Fastest-Appreciating ZIP Codes in State College, PA (2026)

Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.

# ZIP City Home value Rent Cap rate 5-yr growth
1 16868 Pine Grove Mills, PA $319,603 $1,386 3.38% 5.7%
2 16851 Lemont, PA $388,336 $1,332 2.68% 5.5%
3 16853 Milesburg, PA $223,244 $1,161 4.06% 5.5%
4 16823 Bellefonte, PA $315,541 $1,513 3.74% 5.0%
5 16854 Millheim, PA $239,855 $1,161 3.78% 5.0%
6 16875 Spring Mills, PA $360,379 $1,161 2.51% 4.6%
7 16870 Port Matilda, PA $446,063 $1,161 2.03% 4.6%
8 16865 Pennsylvania Furnace, PA $357,800 $1,503 3.28% 4.5%
9 16827 Boalsburg, PA $438,121 $1,948 3.47% 4.5%
10 16828 Centre Hall, PA $343,603 $1,161 2.64% 4.5%
11 16874 Snow Shoe, PA $211,150 $1,161 4.29% 4.5%
12 16852 Madisonburg, PA $261,495 $1,161 3.46% 4.4%
13 16859 Moshannon, PA $221,239 $1,161 4.09% 4.3%
14 16801 State College, PA $420,679 $1,838 3.41% 4.2%
15 16677 Sandy Ridge, PA $167,857 $1,161 5.39% 4.2%
16 16803 State College, PA $426,025 $1,816 3.32% 4.1%
17 16820 Aaronsburg, PA $269,707 $1,161 3.36% 4.1%
18 16844 Julian, PA $297,308 $1,161 3.05% 3.8%
19 16872 Rebersburg, PA $277,527 $1,161 3.26% 3.8%
20 16832 Coburn, PA $249,937 $1,161 3.62% 3.8%
21 16882 Woodward, PA $295,215 $1,161 3.07% 3.5%
22 16841 Howard, PA $284,166 $1,161 3.19% 3.1%
23 16829 Clarence, PA $206,901 $1,161 4.38% 2.9%
24 16866 Philipsburg, PA $167,324 $900 4.20% 2.6%
25 16826 Blanchard, PA $213,205 $1,161 4.25% 2.5%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →