Market Overview
Home Prices in Philipsburg, PA
The median home value in Philipsburg, PA is $171,860 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Philipsburg are priced58% below average. Philipsburg is part of the State College, PA metro area.
Over the past five years, Philipsburg home values have risen by approximately8.0%, reflecting steady appreciation in this market.
Price History
Philipsburg Home Price Trend
City Comparison
Philipsburg vs. National Median
At $171,860, homes in Philipsburg cost 58% below the national median of $410,000. This makes Philipsburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Philipsburg?
20% Down Payment
$34,372
on $171,860
Monthly P&I
$896/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,138/mo
incl. taxes & insurance
Income Needed
$45,520
gross annual (30% rule)
10% Down Option
$17,186
+ PMI applies
Loan Amount (20% dn)
$137,488
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 Philipsburg, PA?
The median home value in Philipsburg is $171,860 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in Philipsburg?
Over the past year, home values in Philipsburg have increased by 1.4%. Over five years, prices have risen approximately 8.0%.
How much do I need to earn to buy a home in Philipsburg?
To comfortably afford the median home price of $171,860 with a 20% down payment ($34,372) at today's rates (6.8%), you'd need a gross annual income of approximately $45,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Philipsburg compare to the national average home price?
The national median home value is approximately $410,000. At $171,860, homes in Philipsburg are 58% below the national average.
What metro area is Philipsburg part of?
Philipsburg is part of the State College, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.