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Is Albion, NE 68620 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Albion is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.9%Sold price ÷ list price
Median days on market201Listing to accepted offer
Median price per sq ft$169▲ +96.2% vs. last year

The Albion housing market right now

In the three months ending August 31, 2026, 0% of homes in Albion, NE 68620 sold above their list price, the typical home went under contract in 201 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (40 days then) and the median sale price rose 29% to $278,380. Overall, Albion is less competitive than a year ago, which gives buyers more room.

Run the numbers for 68620

Prefilled for 68620Can I win this house?Multiple-offer likelihood for a listing Prefilled for 68620Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cedar Rapids 68627 — /sq ftSaint Edward 68660 — /sq ft Browse all markets →

Towns like Albion nearby

Find towns like Albion in other states →
Humphrey, NE68642 · 26 miles away87% similarpricier homes ($35K more) · smaller Tilden, NE68781 · 25 miles away81% similarcheaper homes ($60K less) · smaller Battle Creek, NE68715 · 29 miles away80% similarsmaller · younger residents Leigh, NE68643 · 39 miles away77% similarcheaper homes ($75K less) · smaller

Where Albion is

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Questions about Albion real estate

Is Albion a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Albion, NE 68620 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Albion?

The typical home went under contract in 201 days in the latest three months.

Do homes in Albion sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.9% of the list price.

What are property taxes in Albion?

About 1.03% of a home’s value a year in Boone County, or roughly $4,120 on a $400,000 home.

What is the median home price in Albion?

The median sale price was $278,380 in the three months ending August 31, 2026, about $169 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology