Market Overview
Home Prices in Albion, WI
The median home value in Albion, WI is $390,806 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.3% compared to a year ago and up 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Albion are priced5% below average. Albion is part of the Madison, WI metro area.
Over the past five years, Albion home values have risen by approximately33.2%, reflecting strong long-term appreciation in this market.
Price History
Albion Home Price Trend
2020
$257,260
$257K
—
2021
$293,448
$293K
+14.1%
2022
$318,678
$319K
+8.6%
2023
$339,372
$339K
+6.5%
2024
$354,949
$355K
+4.6%
2025
$374,629
$375K
+5.5%
2026
$390,806
$391K
+4.3%
City Comparison
Albion vs. National Median
🏠 Albion
$390,806
National Median
$410,000
At $390,806, homes in Albion cost 5% below the national median of $410,000. This makes Albion a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Albion?
20% Down Payment
$78,161
on $390,806
Monthly P&I
$2,038/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,588/mo
incl. taxes & insurance
Income Needed
$103,520
gross annual (30% rule)
10% Down Option
$39,081
+ PMI applies
Loan Amount (20% dn)
$312,645
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Albion, WI?
The median home value in Albion is $390,806 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.3% year-over-year.
How much have home prices changed in Albion?
Over the past year, home values in Albion have increased by 4.3%. Over five years, prices have risen approximately 33.2%.
How much do I need to earn to buy a home in Albion?
To comfortably afford the median home price of $390,806 with a 20% down payment ($78,161) at today's rates (6.8%), you'd need a gross annual income of approximately $103,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Albion compare to the national average home price?
The national median home value is approximately $410,000. At $390,806, homes in Albion are 5% below the national average.
What metro area is Albion part of?
Albion is part of the Madison, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.