All Home Types
Albion, MI Housing Market
What is the housing market like in Albion today?
In October 2024, Albion home prices were down 16.8% compared to last year, selling for a median price of $116K. On average, homes in Albion sell after 60 days on the market compared to 38 days last year. There were 12 homes sold in October this year, up from 10 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$116,000
-16.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Albion, MI
$116,000
-16.8%
United States
Albion Migration & Relocation Trends
In Sep '24 - Nov '24, 39% of Albion homebuyers searched to move out of Albion, while 61% looked to stay within the metropolitan area.
- Across the nation, 0.11% of homebuyers searched to move into Albion from outside metros.
- Chicago homebuyers searched to move into Albion more than any other metro followed by Detroit and Los Angeles.
Where are people moving to Albion from?
- 61% of Albion homebuyers searched to stay within the Albion metropolitan area.
- Grand Rapids was the most popular destination among Albion homebuyers followed by South Bend and New Orleans.
Where are people from Albion moving to?
Number of People Moving to Albion
least
most
People are moving to Albion from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 165 | ||
| 2 | 92 | ||
| 3 | 36 | ||
| 4 | 36 | ||
| 5 | 28 | ||
| 6 | 17 | ||
| 7 | 14 | ||
| 8 | 14 | ||
| 9 | 13 | ||
| 10 | 12 | ||
People are leaving Albion for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 40 | ||
| 2 | 24 | ||
| 3 | 7 | ||
| 4 | 7 | ||
| 5 | 6 | ||
| 6 | 5 | ||
| 7 | 5 | ||
| 8 | 4 | ||
| 9 | 4 | ||
| 10 | 3 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Albion.
Provided by First Street Foundation
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