State College, PA metro area Housing Market

Warm Market

Comprehensive housing market data for the State College, PA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$338K

10.0% YoY

Days on Market

40 days

122.2% YoY

Active Inventory

181

24.0% YoY

Homes Sold

74

13.8% YoY

Warm Market

The market is active with moderate buyer demand.

State College, PA metro area Market Summary

The State College, PA metro area housing market is heating up. As of January 2026, the median home sale price is $338K, down 10.0% year-over-year. Homes are spending a median of 40 days on the market, 122.2% longer than a year ago.

There are 181 homes for sale — 24.0% more than last year. With 2.4 months of supply, this is a seller's market. 79 new listings were added during this period, up 27.4% year-over-year.

Homes are selling for 98.7% of their list price on average, suggesting room for negotiation. 20.3% of homes sell above their asking price. 26.5% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

62

Contributing Factors

Months of Supply 2.4
Days on Market 40
Price Drops 26.5%
Sale-to-List Ratio 98.7%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $423K) 20.0%
Days on Market (National: 66) 39.4%
Inventory (National: 1,210,379) 100.0%

vs. Pennsylvania Median

Median Price (Pennsylvania: $300K) 12.9%
Days on Market (Pennsylvania: 50) 20.0%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 20% below the national median, which could indicate stronger cash flow potential.

State College, PA metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$375K

Price per Sq Ft

$201

Sale-to-List Ratio

98.7%

Months of Supply

2.4

Sold Above List

20.3%

Price Drops

26.5%

New Listings

79

27.4% YoY

Pending Sales

85

Off Market in 2 Weeks

42.4%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.