Housing in State College, PA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$380,000

Median List Price

$329,900

Price Per Sq Ft

$296

Days on Market

7

Active Inventory

30

Months of Supply

3.3

Seller's market

Zillow Home Value

$395,605

ZHVI — January 2026

Zillow Rent Index

$1,704

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 38.2%List Price 33.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

44.4%

Off Market in 2 Weeks

90.9%

Sale-to-List Ratio

100.2%

Seller's market

Sold Above Asking
44.4%
Under Contract in 2 Wks
90.9%
Listings with Price Drops
6.7%

Market Activity

Source: Redfin

Homes Sold

9

New Listings

15

Pending Sales

11

Homes Sold 50.0%New Listings 6.3%Pending 15.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$296

Median List $/SF

$288

Sale $/SF 29.8%List $/SF 19.5%Mar 24Jan 26

State College vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. State College is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$414,400

Median Rent

$1,229

Total Housing Units

13,148

Vacancy Rate

13.0%

Owner Occupied

27.0%

Renter Occupied

73.0%

Median Property Tax

$4,405

per year

Monthly Cost (w/ Mortgage)

$1,505

Housing Types

Single Family
35.0%
Multi-Family
64.2%
Mobile Home
0.8%

The current median sale price in State College, PA is $380,000 according to Redfin data. Homes spend a median of 7 days on the market. 44.4% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $296. Zillow's observed rent index is $1,704/month. About 27.0% of housing units are owner-occupied. The median year homes were built is 1972. There are 13,148 total housing units.