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Sarah Mitchell

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Compass Real Estate · Bellefonte, PA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bellefonte, PA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bellefonte, PA Housing Market

Strong seller's market+1.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Bellefonte, PA is worth $314,956, rose 1.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $325,550, +11.5% year over year (through May 2026). With 0.5 months of supply and homes going under contract in about 6 days, Bellefonte is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $314,956 home is about $1,681/mo in principal and interest.

Key numbers for Bellefonte, PA

Typical home value

$314,956

+1.5% in 12 months

Zillow, August 2026

Median sale price

$325,550

+11.5% year over year

Redfin, through May 2026

Days on market

6

Fast-moving

Redfin, through May 2026

Active listings

3

0.5 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$57,157

Home costs 5.5x income

U.S. Census ACS, 2023

Sale-to-list ratio

99.3%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Bellefonte a buyer's or seller's market?

Strong seller's market0.5 months of supply6 days on market99.3% of asking

Bellefonte, PA is a strong seller's market, based on 0.5 months of supply and homes selling in about 6 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Bellefonte housing market data show?

Every row below is Redfin's final published month for Bellefonte, PA. Redfin, through May 2026

Housing market statistics for Bellefonte, PA, Redfin through May 2026
MetricValue
Median sale price$325,550
Median list price$285,000
Year-over-year price change+11.5%
Median price per sq ft$179/sq ft
Median days on market6 days
Active inventory3 listings
Months of supply0.5 months
Sale-to-list price ratio99.3%
Homes sold (that month)6
New listings (that month)9
Listings with a price cut66.7%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Bellefonte is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Bellefonte is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Bellefonte home prices moved?

Over the last three years the median sale price in Bellefonte, PA rose 71.3%, from $190,000 to $325,550. The live Zillow value series has rose 1.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 66.7% of Bellefonte listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 0.5 months while the sale-to-list ratio slips below its current 99.3%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Bellefonte?

Priced off the typical home value of $314,956 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Bellefonte, PA
Down paymentCash at closeLoan amountMonthly P&I
20%$62,991$251,965$1,681/mo
5%$15,748$299,208$1,997/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,681, that implies roughly $72,060 a year before you add taxes and insurance. The median household in Bellefonte earns $57,157, about $14,903 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Bellefonte in the next 12 months?

Tell us your timeline. We send the Bellefonte market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Bellefonte?

Zillow does not publish a rent index (ZORI) for Bellefonte, PA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Bellefonte?

Active listings in Bellefonte, PA went from 12 in May 2025 to 3 in May 2026, a -75.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Bellefonte, PA
MonthActive listingsNew listings
June 20251815
July 2025179
August 2025176
September 2025126
October 202595
November 20257not published
December 202563
January 202684
February 202635
March 20261011
April 202672
May 202639

Redfin, through May 2026

How does Bellefonte compare to Pennsylvania and the U.S.?

Bellefonte homes sell for $325,550 — 1% below the Pennsylvania median of $330,200. Against the national median of $410,700, Bellefonte runs 21% lower. Year-over-year, Bellefonte moved +11.5% against Pennsylvania's +5.3% — a bigger swing than the state as a whole.

Bellefonte, PA compared with Pennsylvania and the United States
MarketMedian sale priceYoYDays on market
Bellefonte, PA$325,550+11.5%6 days
Pennsylvania statewide$330,200+5.3%30 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Bellefonte

What buyers should watch

  • Months of supply, currently 0.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 66.7%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $315 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $314,956 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Bellefonte listing goes under contract in 6 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 99.3% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Bellefonte added 9 new listings against 6 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +1.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Bellefonte varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Bellefonte

There are currently 3 homes listed for sale in Bellefonte, Pennsylvania. The median listing price is $285K. Featured listings range from $50,000 to $449,900.

3 bedroom house for sale at 317 E Lamb St Bellefonte - $50,000
$50,000

317 E Lamb St

Bellefonte, PA

3 bd1 ba1,584 sqft$32/ft²
House2,178 sqft lot
View photos & details
3 bedroom house for sale at 328 E Logan St Bellefonte - $249,900
$249,900

328 E Logan St

Bellefonte, PA

3 bd3 ba1,710 sqft$146/ft²
House9,148 sqft lot
View photos & details
2 bedroom house for sale at 320 E Bishop St Bellefonte - $255,000
$255,000

320 E Bishop St

Bellefonte, PA

2 bd1 ba1,716 sqft$149/ft²
House5,227 sqft lot
View photos & details
2 bedroom house for sale at 429 Simpson St Bellefonte - $299,000
$299,000

