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ALBION, PA 16401

Real Estate Market Report  ·  Erie County
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The ALBION, PA real estate market (16401) currently shows 6 active listings, with 4 pending sales. Homes are averaging 15 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 15 days on market compared to 98 days last year.

The median listing price has fallen 5.7% year-over-year, from $177,450 to $167,400.

Whether you are buying or selling in ALBION, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,103  ·  Density: 28.5/mi²  ·  Median household income: $68,056

Typical home value: $145,156  ·  Homeownership: 82.0%

Market Overview

Active Listings
6
⇩ 53.8% vs 13 last year
Pending
4
67% pending ratio
Median Price
$167,400
⇩ 5.7% vs $177,450 last year
Average Price
$207,400
⇩ 0.3% vs $208,081 last year
Days on Market
15
⇩ 84.7% vs 98 days last year

Price Per Square Foot

Median $/sqft
$142
⇧ 5.2% vs $135/sqft last year
Median Home Size
1,716 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 13 last year
  • Days on market: 15 now vs 98 last year

Median & Average Pricing

Year over Year
  • Median: $167,400 (-5.7% YoY)
  • Average: $207,400 (-0.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.2 miles — 230 listings ($65,953,605 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16401Albion, PA 164010.0 mi5$1,249,500$169,900$249,900
16443West Springfield, PA 164435.5 mi1$110,000$110,000$110,000
16411East Springfield, PA 164117.1 mi2$850,000$425,000$425,000
44030Conneaut, OH 440309.2 mi38$6,383,316$129,900$167,982
16423Lake City, PA 1642310.1 mi4$1,093,332$325,000$273,333
16412Edinboro, PA 1641212.3 mi22$8,085,000$247,450$367,500
16426McKean, PA 1642615.3 mi4$799,600$199,900$199,900
16440Venango, PA 1644015.5 mi1$425,000$425,000$425,000
16433Saegertown, PA 1643316.8 mi7$2,193,975$272,400$313,425
44004Ashtabula, OH 4400419.8 mi110$24,230,360$170,000$220,276
44032Dorset, OH 4403220.2 mi2$980,000$490,000$490,000
44047Jefferson, OH 4404720.6 mi10$3,829,250$322,500$382,925
16505Erie, PA 1650521.2 mi24$15,724,272$265,000$655,178

Frequently Asked Questions

How many homes are for sale in ALBION, PA 16401?

As of February 2026, there are 6 active listings in ALBION, PA (zip code 16401), compared to 13 the prior year.

What is the median home price in ALBION, PA 16401?

The median listing price in ALBION, PA 16401 is $167,400 as of February 2026, a 5.7% decrease from $177,450 the prior year.

How long do homes stay on the market in ALBION, PA?

Homes in ALBION, PA 16401 spend an average of 15 days on the market before going under contract, compared to 98 days the prior year.

Is it a seller's or buyer's market in ALBION, PA 16401?

Based on current inventory and days-on-market data as of February 2026, ALBION, PA 16401 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 15 days on market compared to 98 days last year.

How much can I save on real estate commission in ALBION, PA?

With SELL123.com's maximum 3% commission, sellers in ALBION, PA 16401 save an estimated $3,348 compared to a typical 5% commission on the median listing price of $167,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.