02802, Albion, RI

The 2802 zip code of Albion, Rhode Island has a median home value of $142,000 and a median home equity value of $137,000. The 2802 zip code is one of the more expensive zip codes in the state with a median home value above the statewide median home value by over 10%. In addition, the 2802 zip code has a higher than average percentage of homes with equity (over 50%) which contributes to its high median home value.

While there are many factors that contribute to the high values in this particular zip code, one contributing factor may be its relatively low population density. This allows for more homes to be purchased and sold each year which drives up prices. Additionally, Albion is located in an affluent area which also contributes to its high values.