429 Simpson St

Bellefonte, PA

2 bd2 ba1,476 sqft$203/ft²
House12,197 sqft lot
View photos & details
3 bedroom house for sale at 146 Isabella Cir Lot 203 Bellefonte - $329,990
$329,990

146 Isabella Cir Lot 203

Bellefonte, PA

3 bd3 ba1,529 sqft$216/ft²
House
View photos & details
3 bedroom house for sale at 144 Isabella Cir Lot 204 Bellefonte - $337,990
$337,990

144 Isabella Cir Lot 204

Bellefonte, PA

3 bd3 ba1,529 sqft$221/ft²
House
View photos & details
2 bedroom house for sale at 448 E Beaver St Bellefonte - $349,900
$349,900

448 E Beaver St

Bellefonte, PA

2 bd2 ba1,350 sqft$259/ft²
House20,038 sqft lot
View photos & details
3 bedroom house for sale at 150 Isabella Cir Lot 201 Bellefonte - $349,990
$349,990

150 Isabella Cir Lot 201

Bellefonte, PA

3 bd3 ba1,529 sqft$229/ft²
House
View photos & details
4 bedroom house for sale at 316 Meadow Ln Bellefonte - $395,000
$395,000

316 Meadow Ln

Bellefonte, PA

4 bd3 ba1,683 sqft$235/ft²
House17,860 sqft lot
View photos & details
4 bedroom house for sale at 355 E Curtin St Bellefonte - $399,000
$399,000

355 E Curtin St

Bellefonte, PA

4 bd3 ba2,388 sqft$167/ft²
House10,019 sqft lot
View photos & details
8 bedroom house for sale at 325 E Linn St Bellefonte - $429,900
$429,900

325 E Linn St

Bellefonte, PA

8 bd2 ba3,533 sqft$122/ft²
House10,019 sqft lot
View photos & details
4 bedroom house for sale at 1329 Zion Rd Bellefonte - $449,900
$449,900

1329 Zion Rd

Bellefonte, PA

4 bd3 ba2,348 sqft$192/ft²
House1.70 acres
View photos & details

Looking to buy in Bellefonte?

Get connected with a local real estate expert — free, no obligation.

Active listings

3

Homes on market

Median list price

$285K

Avg. days on market

6

Days until sale

New this week

9

Newly listed

Price drops:66.7%of listings
Sale-to-list:99.3%

How much do homes cost in Bellefonte by property type?

How the Bellefonte, PA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Bellefonte, PA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$325,550$179/sq ft66 days
Townhouse$204,000$142/sq ft112 days

Who lives in Bellefonte?

American Community Survey estimates for Bellefonte. U.S. Census ACS, 2023

Population

6,022

Households

2,934

Median income

$57,157/yr

Median age

45 years

Owner-occupied

48.7%

Median home value

$232,500

Median gross rent

$900/mo

Mean commute

20 min

48.7% of occupied homes in Bellefonte are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $232,500 against Zillow's $314,956 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which public schools serve Bellefonte?

5 schools tracked · 2,386 students

The largest public schools serving Bellefonte, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Bellefonte Area HS

Grades 9-12 · 844 students

Public

Bellefonte Area MS

Grades 6-8 · 617 students

Public

Marion-Walker El Sch

Grades K-5 · 373 students

Public

Bellefonte El Sch

Grades K-5 · 311 students

Public

Benner El Sch

Grades K-5 · 241 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Bellefonte, PA?

Ordered by distance from Bellefonte, not by size. Compare Bellefonte side by side with any of them.

Bellefonte housing market FAQ

Is Bellefonte a buyer's or seller's market?

Bellefonte, PA is currently a strong seller's market. That read comes from 0.5 months of supply, homes going under contract in about 6 days, and sellers getting 99.3% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Bellefonte?

The typical home in Bellefonte, PA is worth $314,956 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $325,550, about $179 per square foot.

Is Bellefonte cheaper than the rest of Pennsylvania?

Bellefonte's median sale price of $325,550 is 1% lower than the Pennsylvania statewide median of $330,200, and 21% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Bellefonte?

Homes in Bellefonte, PA spent a median of 6 days on market before going under contract, versus 30 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Bellefonte?

At the current 30-year fixed rate of 7.03%, 20% down on a $314,956 home is about $1,681 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $72,060 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $57,157.

Are home prices rising in Bellefonte?

The typical home value in Bellefonte, PA rose 1.5% over the last 12 months, from $310,342 to $314,956 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Bellefonte?

Bellefonte ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Bellefonte?

That depends on your timeline, not on a headline. What the data says today: Bellefonte, PA is a strong seller's market with 0.5 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.