Call or Text (240) SELL-123

ALBION, PA 16401

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

Market Overview

Active Listings
5
⇩ 64.3% vs 14 last year
Pending
2
40% pending ratio
Median Price
$169,900
vs $169,900 last year
Average Price
$249,900
⇧ 21.3% vs $206,079 last year
Days on Market
57
⇩ 18.6% vs 70 days last year

Market Context

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

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

Market Analysis

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

The ALBION, PA real estate market (16401) currently shows 5 active listings, with 2 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 57 days on market compared to 70 days last year.

The median listing price has fallen 0% year-over-year, from $169,900 to $169,900.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for ALBION, PA 16401 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 14 last year
  • Days on market: 57 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $169,900 (+0% YoY)
  • Average: $249,900 (+21.3% 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

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 January 2026, there are 5 active listings in ALBION, PA (zip code 16401), compared to 14 the prior year.

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

The median listing price in ALBION, PA 16401 is $169,900 as of January 2026, a 0% increase from $169,900 the prior year.

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

Homes in ALBION, PA 16401 spend an average of 57 days on the market before going under contract, compared to 70 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 January 2026, ALBION, PA 16401 is currently a Seller's Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 57 days on market compared to 70 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 $3,398 compared to a typical 5% commission on the median listing price of $169,900. 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.