State College, PA Home Values & Market Trends
Real estate market trends reflect that there have been 555 transactions over the past year in State College. The median value for residential home transactions that occurred over the previous year is $377,676.19. The number of current listings in State College is 18, and the percentage of properties for sale in the city is 18.00%. State College, PA currently has 4 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 18 properties for sale.
State College, PA Real Estate Market Overview
Housing Market Summary for State College, PA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $495K | $380.1K | -23.21% |
| Median Sold Price | $378.5K | $380.1K | 0.42% |
| Homes For Sale | 9 | 17 | 88.89% |
| Homes Sold | 228 | 218 | -4.39% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in State College, PA
Browse Homes in State College, PA
State College home values range from $28,914 to $2,686,321. The median estimated value of a home in State College is $377,676.19. The median list price of a home is 377,450, and the total count of properties in the city is 15,850.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in State College, PA with 16801 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within State College, PA; of those zips, the estimated home value for pre-foreclosure homes ranges from $752,977 in 16801 to the lowest home value of $752,977 in 16801.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in State College, PA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in State College, PA. There are 2 zips within State College, PA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions16801 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of State College, PA. Auction homes and other auction properties account for 0.02% of all properties in State College, PA. There are 2 zips within State College, PA; of those zips, the median estimated home value for homes going to auction ranges from $516,750 in 16803 to the lowest value of $292,750 in 16803.
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More Real Estate Resources for State College, PA
Guide for State College, PA
Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.
Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.
Pennsylvania Foreclosure Laws
Information on foreclosure financing, refinancing, and foreclosure mortgages.