Is Albion, MI 49224 a buyer’s or seller’s market?

The Albion housing market right now

In the three months ending August 31, 2026, 23% of homes in Albion, MI 49224 sold above their list price, the typical home went under contract in 38 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 41 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (36 days then) and the median sale price rose 15% to $187,720. Overall, Albion is less competitive than a year ago, which gives buyers more room.

Within Calhoun County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell less often over asking than in 55%. On our competition score, Albion ranks #409 of 510 MI ZIP codes with enough sales (score 42 out of 100).

Nearby, buyers who want less competition could look at Ceresco 49033 (0% sold over asking) or Burlington 49029 (0% sold over asking), while East Leroy 49051 (60% sold over asking) and Tekonsha 49092 (50% sold over asking) are even more competitive.