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State College, PA
Full City Profile · Pennsylvania · Centre County County
2.9
/5.0
C+
Fair
40,669
Population
8,880/sq mi density
$47,132
Median Income
$24,675 per capita
$414,400
Home Value
$401,832 Zillow
$1,229
Median Rent
43.6% income on rent
50°F
Avg Temperature
275 sunny days/yr
92
Violent Crime/100K
935 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$47,132 median income, 2.0% unemployment
D
Affordability
1.7 / 5.0
$414,400 home value, $1,229/mo rent
F
Safety
1.0 / 5.0
92 violent crimes/100K
A+
Education
5.0 / 5.0
70.7% bachelor's degree or higher
Housing Overview
Median Home Value
$414,400
47% above
US avg: $281,900
Median Rent
$1,229/mo
6% above
US avg: $1,163/mo
Homeownership Rate
27.0%
59% below US avg (65.4%)
Total Housing Units
13,058
Median year built: 1973
Home Value by Source
Census Median
$414,400
Zillow (ZHVI)
$401,832
Median Sale Price
$450,000
Median List Price
$485,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
27.0%
Owner-Occupied
73.0%
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:
$1,229/mo
· Zillow rent:
$1,673/mo
Market Indicators (Redfin)
Median Days on Market
5 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
8.8%
of listings with price reduction
Price Per Sq Ft
$218
Active Inventory
34
homes for sale
Affordability & Housing Stock
Rent Burden
43.6%
of renters spending 30%+ of income on housing
41% above US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
27.0%
Complete Housing Data
Home Values
| Census Median Value | $414,400 |
| Zillow Home Value (ZHVI) | $401,832 |
| Median Sale Price | $450,000 |
| Median List Price | $485,000 |
| Price Per Sq Ft | $218 |
Rent
| Census Median Rent | $1,229 |
| Zillow Rent (ZORI) | $1,673 |
| 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 | 5 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 8.8% |
| Homes Sold | 9 |
| Active Inventory | 34 |
| Price Per Sq Ft | $218 |
Ownership & Stock
| Owner-Occupied | 27.0% |
| Renter-Occupied | 73.0% |
| Homeownership Rate | 27.0% |
| Total Housing Units | 13,058 |
| Median Year Built | 1973 |
| Rent Burden | 43.6% |