Albion, MI Real Estate & Property Data

Albion Real Estate Market Trends
Last Updated: April 22, 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 243 residential properties have sold over the past year. With a median home price of $126,950 in Albion and a total of 1 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 4,816
Total Commercial Properties 656
Avg. Home Age (Single Family Home) 73 Years
Avg. Square Feet (Single Family Home) 1,512
Total 2025 Residential Sales (year-to-date) 30
% of Homes Seriously Underwater (Q2 2025) 1.82%
Total 2024 Residential Sales 232
% of Equity Rich Homes (Q2 2025) 25.7%
Effective 2024 Property Tax 0.88%
Total Foreclosure Filings (year-to-date) 1
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Albion, MI 49224 Real Estate Overview

There were 243 residential properties sold in the past year in Albion, MI 49224. The median home value in Albion, MI 49224 is $138,865. There are a total of 4,816 residential properties in the 49224.

Median Sales Price i
$126,950
(Feb 2025)
+1.6%
year-over-year
y-o-y
  • February '25 Feb '25 $126,950
  • January '25 Jan '25 $145,000
  • December '24 Dec '24 $181,500
  • November '24 Nov '24 $141,000
  • October '24 Oct '24 $165,000
  • September '24 Sep '24 $186,250
  • August '24 Aug '24 $130,000
  • July '24 Jul '24 $175,000
  • June '24 Jun '24 $135,000
  • May '24 May '24 $160,000
  • April '24 Apr '24 $145,000
  • March '24 Mar '24 $129,950
Median Down Payment i
$7,162
(Feb 2025)
-48.2%
year-over-year
y-o-y
  • 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 $14,125
  • August '24 Aug '24 $13,750
  • July '24 Jul '24 $8,495
  • June '24 Jun '24 $4,135
  • May '24 May '24 $4,980
  • April '24 Apr '24 $5,640
  • March '24 Mar '24 $7,000
Number of Homes Sold i
11
(Feb 2025)
-45%
year-over-year
y-o-y
  • February '25 Feb '25 11
  • January '25 Jan '25 19
  • December '24 Dec '24 13
  • November '24 Nov '24 15
  • October '24 Oct '24 34
  • September '24 Sep '24 18
  • August '24 Aug '24 20
  • July '24 Jul '24 20
  • June '24 Jun '24 16
  • May '24 May '24 15
  • April '24 Apr '24 21
  • March '24 Mar '24 21
Number of Purchase Loans i
6
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 6
  • January '25 Jan '25 8
  • December '24 Dec '24 13
  • November '24 Nov '24 18
  • October '24 Oct '24 13
  • September '24 Sep '24 18
  • August '24 Aug '24 10
  • July '24 Jul '24 14
  • June '24 Jun '24 12
  • May '24 May '24 9
  • April '24 Apr '24 14
  • March '24 Mar '24 16
Number of REFI Loans i
7
(Feb 2025)
-22.2%
year-over-year
y-o-y
  • February '25 Feb '25 7
  • January '25 Jan '25 10
  • December '24 Dec '24 5
  • 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
  • June '24 Jun '24 3
  • May '24 May '24 14
  • April '24 Apr '24 10
  • March '24 Mar '24 5
Number of HELOC Loans i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 7
  • December '24 Dec '24 4
  • November '24 Nov '24 4
  • October '24 Oct '24 5
  • September '24 Sep '24 5
  • August '24 Aug '24 4
  • July '24 Jul '24 2
  • June '24 Jun '24 4
  • May '24 May '24 6
  • April '24 Apr '24 2
  • March '24 Mar '24 2

Albion, MI 49224 Foreclosure Activity

There were a total of 1 Albion, MI 49224 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
1
(Feb 2025)
year-over-year
y-o-y
  • 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
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 3
  • March '24 Mar '24 N/A
Foreclosure Starts i
1
(Feb 2025)
year-over-year
y-o-y
  • 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
  • June '24 Jun '24 N/A
  • May '24 May '24 1
  • April '24 Apr '24 3
  • March '24 Mar '24 N/A
Completed Foreclosures (REOs) i
  • 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
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 N/A
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