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Courthouse Albion IndianaPhoto: Dlgagen · CC BY-SA 4.0
Housing in Albion

31 homes sold in Albion in the last year, at a typical $206K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Albion homes are listed.

Homes sold
31
June 2025 to May 2026
Typical sale price
$206K
median, weighted by sales
Price per square foot
$131
Indiana $148
Paid vs. asking
97.6%
19% sold over asking
For sale now
1
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 100% of Albion’s sales, at a typical $206K

31 homes sold in the year to May 2026.

Houses$206K

typical sale · 31 sold in 12 months

Per square foot
$131IN $148
Days to sell
36
Sold over asking
19%
Listings with a price cut
56%
8 years of sales

More homes sell than most years, at 1.8 times the 2019 price

31 sales in the last year, against 35 in 2025 and a low of 19 in 2020. The typical sale went from $113K in 2019 to $206K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2015: 22 sold, typical $91K’152019: 25 sold, typical $113K2020: 19 sold, typical $135K’202021: 24 sold, typical $147K2022: 28 sold, typical $160K’222023: 27 sold, typical $149K2024: 25 sold, typical $174K’242025: 35 sold, typical $206KLast 12 months: 31 sold, typical $206KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Albion

Houseat $131 a sq ft
The same money in Indianaat $148 a sq ft

Is this asking price fair?

Check a listing against what Albion homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 8 years of sales

Bidding wars in Albion are more common than before the pandemic, but a quarter fewer homes come up for sale

We read every month of Albion’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 31 sales.

If you’re buying in Albion

  • Shop in August. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
  • Offer under asking. Buyers paid 97.6% of the list price on average; 19% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 4 a month), but July is the most competitive: 23% of July sales close over asking. November has the least competition (5%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 3 new listings a month, 7% sold over asking, 55 days to sellJFeb: 1 new listings a month, 5% sold over asking, 91 days to sellFMar: 2 new listings a month, 11% sold over asking, 63 days to sellMApr: 2 new listings a month, 14% sold over asking, 90 days to sellAMay: 2 new listings a month, 19% sold over asking, 121 days to sellMJun: 2 new listings a month, 11% sold over asking, 69 days to sellJJul: 3 new listings a month, 23% sold over asking, 57 days to sellJAug: 4 new listings a month, 19% sold over asking, 91 days to sellASep: 2 new listings a month, 17% sold over asking, 52 days to sellSOct: 2 new listings a month, 5% sold over asking, 130 days to sellONov: 2 new listings a month, 5% sold over asking, 58 days to sellNDec: 1 new listings a month, 5% sold over asking, 61 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Indiana as a whole

Albion now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price19%10%29%19%
Gone within two weeksShare of homes under contract within 14 days53%7%4%37%
Listings with a price cutShare of homes for sale that cut their price55%——33%
Price paid vs. askingAverage sale price ÷ list price97.6%96.1%98.3%97.7%
Days to sellMedian days from listing to contract368611135
Supply

3 homes for sale on a typical day

That’s 25% fewer than in 2017–19 and well under 2015’s 10.

2015: 10 for sale’152019: 5 for sale2020: 5 for sale2021: 5 for sale’212022: 4 for sale2023: 5 for sale2024: 5 for sale’242025: 5 for saleLast 12 months: 3 for saleNow
Room to negotiate

1 in 2 listings has cut its price

55% in the last year, against — in 2017–19 and 33% across Indiana.

2022: 40%’222023: 37%2024: 46%2025: 45%’25Last 12 months: 55%Now

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Albion home costs about $1,179 a month

Mortgage
Property tax
Insurance
Rent

Price: Albion’s typical sale, last 12 months. Property tax at Albion’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Albion is affordable on local pay is on Cost of living.

Before you buy in Albion

Six things worth knowing

4

New listings in August

The month with the most choice. December has the fewest, about 1.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $206K home, about $1,250 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Albion, from test results, graduation and how much students grow.

Schools in Albion
25 min

Typical commute

The average one-way trip to work for people who live in Albion.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Rome City and Tri-Lakes for far more

The busier markets within 25 miles of Albion, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Kendallville132$184K$13423%33
Avilla39$224K$15815%30
Albion31$206K$13119%36
Rome City29$427K$24010%48
Tri-Lakes26$398K$1938%54
Churubusco24$206K$14837%30
Ligonier23$184K$13030%73

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Albion, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Albion. People who follow the town see it, and so do people comparing Albion with their own town. No commission, no listing fee.

Questions about buying a home in Albion

What do homes sell for in Albion, IN?

31 homes sold in the year to May 2026 at a typical $206K, $131 a square foot.

Is Albion a buyer’s or seller’s market?

A seller’s market: 1 homes were for sale in May 2026 and 3 sold, about 0.3 months of supply. Buyers paid 97.6% of asking on average, and 55% of listings cut their price.

When is the best time to buy in Albion?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Albion?

About 0.6% of a home’s value a year. On a $206K home that’s near $1,250.

Where can I see homes for sale in Albion?

Zillow, Redfin, Realtor.com and Homes.com all carry Albion’s MLS listings; the search links above open each one filtered to Albion.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).