Albion, MI 49224 Real Estate & Property Data

Albion, MI 49224 Real Estate Market Trends
Last Updated: April 26, 2024

A total of 231 residential properties have been sold over the past 12 months in 49224. With a median sales price of $125,000 in 49224 and a total of 1 foreclosures in Albion, MI 49224. Discover market trends and get the granular level real estate data for Albion, MI 49224 to keep your pulse on the housing market. Curate compelling home reports for Albion, MI 49224 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Albion, MI 49224 Real Estate Market Trends
Total Residential Properties 4,863
Total Commercial Properties 657
Avg. Home Age (Single Family Home) 72 Years
Avg. Square Feet (Single Family Home) 1,518
Total 2024 Residential Sales (year-to-date) 37
% of Homes Seriously Underwater (Q2 2024) 1.7%
Total 2023 Residential Sales 208
% of Equity Rich Homes (Q2 2024) 23.93%
Effective 2023 Property Tax 0.93%
Total Foreclosure Filings (year-to-date) 2
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Albion, MI 49224 Real Estate Overview

There were 231 residential properties sold in the past year in Albion, MI 49224. The median home value in Albion, MI 49224 is $125,878. There are a total of 4,863 residential properties in the 49224.

Median Sales Price i
$125,000
(Feb 2024)
+3.3%
year-over-year
y-o-y
  • February '24 Feb '24 $125,000
  • January '24 Jan '24 $99,950
  • December '23 Dec '23 $128,000
  • November '23 Nov '23 $129,750
  • October '23 Oct '23 $147,856
  • September '23 Sep '23 $125,000
  • August '23 Aug '23 $109,900
  • July '23 Jul '23 $142,500
  • June '23 Jun '23 $144,500
  • May '23 May '23 $129,000
  • April '23 Apr '23 $152,500
  • March '23 Mar '23 $110,000
Median Down Payment i
$13,818
(Feb 2024)
+17.2%
year-over-year
y-o-y
  • February '24 Feb '24 $13,818
  • January '24 Jan '24 $15,000
  • December '23 Dec '23 $2,861
  • November '23 Nov '23 $4,347
  • October '23 Oct '23 $10,500
  • September '23 Sep '23 $26,500
  • August '23 Aug '23 $12,000
  • July '23 Jul '23 $5,148
  • June '23 Jun '23 $10,000
  • May '23 May '23 $9,360
  • April '23 Apr '23 $9,750
  • March '23 Mar '23 $15,600
Number of Homes Sold i
19
(Feb 2024)
+35.7%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 18
  • December '23 Dec '23 16
  • November '23 Nov '23 24
  • October '23 Oct '23 23
  • September '23 Sep '23 20
  • August '23 Aug '23 19
  • July '23 Jul '23 16
  • June '23 Jun '23 23
  • May '23 May '23 11
  • April '23 Apr '23 12
  • March '23 Mar '23 16
Number of Purchase Loans i
6
(Feb 2024)
-40%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 9
  • December '23 Dec '23 8
  • November '23 Nov '23 13
  • October '23 Oct '23 12
  • September '23 Sep '23 14
  • August '23 Aug '23 12
  • July '23 Jul '23 12
  • June '23 Jun '23 16
  • May '23 May '23 5
  • April '23 Apr '23 8
  • March '23 Mar '23 11
Number of REFI Loans i
8
(Feb 2024)
+33.3%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 4
  • December '23 Dec '23 2
  • November '23 Nov '23 6
  • October '23 Oct '23 9
  • September '23 Sep '23 7
  • August '23 Aug '23 9
  • July '23 Jul '23 1
  • June '23 Jun '23 6
  • May '23 May '23 4
  • April '23 Apr '23 7
  • March '23 Mar '23 6
Number of HELOC Loans i
7
(Feb 2024)
  • February '24 Feb '24 7
  • January '24 Jan '24 3
  • December '23 Dec '23 1
  • November '23 Nov '23 5
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 3
  • July '23 Jul '23 6
  • June '23 Jun '23 4
  • May '23 May '23 2
  • April '23 Apr '23 3
  • March '23 Mar '23 3

Albion, MI 49224 Foreclosure Activity

There were a total of 1 Albion, MI 49224 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 1 Albion, MI 49224 properties and repossessed 2 Albion, MI 49224 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 2
Foreclosure Starts i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 2
  • September '23 Sep '23 2
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
2
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 2
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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