '25 $152,000
  • February '25 Feb '25 $126,950
  • January '25 Jan '25 $145,000
  • December '24 Dec '24 $181,500
  • November '24 Nov '24 $135,000
  • October '24 Oct '24 $165,000
  • September '24 Sep '24 $186,250
  • August '24 Aug '24 $130,000
  • July '24 Jul '24 $182,000
Median Down Payment i
$2,880
(Jun 2025)
-30.4%
year-over-year
y-o-y
  • June '25 Jun '25 $2,880
  • May '25 May '25 $7,248
  • April '25 Apr '25 $16,990
  • March '25 Mar '25 $5,794
  • February '25 Feb '25 $7,162
  • January '25 Jan '25 $6,200
  • December '24 Dec '24 $17,905
  • November '24 Nov '24 $13,100
  • October '24 Oct '24 $20,000
  • September '24 Sep '24 $11,750
  • August '24 Aug '24 $15,247
  • July '24 Jul '24 $8,875
Number of Homes Sold i
18
(Jun 2025)
+12.5%
year-over-year
y-o-y
  • June '25 Jun '25 18
  • May '25 May '25 22
  • April '25 Apr '25 13
  • March '25 Mar '25 25
  • February '25 Feb '25 11
  • January '25 Jan '25 19
  • December '24 Dec '24 13
  • November '24 Nov '24 16
  • October '24 Oct '24 34
  • September '24 Sep '24 18
  • August '24 Aug '24 20
  • July '24 Jul '24 21
Number of Purchase Loans i
4
(Jun 2025)
-66.7%
year-over-year
y-o-y
  • June '25 Jun '25 4
  • May '25 May '25 9
  • April '25 Apr '25 9
  • March '25 Mar '25 14
  • February '25 Feb '25 6
  • January '25 Jan '25 8
  • December '24 Dec '24 13
  • November '24 Nov '24 17
  • October '24 Oct '24 13
  • September '24 Sep '24 18
  • August '24 Aug '24 10
  • July '24 Jul '24 13
Number of REFI Loans i
13
(Jun 2025)
+333.3%
year-over-year
y-o-y
  • June '25 Jun '25 13
  • May '25 May '25 6
  • April '25 Apr '25 8
  • March '25 Mar '25 8
  • February '25 Feb '25 8
  • January '25 Jan '25 10
  • December '24 Dec '24 8
  • November '24 Nov '24 14
  • October '24 Oct '24 8
  • September '24 Sep '24 8
  • August '24 Aug '24 6
  • July '24 Jul '24 5
Number of HELOC Loans i
10
(Jun 2025)
+150%
year-over-year
y-o-y
  • June '25 Jun '25 10
  • May '25 May '25 7
  • April '25 Apr '25 5
  • March '25 Mar '25 7
  • February '25 Feb '25 N/A
  • January '25 Jan '25 8
  • December '24 Dec '24 4
  • November '24 Nov '24 2
  • October '24 Oct '24 5
  • September '24 Sep '24 5
  • August '24 Aug '24 4
  • July '24 Jul '24 2

Albion, MI 49224 Foreclosure Activity

There were a total of 2 Albion, MI 49224 properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 2 Albion, MI 49224 properties and repossessed 2 Albion, MI 49224 properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i
2
(Jun 2025)
  • June '25 Jun '25 2
  • May '25 May '25 1
  • April '25 Apr '25 1
  • March '25 Mar '25 1
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 2
  • August '24 Aug '24 2
  • July '24 Jul '24 N/A
Foreclosure Starts i
2
(Jun 2025)
  • June '25 Jun '25 2
  • May '25 May '25 1
  • April '25 Apr '25 1
  • March '25 Mar '25 1
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 2
  • August '24 Aug '24 2
  • July '24 Jul '24 N/A
Completed Foreclosures (REOs) i
2
(Jun 2025)
  • June '25 Jun '25 2
  • May '25 May '25 1
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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