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Cheap Homes in Albion, PA

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View this home at Mead Ave Corry PA 16407
Foreclosure
$19,900 List Price

3 Bed | 2 Bath | 1,272 Sq. Ft.

4 View this home at E 33rd St Erie PA 16504
Foreclosure
$34,900 List Price

2 Bed | 1 Bath | 912 Sq. Ft.

View this home at E 22nd St Erie PA 16503
Foreclosure
$57,036 EMV

4 Bed | 1 Bath | 1,536 Sq. Ft.

View this home at Warfel Ave Erie PA 16503
Foreclosure
$38,400 EMV

2 Bed | 1 Bath | 1,134 Sq. Ft.

View this home at E 8th St Erie PA 16503
Foreclosure
$29,910 EMV

2 Bed | 1 Bath | 1,588 Sq. Ft.

View this home at Concord St Corry PA 16407
Bankruptcy
$33,002 EMV
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Top Reasons To Live In Albion, PA In 2024

Albion is located in Erie, Pennsylvania, with an estimated municipal population of 1,449 residents. All of the best foreclosed homes for sale in Albion are located in the following zip code areas on Foreclosure.com: 16401. The estimated population per square kilometer (.62 miles) in Albion is 518.


Cost Of Living In Albion, PA

So, about how much do homes cost in Albion? The most recent median value of resident-owned homes in Albion is 95,924. An estimated 61.4 percent of households in Albion own their homes, with an average family size of 2.91. The median household income in Albion is 37,050, with8.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Albion, the median commute time of resident workers (in minutes) is 24.7. And last, but certainly not least, are you looking for homes to rent in Albion? If so, the average rent price paid by renters in Albion is 540, according to recent statistics.


Diversity And Demographics In Albion, Pennsylvania

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Albion, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Albion is 43.9, split between 46.3 percent male versus 53.7 female. The percentage of residents who report being married in Albion is 50.5, with an average family size of 2.91.

The percentage of residents who report their race in Albion is as follows:

White 96.8%
Black / African American 1.6%
Asian 0.8%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.2%
Other 0.3%

Looking for family-friendly neighborhoods in and/or near Albion? Or maybe you are searching for 55+ active adult communities in and/or near Albion?

The percentage of residents who report their age in Albion is as follows:

Under 10 14.9%
Aged 10-19 10.9%
20s 7.8%
30s 10.9%
40s 13.2%
50s 17.7%
60s 10.9%
70s 9.4%
80+ 4.2%

Best Schools In Albion, Pennsylvania

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Albion with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Albion.


Pros And Cons Of Living In Albion, Pennsylvania

How do you know that living in -- or moving to -- Albion is right where you need to be? Perhaps you grew up in Albion or already live nearby; therefore, the decision to buy a home in Albion is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Albion for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Albion:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Albion.


Reasons To Move To Albion, Pennsylvania, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Albion can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Albion, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Albion, PA


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