New Listing
46
$288,000
779 Galen Dr
State College, PA 16803
3 bd3 ba2,177 sqft$132/ft²
Townhouse
Peter Chiarkas · Kissinger, Bigatel & Brower
View photos & details
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State College, PA Housing Market
Strong seller's market+0.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in State College, PA is worth $412,988, held roughly flat 0.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $458,100, +7.3% year over year (through May 2026). With 0.9 months of supply and homes going under contract in about 6 days, State College is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $412,988 home is about $2,205/mo in principal and interest.
Key numbers for State College, PA
Typical home value
$412,988
+0.3% in 12 months
Zillow, August 2026
Typical asking rent
$1,804/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$458,100
+7.3% year over year
Redfin, through May 2026
Days on market
6
Fast-moving
Redfin, through May 2026
Active listings
21
0.9 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
$47,132
Home costs 8.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
101.9%
Selling above 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 State College a buyer's or seller's market?
Strong seller's market0.9 months of supply6 days on market101.9% of asking
State College, PA is a strong seller's market, based on 0.9 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 State College housing market data show?
Every row below is Redfin's final published month for State College, PA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $458,100 |
| Median list price | $409,000 |
| Year-over-year price change | +7.3% |
| Median price per sq ft | $256/sq ft |
| Median days on market | 6 days |
| Active inventory | 21 listings |
| Months of supply | 0.9 months |
| Sale-to-list price ratio | 101.9% |
| Homes sold (that month) | 23 |
| New listings (that month) | 10 |
| Listings with a price cut | 9.5% |
| Market condition | Strong 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 State College is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in State College 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 State College home prices moved?
Over the last three years the median sale price in State College, PA rose 37.6%, from $333,000 to $458,100. The live Zillow value series has held roughly flat 0.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 9.5% of State College listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 0.9 months while the sale-to-list ratio slips below its current 101.9%. 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 State College?
Priced off the typical home value of $412,988 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.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $82,598 | $330,391 | $2,205/mo |
| 5% | $20,649 | $392,339 | $2,618/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 $2,205, that implies roughly $94,490 a year before you add taxes and insurance. The median household in State College earns $47,132, about $47,358 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 8.8x — 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 State College in the next 12 months?
Tell us your timeline. We send the State College market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in State College?
Typical asking rent in State College, PA is $1,804/mo, against a typical home value of $412,988. That is a price-to-rent ratio of 19.1x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,205 a month — $401 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in State College?
Active listings in State College, PA went from 31 in May 2025 to 21 in May 2026, a -32.3% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 30 | 17 |
| July 2025 | 38 | 19 |
| August 2025 | 36 | 10 |
| September 2025 | 37 | 15 |
| October 2025 | 34 | 11 |
| November 2025 | 37 | 9 |
| December 2025 | 34 | 5 |
| January 2026 | 32 | 15 |
| February 2026 | 34 | 11 |
| March 2026 | 35 | 25 |
| April 2026 | 41 | 26 |
| May 2026 | 21 | 10 |
Redfin, through May 2026
How does State College compare to Pennsylvania and the U.S.?
State College homes sell for $458,100 — 39% above the Pennsylvania median of $330,200. Against the national median of $410,700, State College runs 12% higher. Year-over-year, State College moved +7.3% against Pennsylvania's +5.3% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| State College, PA | $458,100 | +7.3% | 6 days |
| Pennsylvania statewide | $330,200 | +5.3% | 30 days |
| United States | $410,700 | not published | not 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 State College
What buyers should watch
- Months of supply, currently 0.9. 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 9.5%. 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 $413 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 $412,988 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 State College 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 101.9% of asking. Price at the number you want and let competition do the rest.
- In the last published month State College added 10 new listings against 23 sales — more clearing than arriving, which is the better window to list.
- Your equity moved +0.3% 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 State College varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in State College
There are currently 21 homes listed for sale in State College, Pennsylvania. The median listing price is $409K. Featured listings range from $288,000 to $850,000.
