View in Interactive Map

Albion, ME—04910

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$261,000
3.3% YoY Growth
Household Income
$57,400
16.4% YoY Growth
Days on Market
75
3.0% Shorter YoY
Home Price Forecast
3.7%
Median Rent
$3,200
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Albion, ME

As of Dec '25, the median home price in Albion, ME is $261,000, with a year-over-year change of 3.3%. This indicates that home prices in Albion, ME are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$261,0003.3%
Single Family $261,0002.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    9.3%
    2 Bedrooms
    23.5%
    3 Bedrooms
    48.9%
    4 Bedrooms
    15.0%
    5+ Bedrooms
    3.3%

    Rental Trends — Albion, ME

    Albion, ME lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average Rent$3,200$3,200
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    35.1%
    2 Bedrooms
    15.3%
    3 Bedrooms
    29.7%
    4 Bedrooms
    18.9%
    5+ Bedrooms
    0.9%

    Property Listings — Albion, ME

    As of Dec '25, Realtor.com reports that the median days on market for a home in Albion, ME is 36. This is a decrease of -26.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$292,00013.0%
    Listing Count
    		611.0%
    Listings as % of Homes0.3%11.0%
    Days on Market
    		75-3.0%
    Loading chart...

    Demographics — Albion, ME

    As of the latest ACS Survey released in 2023, Albion, ME has a population of 2,360, which has increased by 15.0% over the past 5 years. Albion, ME is a moderately popular place for families, as children make up 15.4% of the population. The area has a poorly educated workforce, with 19.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,36015.0%
    % Under 18
    		15.4%-13.0%
    % Seniors
    		25.1%32.8%
    % WFH
    		10.9%-0.9%
    % w/ College Degree
    		19.6%3.7%
    Loading chart...

    As of the latest ACS Survey released in 2023, Albion, ME is a predominantly white area, with 95.3% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Albion, ME is hispanic, making up 1.4% of the population. Foreign-born residents account for 0.6% of the population in Albion, ME, and this percentage has decreased by 66.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		95.3%-0.9%
    % Black
    		0.0%-100.0%
    % Hispanic
    		1.4%∞%
    % Asian
    		0.0%-100.0%
    % Foreign Born
    		0.6%-66.7%
    Loading chart...

    Mortgage and Risk — Albion, ME

    According to HUD data as of 2023, there were 21 mortgage originations in Albion, ME, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Albion, ME. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		21
    % Conventional Loans
    		67.0%
    % Government Loans
    		33.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		5.0%
    % Cash Out Refinance
    		14.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Albion, ME

    Albion, ME lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		4
    Total Units Section 8
    		4
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,060
    2 BedroomN/AN/A$1,370
    3 BedroomN/AN/A$1,720
    4 BedroomN/AN/A$2,050

    Affordability — Albion, ME

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4
    Median Home Price$261,000
    Median Household Income$57,400

    Albion, ME — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Unity, ME

    04988

    Winslow, ME

    04901

    China Village, ME

    04358

    Clinton, ME

    04927

    Vassalboro, ME

    04989

    Frequently Asked Questions