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Park Forest Village, PA
Full City Profile · Pennsylvania · Centre County County
3.6
/5.0
B+
Good
8,810
Population
3,538/sq mi density
$79,363
Median Income
$47,823 per capita
$383,100
Home Value
$401,832 Zillow
$1,317
Median Rent
47.7% income on rent
50°F
Avg Temperature
275 sunny days/yr
46
Violent Crime/100K
1,118 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$79,363 median income, 2.5% unemployment
B+
Affordability
4.0 / 5.0
$383,100 home value, $1,317/mo rent
F
Safety
1.0 / 5.0
46 violent crimes/100K
A+
Education
5.0 / 5.0
75.6% bachelor's degree or higher
Housing Overview
Median Home Value
$383,100
36% above
US avg: $281,900
Median Rent
$1,317/mo
13% above
US avg: $1,163/mo
Homeownership Rate
56.6%
13% below US avg (65.4%)
Total Housing Units
4,287
Median year built: 1981
Home Value by Source
Census Median
$383,100
Zillow (ZHVI)
$401,832
Median Sale Price
$365,500
Median List Price
$437,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
56.6%
Owner-Occupied
43.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent:
$1,317/mo
Market Indicators (Redfin)
Median Days on Market
11 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$195
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
47.7%
of renters spending 30%+ of income on housing
54% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
56.6%
Complete Housing Data
Home Values
| Census Median Value | $383,100 |
| Zillow Home Value (ZHVI) | $401,832 |
| Median Sale Price | $365,500 |
| Median List Price | $437,450 |
| Price Per Sq Ft | $195 |
Rent
| Census Median Rent | $1,317 |
| FMR Studio | $900 |
| FMR 1-Bedroom | $996 |
| FMR 2-Bedroom | $1,225 |
| FMR 3-Bedroom | $1,570 |
| FMR 4-Bedroom | $1,744 |
Market
| Days on Market | 11 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 4 |
| Active Inventory | 2 |
| Price Per Sq Ft | $195 |
Ownership & Stock
| Owner-Occupied | 56.6% |
| Renter-Occupied | 43.4% |
| Homeownership Rate | 56.6% |
| Total Housing Units | 4,287 |
| Median Year Built | 1981 |
| Rent Burden | 47.7% |