Why Live in State College
If any place is the epitome of a college town, it’s probably State College, Pennsylvania. Home to the Pennsylvania State University’s main campus, the borough’s year-round population of 40,000 more than doubles when school starts each fall. “A lot of the people here live and die by Penn State,” says Benjamin Reeves, a borough resident and Realtor with Keller Williams Realty. “You don’t even have to be affiliated with the University; it’s a centerpiece of the community.” Although residents of this small town might bleed blue and white, there’s also more to State College than its name might suggest. Brad Groznik, a Penn State graduate who moved back to the borough to start a family, helped launch the Rediscover State College campaign to show people that there’s more to the town than Penn State and football. “It has that metropolitan feel downtown with all the bars and restaurants, but you’re also 10 minutes from being in the middle of the woods,” he says. “There are a lot of benefits to living in a town where 45,000 people go to school. We have an airport, all the shopping you need, and some major touring artists come through here.”
Penn State University is Centre County’s top
Home Trends in State College, PA
On average, homes in State College, PA sell after 42 days on the market compared to the national average of 70 days. The median sale price for homes in State College, PA over the last 12 months is $415,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$415,000
Median Single Family Sale Price
$640,000
Median Townhouse Sale Price
$379,000
Median 2 Bedroom Sale Price
$415,000
Median 1 Bedroom Sale Price
$191,875
Average Price Per Sq Ft
$256
Number of Homes for Sale
12
Last 12 months Home Sales
195
Median List Price
$415,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%