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  1. Home
  2. /Browse ZIP Codes
  3. /Iowa
  4. /Albion, IA - 50148

Albion, IA—50148

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$184,000
7.5% YoY Growth
Household Income
$80,900
15.4% YoY Growth
Days on Market
14
10.0% Shorter YoY
Home Price Forecast
1.2%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in Albion, IA

50005
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Albion, IA

As of May '26, the median home price in Albion, IA is $184,000, with a year-over-year change of 7.5%. This indicates that home prices in Albion, IA are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$184,0007.5%
Single Family $184,0007.6%
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
    21.6%
    2 Bedrooms
    9.9%
    3 Bedrooms
    24.0%
    4 Bedrooms
    19.9%
    5+ Bedrooms
    24.6%

    Rental Trends — Albion, IA

    Albion, IA lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    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
    7.4%
    2 Bedrooms
    7.4%
    3 Bedrooms
    18.5%
    4 Bedrooms
    33.3%
    5+ Bedrooms
    33.3%

    Property Listings — Albion, IA

    As of May '26, Realtor.com reports that the median days on market for a home in Albion, IA is 14. This is a decrease of -10.0% 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
    		$540,000739.0%
    Listing Count
    		233.0%
    Listings as % of HomesN/A33.0%
    Days on Market
    		14-10.0%
    Loading chart...

    Demographics — Albion, IA

    As of the latest ACS Survey released in 2023, Albion, IA has a population of 396, which has remained stable by 1.0% over the past 5 years. Albion, IA is a popular place for families, as children make up 25.8% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3961.0%
    % Under 18
    		25.8%13.7%
    % Seniors
    		15.4%-16.3%
    % WFH
    		3.5%-32.7%
    % w/ College Degree
    		21.2%-0.5%
    Loading chart...

    As of the latest ACS Survey released in 2023, Albion, IA is a predominantly white area, with 91.9% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Albion, IA is hispanic, making up 6.8% of the population. Foreign-born residents account for 1.5% of the population in Albion, IA, and this percentage has increased by 200.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		91.9%-6.9%
    % Black
    		0.0%N/A
    % Hispanic
    		6.8%423.1%
    % Asian
    		0.0%N/A
    % Foreign Born
    		1.5%200.0%
    Loading chart...

    Mortgage and Risk — Albion, IA

    Albion, IA lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Albion, IA

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

    Section 8 Market Size

    Total Units under HUD
    		3
    Total Units Section 8
    		3
    % Rentals under Section 8
    		7.4%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$710
    2 BedroomN/AN/A$930
    3 BedroomN/AN/A$1,220
    4 BedroomN/AN/A$1,450

    Affordability — Albion, IA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.5
    Median Home Price$184,000
    Median Household Income$80,900

    Albion, IA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Albion, IA

    50005

    Union, IA

    50258

    Conrad, IA

    50621

    Bromley, IA

    50051

    Marshalltown, IA

    50158

    Frequently Asked Questions