95410, Albion, CA

The Albion, CA 95410 zip code has a median home value of $269,000 and a median home equity of $130,000. The Albion zip code is one of the more affordable zip codes in the Bay Area with a median home value below the statewide median home value. Home values in Albion have increased by 5.5% over the past year and are projected to grow by an additional 4.4% over the next year according to Zillow.

The average age of homes in Albion is approximately 73 years old which is slightly older than the Bay Area as a whole. The majority of homes in Albion are owner-occupied (77%) while 23% are rented. There is a significant concentration of single family homes (79%) in this zip code compared to other Bay Area neighborhoods which has likely contributed to its affordability relative to other areas within the region.

One factor that may contribute to Albion's affordability is its lack of major commercial development within its boundaries. This lack of development may limit opportunities for developers who may be more inclined to build larger, more expensive properties closer to major transportation hubs or commercial corridors. Additionally, there is limited competition for housing units due to Albion's small population size and limited availability of land for new construction within its boundaries.