State College, PA Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

State College, PA offers balanced conditions for buyers.

  • Prices are essentially flat (1.9% YoY) — good negotiating leverage for buyers.
  • Price-to-rent ratio: 17.6 — buying and renting are roughly comparable.

Median Home Value

$339,033

ZHVI

Year-over-Year

+1.9%

Price change

5-Year Change

+23.9%

Since 2021

Median Rent

$1,607/mo

ZORI

Active Listings

198

For sale

State Avg

$278,429

Pennsylvania

Home Value Trends

5-year Zillow Home Value Index for State College, PA vs. state and national averages.

Rent Data

Median Rent

$1,607/mo

Rent YoY Change

+4.8%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.