Town of Albion Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$74,200

  • 6.6% 1-year change
  • 1.7% 1-year forecast

The median home value in Town of Albion is $74,200. Town of Albion home values have gone up 6.6% over the past year and Zillow predicts they will rise 1.7% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Town of Albion 3.2 homes are foreclosed (per 10,000). This is the same as the Rochester Metro value of 3.2 and also lower than the national value of 3.6

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Albion is 6.4%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Albion homeowners underwater on their mortgage is 13.9%, which is higher than Rochester Metro at 6.9%.

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Relative ZHVI
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Town of Albion Market Overview

Data through Jul 31, 2015
  • $74,200 ZHVI
  • 1.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Town of Albion Market Health

Data through Jul 31, 2015
  • 4.7/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 13.9% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 6.4% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

3(Oct 31, 2014) Town of Albion
3 Rochester Metro
4 United States
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Nearby Cities

Name Median ZHVI
Sweden $130,700
Byron $105,800
Alabama $105,400
Name Median ZHVI
Brockport $103,400
Town of Elba $101,600
Town of Oakfield $86,700
Name Median ZHVI
Middleport $75,800
 
 

Listings & Sales

  • No data
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Town of Albion Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,320 Town of Albion
    $1,417 Rochester Metro
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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