State College, PA home prices
Typical home $351,715 · +2.4% in a year · income needed $101,800
The State College, PA metro area ranks 219 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.4% in a year and +20.9% over five years. With 20% down at 7.11%, the typical home costs about $2,375 a month including 1.05% property tax (Centre County rate).
Mortgage on the typical State College home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $70,343 | $281,372 | $1,893 | $0 | $483 | $2,375 | $101,800 |
| 10% down | $35,171 | $316,543 | $2,129 | $132 | $483 | $2,744 | $117,600 |
| 5% down | $17,586 | $334,129 | $2,248 | $139 | $483 | $2,870 | $123,000 |
| 3.5% down (FHA) | $12,310 | $345,344 | $2,323 | $156 | $483 | $2,961 | $126,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.05% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the State College area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Centre County, PA | $351,727 | +2.4% | 1.05% |
What can you afford in Pennsylvania on your salary? · Pennsylvania home prices · Salaries in Pennsylvania
Frequently asked questions
How much is a house in State College?
The typical home in the State College, PA metro area is worth $351,715 (Zillow, September 2026).
What salary do you need to buy a house in State College?
About $101,800 a year for the typical home with 20% down at 7.11%.