Market Overview
Home Prices in State College, PA
The median home value in State College, PA is $420,353 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in State College are priced3% above average. State College is part of the State College, PA metro area.
Over the past five years, State College home values have risen by approximately19.7%, reflecting steady appreciation in this market.
Price History
State College Home Price Trend
City Comparison
State College vs. National Median
At $420,353, homes in State College cost 3% above the national median of $410,000. Buyers in State College should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in State College?
20% Down Payment
$84,071
on $420,353
Monthly P&I
$2,192/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,784/mo
incl. taxes & insurance
Income Needed
$111,360
gross annual (30% rule)
10% Down Option
$42,035
+ PMI applies
Loan Amount (20% dn)
$336,282
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 State College, PA?
The median home value in State College is $420,353 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in State College?
Over the past year, home values in State College have increased by 1.6%. Over five years, prices have risen approximately 19.7%.
How much do I need to earn to buy a home in State College?
To comfortably afford the median home price of $420,353 with a 20% down payment ($84,071) at today's rates (6.8%), you'd need a gross annual income of approximately $111,360. This assumes keeping total housing costs at or below 30% of gross income.
How does State College compare to the national average home price?
The national median home value is approximately $410,000. At $420,353, homes in State College are 3% above the national average.
What metro area is State College part of?
State College is part of the State College, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.