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State College, PA Real Estate

State College is a city in Centre County, Pennsylvania with a population of about 40,669. The median home value is near $414,400, and median rent runs around $1,229/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$414,400
Median Rent
$1,229/mo
Population
40,669
Median Income
$47,132
Median Age
21.4
Homeownership
27%

Monthly payment on a median State College home

Example for a $414,400 home: 20% down, 30-yr at ~6.75%, PA property tax ~1.49%, 0.4% insurance.

Est. monthly (PITI)
$2,803
Principal & interest
$2,150
Property tax / mo
$515
Down payment (20%)
$82,880

State College at a glance

  • 27.4% of residents 25+ hold a bachelor's degree or higher.
  • 27% of occupied homes are owner-occupied.
  • Median household income is $47,132.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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