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IN area data

Albion, IN

Albion, IN.

Population: 7,944 (Census ACS)

The median home value in Albion, IN is $274,159 — up 4.2% over the past year. Homes sell for a median $295,000 after a median 9 days on market. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with drought, hail, strongwind the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$274,159

Median home value

+4.2%

1-year change

9

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$274,159
1-year appreciation
+4.2%
3-year appreciation
+15.6%
5-year appreciation
+37.9%
10-year appreciation
+105.0%
All-time peak (2026-07)
$274,159
House Price Index (state)
367.2 (+2.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$295,000
Median list price
$249,900
Median price per sqft
$191
1-year sale-price change
+9.3%
Median days on market
9 days
Homes sold (recent period)
13
For-sale inventory
17
Sale-to-list ratio
97.7%
Active listings
10
1-year forecast
+3.3%
New listings (monthly)
7

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$750/mo
1BR fair-market rent
$937/mo
2BR fair-market rent
$1,156/mo
3BR fair-market rent
$1,502/mo
4BR fair-market rent
$1,734/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1
Schools include
Central Noble Elementary School, Central Noble Junior Senior HS

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
drought, hail, strongWind, tornado
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Moderate · hail: Relatively Moderate · iceStorm: Relatively Low · inlandFlooding: Relatively Low · lightning: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 3% of US counties
Buildings in wildfire direct-exposure zone
44.5%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Wayne Waste Oil (14.6 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
38.8 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
2.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
10,925
Jobs reachable by transit (45 min)
11,054

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
41
Nearest airport
Kay Field (2 mi)
Nearest major airport
Fort Wayne International Airport (FWA) (29 mi)
Hospitals nearby (~15 mi)
7
Hospitals include
PARKVIEW REGIONAL MEDICAL CENTER, ORTHOPAEDIC HOSPITAL AT PARKVIEW NORTH, PARKVIEW WHITLEY HOSPITAL
Avg hospital rating (CMS)
3.3 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-129 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,971
Housing built before 1970
49.0%
Housing built 2000 or later
15.9%
Median annual property tax
$1,215
Mean commute to work
27 min
Households with broadband internet
54.6%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
15,379
Average weekly wage
$946
Top industries (by employment)
Health Care, Administrative Services, Accommodation & Food
Annual residential building permits (county)
85

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

AlbionState medianUS median
Median home value$274,159$237,170$289,727
Median sale price$295,000$238,000$325,000
Median days on market9 days38 days51 days
Median annual property tax$1,215$1,179$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Albion, IN?
$274,159.
What is the median sale price in Albion, IN?
$295,000.
How long do homes take to sell in Albion, IN?
Median days on market: 9 days.
What is typical rent in Albion, IN?
2-bedroom fair-market rent: $1,156/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Albion, IN?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: drought, hail, strongWind, tornado.
Is Albion, IN in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Albion, IN?
Risk to homes is higher than 3% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Albion, IN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Albion, IN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Albion, IN?
2 schools (1 elementary, 1 high) (NCES, 2022-23).
Is Albion, IN walkable?
Walkability index: 2.8/20 (EPA Smart Location Database).
What is the cost of living in Albion, IN?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Albion

Selling a home in Albion, IN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents