Market Overview
Home Prices in Centre Hall, PA
The median home value in Centre Hall, PA is $349,286 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Centre Hall are priced15% below average. Centre Hall is part of the State College, PA metro area.
Over the past five years, Centre Hall home values have risen by approximately20.5%, reflecting strong long-term appreciation in this market.
Price History
Centre Hall Home Price Trend
City Comparison
Centre Hall vs. National Median
At $349,286, homes in Centre Hall cost 15% below the national median of $410,000. This makes Centre Hall a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Centre Hall?
20% Down Payment
$69,857
on $349,286
Monthly P&I
$1,822/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,314/mo
incl. taxes & insurance
Income Needed
$92,560
gross annual (30% rule)
10% Down Option
$34,929
+ PMI applies
Loan Amount (20% dn)
$279,429
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Centre Hall, PA?
The median home value in Centre Hall is $349,286 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Centre Hall?
Over the past year, home values in Centre Hall have increased by 2.1%. Over five years, prices have risen approximately 20.5%.
How much do I need to earn to buy a home in Centre Hall?
To comfortably afford the median home price of $349,286 with a 20% down payment ($69,857) at today's rates (6.8%), you'd need a gross annual income of approximately $92,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Centre Hall compare to the national average home price?
The national median home value is approximately $410,000. At $349,286, homes in Centre Hall are 15% below the national average.
What metro area is Centre Hall part of?
Centre Hall is part of the State College, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.