New Listing
$311,500
106 Lincoln Ave
State College, PA 16801
3 bd3 ba1,586 sqft$196/ft²
Townhouse3,920 sqft lot
Sam Fischer · Heritage Realty Group Inc
View photos & details
New Listing
58
$422,500
112 Alma Mater Ct Apt G
State College, PA 16803
3 bd2 ba1,845 sqft$229/ft²
Condo
Lisa Schroeder · Kissinger, Bigatel & Brower
View photos & details
New Listing
56
$458,000
422 Martin Ter
State College, PA 16803
3 bd2 ba1,578 sqft$290/ft²
House13,068 sqft lot
Jie Peng · RE/MAX Centre Realty
View photos & details
New Listing
65
$465,000
620 Fawn Valley Rd
State College, PA 16803
4 bd3 ba2,186 sqft$213/ft²
House9,148 sqft lot
Peter Chiarkas · Kissinger, Bigatel & Brower
View photos & details
New Listing
56
$525,000
773 Cornwall Rd
State College, PA 16803
6 bd4 ba2,813 sqft$187/ft²
House15,682 sqft lot
Brian Rater · RE/MAX Centre Realty
View photos & details
70
$584,900
1007 Amelia Ave
State College, PA 16801
4 bd3 ba2,760 sqft$212/ft²
House11,761 sqft lot
Greg Copenhaver · RE/MAX Centre Realty
View photos & details
New Listing
66
$619,000
240 Sunday Dr
State College, PA 16801
4 bd3 ba2,674 sqft$231/ft²
House15,682 sqft lot
Sarah Pensyl Jones · Kissinger, Bigatel & Brower
View photos & details
New Listing
77
$715,000
128 Waypoint Cir
State College, PA 16801
5 bd5 ba4,346 sqft$165/ft²
House17,860 sqft lot
Ryan Lowe · RE/MAX Centre Realty
View photos & details
New Listing
56
$799,900
1137 Dorum Ave
State College, PA 16801
4 bd4 ba3,809 sqft$210/ft²
House13,068 sqft lot
Larry Walker · Kissinger, Bigatel & Brower
View photos & details
New Listing
15
$838,000
248 Ivy Hill Dr
State College, PA 16801
4 bd2 ba3,631 sqft$231/ft²
House34,848 sqft lot
David Fonash · Continental Real Estate Management
View photos & details
58
$850,000
327 Arbor Way
State College, PA 16803
4 bd4 ba3,203 sqft$265/ft²
House30,492 sqft lot
Eric Hurvitz · RE/MAX Centre Realty
View photos & details
Looking to buy in State College?
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Active listings
21
Homes on market
Median list price
$409K
Avg. days on market
6
Days until sale
New this week
10
Newly listed
Price drops:9.5%of listings
Sale-to-list:101.9%
How much do homes cost in State College by property type?
How the State College, PA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $485,000 | $256/sq ft | 15 | 5 days |
| Condo / co-op | $265,000 | $391/sq ft | 5 | 6 days |
| Townhouse | $268,500 | $216/sq ft | 2 | 16 days |
Who lives in State College?
American Community Survey estimates for State College. U.S. Census ACS, 2023
Population
40,669
Households
11,437
Median income
$47,132/yr
Median age
21.4 years
Owner-occupied
27.0%
Median home value
$414,400
Median gross rent
$1,229/mo
Mean commute
15.8 min
27.0% of occupied homes in State College 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 $414,400 against Zillow's $412,988 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,229/mo, below Zillow's $1,804/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve State College?
12 schools tracked · 6,521 students
The largest public schools serving State College, 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.
State College Area HS
Grades 8-12 · 2,347 students
Park Forest MS
Grades 6-8 · 808 students
Mount Nittany MS
Grades 6-8 · 712 students
Radio Park El Sch
Grades K-5 · 432 students
Mount Nittany El Sch
Grades K-5 · 424 students
Park Forest El Sch
Grades K-5 · 413 students
Spring Creek El Sch
Grades K-5 · 381 students
Young Scholars of Central PA CS
Grades K-8 · 344 students
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 State College, PA?
Ordered by distance from State College, not by size. Compare State College side by side with any of them.
Which ZIP codes are in State College?
These are the ZIP codes we see on active State College listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
State College housing market FAQ
Is State College a buyer's or seller's market?
State College, PA is currently a strong seller's market. That read comes from 0.9 months of supply, homes going under contract in about 6 days, and sellers getting 101.9% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in State College?
The typical home in State College, PA is worth $412,988 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $458,100, about $256 per square foot.
Is State College cheaper than the rest of Pennsylvania?
State College's median sale price of $458,100 is 39% higher than the Pennsylvania statewide median of $330,200, and 12% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in State College?
Homes in State College, 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 State College?
At the current 30-year fixed rate of 7.03%, 20% down on a $412,988 home is about $2,205 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $94,490 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $47,132.
Are home prices rising in State College?
The typical home value in State College, PA held roughly flat 0.3% over the last 12 months, from $411,553 to $412,988 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in State College?
State College 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 State College?
That depends on your timeline, not on a headline. What the data says today: State College, PA is a strong seller's market with 0.9 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 19.1x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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