Albia, IA Real Estate

According to census data in the year 2000 there were 1,701 housing units in Albia. This represents a 4% decline from 1,772 in 1990.

Of those housing units, 1,635 were located in either urbanized areas or urban clusters, and 66 were located in what is classified as a rural area.

Homeownership rate in Albia is about 71.1%. Albia's vacancy rate, including seasonal lodging, is about 8.9%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Albia were built after 1943.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom9.30%
Two Bedrooms35%
Three Bedrooms41.40%
Four Bedrooms11%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1943
Median Value of occupied units$54,400
Median Price asked for vacant units$53,100

Rented Homes, Apartments and Condos

Average Household Size1.82
Median year structure was built1941
Median Monthly Rent asked for vacant units$286

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan1.10%
Simple Mortgage42%
Debt Free53.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%