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Median Home Price in Albion, MI

The median home value in Albion, MI is $144,961 as of 2026-07-31, up 0.09% from a year earlier.

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Median Home Value

$144,961

Year-over-Year

+0.09%

Population

7,212

Albion ranks #141 of 149 Michigan cities tracked here by median home value, and sits 44.7% below the state's city median of $262,319. It sits in Calhoun County, where the county-wide median is $194,048.

Housing affordability in Albion

Median household income in Albion is $39,885, so the typical home value is about 3.6× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Albion

Albion police recorded a violent crime rate of 1,317 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,815 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Albion

What is the average home price in Albion, MI?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Albion, that value is $144,961. That's up 0.09% from a year earlier. It is about 44.7% below the typical Michigan city tracked here.

Is Albion expensive compared to the surrounding area?

Homes in Albion are cheaper than Calhoun County as a whole, where the median is $194,048 — a difference of about 25.3%.

Is Albion affordable?

Median household income here is $39,885, so the typical home value is about 3.6× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Albion a safe place to live?

Albion police reported 1,317 violent crimes per 100,000 residents, covering a population of about 7,212. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in MI

Harper Woods · Lincoln Park · Oscoda · Springfield · Melvindale · Pontiac · Royal Oak Township · Saginaw