$316,853Average Value$286Average Price per Sq Ft2Homes For Sale
Economy has offered more space in Beaver County for centuries
As the Harmony Society built Economy Village in the 1800s, the religious community quickly outgrew its plot on the Ohio River. For more space, homesteaders and industrialists turned to the rolling, forested hills of what would become the Beaver County borough of Economy. Today, Old Economy Village is a preserved historic attraction in neighboring Ambridge. Despite ongoing suburbanization, Economy has also maintained its reputation for tranquility and a slower-paced lifestyle outside Pittsburgh’s city limits. “Economy isn’t really rural, but there’s more land out here. You’re not smack up next to people. A lot of homes have trees behind them, and I’ve got a little creek running through the back of my property,” says Valerie Keeley, a Realtor with Coldwell Banker Commercial Realty who lives in the borough. “It’s quiet, peaceful and right next to Cranberry if you need to go shopping.”
Economy is a country setting but only a 23 mile drive to Downtown Pittsburgh.
Economy is a safe and walkable neighborhood.
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A blend of single-family homes and 55-plus communities
Buyers can find a blend of prewar National-style homes and bungalows and midcentury Minimal Traditional, ranch-style and split-level homes along tree-shaded country roads and in suburban subdivisions. Prices for these older homes usually range from around $110,000 to $440,000, but fixer-uppers can go for less. Colonial Revival and Craftsman-inspired homes were built in cul-de-sac neighborhoods and age-restricted developments like Liberty Hills from the 1980s through the 2010s. Prices for newer construction range from around $330,000 to $830,000. New Traditional homes in The Landings by Foxlane Homes, one of the borough’s newest 55-plus communities, can go for $540,000 to nearly $1.2 million. The Landings and similar communities charge additional homeowners’ association fees to maintain resort-style amenities like pickleball courts and pools.
Most houses in Economy have attached garages, perfect to keep your car safe from the weather.
A cozy cottage with a well-manicured lawn can be found in Economy.
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Commuting around Beaver and Allegheny counties
Beaver, the seat of its namesake county, is about 10 miles from Economy down state Route 65. The Heritage Valley Sewickley and Heritage Valley Beaver hospitals are each about 11 miles away. Pittsburgh commuters will head to Interstates 79 and 279 on the nearly 25-mile drive downtown. Pittsburgh International Airport is about 20 miles from home. Beaver County Transit Authority buses stop at Northern Lights Shopping Center between Pittsburgh and Chippewa, but service is limited. Residents will need a car to get around.
Shopping and dining in Economy and Cranberry Township
Though commercial life is sparse in Economy, a handful of restaurants and specialty businesses are scattered around the borough. Big Sewickley Creek Brewery pairs its local craft beers with an active outdoor seating and events area. “It’s right down on the creek. They don’t have a restaurant, but different food trucks come in. There are picnic tables out back with lights and a fire pit, and they’re so dog-friendly it’s unbelievable. My dog is a ‘brew dog.’ If you bring your dog a few times, they’ll take their picture and hang it on the wall,” Keeley says. Though the Northern Lights Shopping Center is largely vacant, residents can still head to the nearby Walmart for groceries. Around 6 miles from Economy, Cranberry Township has many major big-box stores and countless chain and locally owned restaurants.
You must stop at Annie Lee's and try their wings and ribs in Economy.
Residents of Economy visit Young's Custard Stand for a sweat treat to beat the heat.
Brewed Awakening Coffee and Espresso Bar is a must stop for all coffee lovers in Economy.
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Borough and county parks throughout Economy
Grassy athletic fields and playgrounds draw people to Jeffrey B. Meddock Recreation Park and the green space at the Economy Borough Municipal Complex. Old Economy Park is a larger county park that's home to a forested hiking trail, a sledding hill that’s popular in the winter and a swimming pool that opens through the summer. Ambridge Youth Baseball teams play at the Economy Baseball Complex. Big Sewickley Creek is stocked with trout, and anglers might cast from their properties or head to public access points farther from home.
Meet up with friends at Recreation Drive Park for a game of pickle ball.
Residents of Economy enjoy taking their furry friends for a walk.
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Events in Economy’s parks and community centers
Each September, neighbors meet up at the borough’s municipal complex for vendor booths, fair food, inflatables and fireworks at Economy Community Day. Jeffrey B. Meddock Recreation Park hosts recurring movie nights and outdoor concerts throughout the summer. Local organizations often hold food-based fundraisers, including the fire department’s Lenten fish fry and the New Hope Evangelical Lutheran Church’s monthly breakfast buffet.
Attending Ambridge Area School District
Economy Elementary School earns a B-plus from Niche and was honored as a National Blue Ribbon School in 2024. Ambridge Area Middle School earns a C-plus, and Ambridge Area High School earns a B-minus.
Ambridge Area Junior High School has 467 students.
Welcome to Ambridge Area High School.
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Big Sewickley Creek’s flood risk
Big Sewickley Creek and other narrow waterways create flood zones throughout the borough. While most of Economy is unaffected, buyers should consult maps to understand their potential risk and need for insurance.
Written By
Julia Szymanski
Photography Contributed By
Anna Dukovich
Video By
Sara Warthen
Interested in learning more about homes in this area?
Reach out to
Brooke Witterman,
an experienced agent in this area.
GreatSchools:
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On average, homes in Economy, PA sell after 129 days on the market compared to the national average of 54 days. The median sale price for homes in Economy, PA over the last 12 months is $712,729.
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The Victoria II is a fresh take on family living—an elegant single-family home offering the perfect balance of comfort, style, and smart design. Whether you’re starting a new chapter or simplifying your space, this thoughtfully designed 2,314 square foot floorplan delivers everything you need to live with ease. Enjoy the convenience of a first-floor owner’s suite with a luxurious ceramic shower
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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