Is Albion, IA 50005 a buyer’s or seller’s market?
Albion is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Albion housing market right now
In the three months ending August 31, 2026, 40% of homes in Albion, IA 50005 sold above their list price and the typical home went under contract in 6 days. With only 5 sales, these figures can swing a lot from month to month.
Within Marshall County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at State Center 50247 (0% sold over asking) or Melbourne 50162 (0% sold over asking).
Run the numbers for 50005
Nearby markets
Ferguson 50078 $82 /sq ftGilman 50106Seller’s market $138 /sq ftLaurel 50141 $95 /sq ftLe Grand 50142 $155 /sq ft Browse all markets →Where Albion is
Loading map…
Questions about Albion real estate
How fast do homes sell in Albion?
The typical home went under contract in 6 days in the latest three months.
Do homes in Albion sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.
What are property taxes in Albion?
About 1.42% of a home’s value a year in Marshall County, or roughly $5,680 on a $400,000 home.
What is the median home price in Albion?
The median sale price was $84,863 in the three months ending August 31, 2026, about $77 per square foot.
Local agents
See all agents in 50005 →No sponsored agents in 50005 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 50005
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology