Centre County, PA Housing

Centre, PA County is known for its housing market which boasts a median value of $293,600. This is significantly lower than the US median house value of $338,100. Despite the lower baseline cost, Centre has seen an impressive appreciation rate of 12.61% compared to the national average of 8.27%. This indicates that Centre remains a desirable location for potential homebuyers and investors alike and provides ample opportunity for growth.

The median home cost in Centre County is $293,600. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Centre County is up 6.4%.

Average Age of Homes

- The median age of Centre County real estate is 40 years old

The Rental Market in Centre County

- Renters make up 35.4% of the Centre County population
- 2.2% of houses and apartments in Centre County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Centre, Pennsylvania	United States
	65,398.0	139,647,020.0
	42	42
	$293,600	$338,100
	6.4%	16.6%
	34.1%	57.0%
	54.0%	101.1%
	$11.85	$10.98
	$3,017	$2,690
	55.8%	57.4%
	11.6%	11.2%
	32.6%	31.4%
Vacant Housing
	2.2%	1.9%
	1.9%	0.4%
	0.4%	0.7%
	0.1%	0.4%
	4.6%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	2.0%	2.4%
	1.4%	2.8%
	2.7%	3.9%
	2.4%	4.5%
	8.2%	11.3%
	15.1%	13.0%
	26.8%	20.1%
	18.2%	13.6%
	9.2%	8.3%
	7.2%	9.7%
	2.4%	3.9%
	1.4%	2.2%
	0.3%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	13.3%	13.6%
	13.3%	13.6%
	15.0%	13.6%
	13.5%	13.2%
	15.4%	14.8%
	15.0%	13.6%
	8.6%	10.0%
	2.9%	4.7%
	15.1%	12.2%

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