6 homes in Albion
Homes for Sale in Albion, TN
About Albion, TN Real Estate
Albion is an unincorporated community in Mendocino County, California, United States. It is located 15 miles (24 km) south of Fort Bragg, at an elevation of 174 feet (53 m). For statistical purposes, the United States Census Bureau has designated Albion as a census-designated place (CDP). Albion had a population of 153 at the 2020 census.
Albion is a community in California offering diverse housing options and local amenities. The city provides residents with access to quality schools, parks, shopping, and dining, making it an attractive option for homebuyers seeking comfortable living in California.
Today, Albion has 6 homes for sale at a median price of $1,100,000, typically selling in about 185 days.
Why Live in Albion?
- Local schools and educational opportunities
- Parks and recreational facilities
- Shopping and dining options
- Access to major freeways and transportation
Albion Market Pulse
Median Home Price
$1.30M
Months of Supply
Estimated time to sell all listings at the current sales pace
6.0 months of supply
Balanced Market6 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step—a steady flow of options without a glut. Listings typically sell in ~185 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs. Sales 57% faster than 6 months ago.
Inventory Distribution
Homes are taking longer to sell—a larger share of listings remain on the market beyond 30 days, giving buyers more leverage.
Housing Tenure in Albion
Homeownership is higher than average—most households in this area own rather than rent.
65%
Homeowners
35%
Renters
Homeownership is 9.5% higher than the California average (55.5%)
100 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $392K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$750K)
Price Reductions
4 listings have reduced their price
67% of active listings
Average reduction: 13.9% (~$153K)
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