Albion Twp Real Estate
1 active listing · 8 sold in the past 12mo
$35,000
Median List Price
8
Sold (past 12mo)
78
Avg Days on Market
-23.3%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(1)
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Recently Sold(8)
| Address | Sold Price | Date Sold |
|---|---|---|
| 25953 D Drive S, Albion, MI 49224 | $183,000 | Apr 19, 2026 |
| 27890 S D Drive S, Albion, MI 49224 | $390,000 | Mar 19, 2026 |
| 956 29 1/2 Mile Rd, Albion, MI 49224 | $249,900 | Mar 15, 2026 |
| 24771 L Drive S, Homer, MI 49245 | $179,900 | Dec 30, 2025 |
| 29299 Albion Road, Albion, MI 49224 | $290,000 | Nov 24, 2025 |
| 10501 M-99, Albion, MI 49224 | $49,000 | Oct 2, 2025 |
| 29472 Albion Road, Albion, MI 49224 | $165,000 | Sep 23, 2025 |
| 808 Carson Street, Albion, MI 49224 | $45,000 | Jul 2, 2025 |
Frequently Asked Questions about Albion Twp
Are there homes available in Albion Twp right now?
Buyers in Albion Twp can choose from 1 active listing. The median asking price is $35,000.
What is the median home price in Albion Twp?
Based on 8 sales in the past year, homes in Albion Twp have a median price of $35,000.
How fast do homes sell in Albion Twp?
Over the past year, homes in Albion Twp spent an average of 78 days on market before selling.
What school districts serve Albion Twp?
Multiple school districts may serve Albion Twp. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Albion Twp a buyer's or seller's market?
Albion Twp is currently a seller's market, with 1.5 months of supply. That ratio comes from 1 active listing relative to 8 sales per year.
How are property taxes calculated in Albion Twp?
Property taxes in Albion Twp are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What does demographic data show about housing demand in Albion Twp?
Based on Census Bureau ACS data, Albion Twp shows a -23.3% Household Formation Gap. Despite household size decreasing from 2.37 to 2.56, the 17.2% population decline has reduced the overall number of households needing housing. This is a secondary demographic indicator, distinct from primary market measures.