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Albion, NE Housing

 
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As of 2010-2014, median price of a house in Albion is $95,500, which is lower than the state average of $130,100 and is much lower than the national average of $175,700. The Albion median house value has grown by 50.63% since 2000. The growth rate for the price of a house in Albion is higher than the state average rate of 47.84% and is higher than the national average rate of 46.91%. The median year that a house in Albion was built is 1951, which is older than the median year for a house built in the state which is 1970 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 547 Owner Occupied Houses in Albion, NE, #121
Albion, NE
95,500 USD
Nebraska
130,100 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #216
Albion, NE
50.63%
Nebraska
47.84%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Albion, NENebraskaU.S.
Total Housing Units774, see rank, 100%805,256132,741,033
Occupied Housing Units710, 91.73%, see rank90.82%87.55%
Owner Occupied547, 70.67%, see rank60.36%56.34%
Renter Occupied163, 21.06%, see rank30.46%31.21%
Vacant Housing Units64, 8.27%, see rank9.18%12.45%
For Rent16, 2.07%, see rank1.91%2.34%
For Sale Only18, 2.33%, see rank0.96%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.73%0.92%
For Seasonal, Recreational, or Occasional Use15, 1.94%, see rank1.83%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant15, 1.94%, see rank3.73%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #280
Albion, NENebraskaU.S.
195119701976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Albion, NE%NebraskaU.S.
Owner-Occupied Units547100%486,03674,787,460
With a Mortgage21138.57%, see rank62.66%65.58%
Without a Mortgage33661.43%, see rank37.34%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Albion, NE
928 USD
Nebraska
1,279 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsAlbion, NE%NebraskaU.S.
$299 or Less00.00%, see rank0.21%0.20%
$300 to $49994.27%, see rank1.61%1.59%
$500 to $6992511.85%, see rank6.31%5.01%
$700 to $9998841.71%, see rank19.46%14.32%
$1,000 to $1,4996832.23%, see rank38.03%27.90%
$1,500 to $1,999167.58%, see rank19.60%20.35%
$2,000 to $2,99952.37%, see rank11.42%19.52%
$3,000 or More00.00%, see rank3.38%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Albion, NE
20.30% of the Total Income
Nebraska
20.70% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Albion, NE%NebraskaU.S.
10% or Less146.64%, see rank6.39%5.86%
10% to 20%8942.18%, see rank41.12%31.95%
20% to 30%8138.39%, see rank28.24%27.64%
30% to 40%136.16%, see rank11.18%13.74%
40% or More146.64%, see rank12.75%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Albion, NE
426 USD
Nebraska
468 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsAlbion, NE%NebraskaU.S.
$199 or Less257.44%, see rank5.02%7.76%
$200 to $2995516.37%, see rank11.96%14.70%
$300 to $49916649.40%, see rank39.82%34.63%
$500 to $6997923.51%, see rank27.29%21.16%
$700 or More113.27%, see rank15.92%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Albion, NE
13.30% of the Total Income
Nebraska
12.20% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Albion, NE%NebraskaU.S.
10% or Less12838.10%, see rank40.13%40.19%
10% to 20%10029.76%, see rank34.58%31.47%
20% to 30%4212.50%, see rank12.15%12.24%
30% to 40%236.85%, see rank4.79%5.64%
40% or More4312.80%, see rank7.49%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Albion, NENebraskaU.S.
Total Housing Units774, 100%805,256132,741,033
1-unit, Detached644, 83.20%, see rank72.59%61.65%
1-unit, Attached4, 0.52%, see rank3.84%5.82%
2 Units28, 3.62%, see rank2.00%3.75%
3 or 4 Units21, 2.71%, see rank2.61%4.43%
5 to 9 Units15, 1.94%, see rank4.03%4.78%
10 or More Units46, 5.94%, see rank11.30%13.08%
Mobile Home, Boat, RV, Van, etc.16, 2.07%, see rank3.65%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Albion, NENebraskaU.S.
Total Housing Units774, 100%805,256132,741,033
1 Room6, 0.78%, see rank1.32%1.95%
2 Rooms3, 0.39%, see rank2.62%2.48%
3 Rooms54, 6.98%, see rank8.07%9.13%
4 Rooms83, 10.72%, see rank14.08%16.60%
5 Rooms156, 20.16%, see rank16.93%20.41%
6 Rooms96, 12.40%, see rank16.26%18.06%
7 Rooms106, 13.70%, see rank13.12%12.27%
8 Rooms104, 13.44%, see rank10.95%8.48%
9 Rooms or More166, 21.45%, see rank16.66%10.60%
Median Rooms6.40, see rank5.905.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Albion, NENebraskaU.S.
Total Housing Units774, 100%805,256132,741,033
No Bedroom8, 1.03%, see rank1.53%2.17%
1 Bedroom78, 10.08%, see rank11.25%11.16%
2 Bedrooms211, 27.26%, see rank26.58%26.69%
3 Bedrooms267, 34.50%, see rank37.51%39.70%
4 Bedrooms159, 20.54%, see rank17.56%16.05%
5 or More Bedrooms51, 6.59%, see rank5.56%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Albion, NENebraskaU.S.
Total Housing Units710, 100%731,347116,211,092
Utility Gas356, 50.14%, see rank62.61%48.85%
Bottled, Tank, or LP Gas3, 0.42%, see rank7.68%4.86%
Electricity330, 46.48%, see rank26.70%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.51%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood8, 1.13%, see rank1.42%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel6, 0.85%, see rank0.77%0.47%
No Fuel Used7, 0.99%, see rank0.28%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalAlbion, NENebraskaU.S.
Occupied Units Paying Rent151, 100%230,16239,201,928
$199 or Less26, 17.22%, see rank1.82%1.50%
$200 to $29929, 19.21%, see rank3.55%3.18%
$300 to $49915, 9.93%, see rank14.03%7.37%
$500 to $69942, 27.81%, see rank27.42%16.01%
$700 to $99939, 25.83%, see rank33.64%29.17%
$1,000 to $1,4990, 0.00%, see rank15.51%26.88%
$1,500 to $1,9990, 0.00%, see rank2.30%9.79%
$2,000 or More0, 0.00%, see rank1.73%6.10%
Median$556, see rank$721$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Albion, NENebraskaU.S.
Occupied Housing Units710, 100%731,347116,211,092
No Vehicles Available38, 5.35%, see rank5.65%9.12%
1 Vehicles Available251, 35.35%, see rank30.01%33.80%
2 Vehicles Available256, 36.06%, see rank39.57%37.48%
3 or More Vehicles Available165, 23.24%, see rank24.77%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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