State College, PA has seen an increase in housing value over the past year. The median value for homes in State College is currently $355,500, which is significantly higher than the US median of $338,100. This difference reflects a 10.39% appreciation rate for homes in State College compared to the national average of 8.27%. With increasing values and steady appreciation rates, State College is a great place to consider investing in housing.
The median home cost in State College is $355,500. Home appreciation the last 10 years has been 54.0%. Home Appreciation in State College is up 6.4%.
Average Age of Homes
- The median age of State College real estate is 46 years old
The Rental Market in State College
- Renters make up 70.5% of the State College population
- 4.8% of houses and apartments in State College, 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.