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Albion IN Multi-family Properties For Sale
The median home value in Albion, IN is $205,700. This is lower than the county median home value of $208,600. The national median home value is $338,100. The average price of homes sold in Albion, IN is $205,700. Approximately 49.78% of Albion homes are owned, compared to 44.15% rented, while 6.07% are vacant. Albion real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Albion real estate agent to arrange a tour today!
Learn More About Albion Real EstateStatistics & facts
2,749
Population
$205K
Medium Home Value
851
# of Households
6.07%
Housing Vacancy
25.87%
Future Job Growth
2.70%
Unemployment Rate
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
Listings courtesy of RMLS Alliance as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 RMLS Alliance. All rights reserved.
Population
Albion has a population of approximately 2,749 and experiences a population change rate of 20.36%. The population density is 1,440.8 / sq mi.
Household
The median household income for Albion is $54,271, with 851 households and an average household size of 2.95.
Cost of Living
The cost of living index in Albion is 80.1%.
Home Value
The median value of a home in Albion is $205,700 with an appreciation rate of 15.6%. 49.8% of housing in the city is owned while 44.1% is rented.
Employment
The unemployment rate in Albion is 2.70%, and recent job growth is at -1.13%. Future job growth is projected at 25.87%.
Taxes
The sales tax rate in Albion is 7.00%, while the income tax rate is 3.23%.
Education
School expenditures in Albion are $11,687, and the school ratio is 14.4:1.
Weather
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 39.9 inches per year, with 28.3 inches of snow per year.
Education near Albion IN
| Metric | City | County |
|---|---|---|
| High School Graduates | 87.33 | 82.84 |
| College Degree - 2 year | 8.03 | 7.93 |
| College Degree - 4 year | 4.33 | 16.31 |
| Graduate Degree | 0.19 | 4.09 |
| Expenditures per Student | $11,687 | $11,687 |
| Students per Teacher | 14.40 | 14.40 |
Elementary Schools near Albion IN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Albion Elementary School | KG - 05 | 289 | 20.6 | 46701 |
| Avilla Elementary School | PK - 07 | 442 | 17 | 46710 |
| Churubusco Elementary School | PK - 05 | 544 | 16.5 | 46723 |
| Rome City Elementary School | PK - 06 | 288 | 15.6 | 46784 |
| Wolf Lake Elementary School | KG - 05 | 275 | 19.6 | 46796 |
High Schools near Albion IN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Central Noble High School | 06 - 12 | 705 | 17.9 | 46701 |
| Churubusco Junior/Senior High School | 06 - 12 | 660 | 16.9 | 46723 |
