State College, PA Metro Area - Investment Guide

Metro Area • 26 Cities • 27 ZIP Codes

Avg Home Value $290,967
Avg Monthly Rent $1,270
Avg Cap Rate 3.62%
Avg Investability 3.0 ★
Cities 26
ZIP Codes 27

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🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
State College, PA Metro Area
Even conditions for buyers and sellers
34 days
Average time to sell
Average
9.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions data as of August 29, 2026 — updated weekly

Best ZIP codes in State College, PA

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in State College, PA

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
16820 Aaronsburg PA $255,918 $1,161 3.54% 3.0 ★
16859 Moshannon PA $202,626 $1,161 4.47% 3.0 ★
16828 Centre Hall PA $343,603 $1,161 2.64% 3.0 ★
16870 Port Matilda PA $440,401 $1,161 2.06% 3.0 ★
16845 Karthaus PA $133,360 $1,161 6.79% 3.0 ★
16882 Woodward PA $282,506 $1,161 3.21% 3.0 ★
16851 Lemont PA $375,187 $1,332 2.77% 3.0 ★
16823 Bellefonte PA $297,626 $1,239 3.25% 3.0 ★
16865 Pennsylvania Furnace PA $340,307 $1,503 3.44% 3.0 ★
16829 Clarence PA $206,901 $1,161 4.38% 3.0 ★
16872 Rebersburg PA $277,772 $1,161 3.26% 3.0 ★
16832 Coburn PA $249,937 $1,161 3.62% 3.0 ★
16874 Snow Shoe PA $213,366 $1,161 4.24% 3.0 ★
16677 Sandy Ridge PA $169,019 $1,161 5.36% 3.0 ★
16852 Madisonburg PA $256,989 $1,161 3.52% 3.0 ★
16826 Blanchard PA $197,336 $1,161 4.59% 3.0 ★
16866 Philipsburg PA $156,082 $900 4.50% 3.0 ★
16827 Boalsburg PA $417,382 $1,332 2.49% 3.0 ★
16868 Pine Grove Mills PA $303,809 $1,386 3.56% 3.0 ★
16841 Howard PA $284,166 $1,161 3.19% 3.0 ★
16875 Spring Mills PA $359,339 $1,161 2.52% 3.0 ★
16801 State College PA $418,463 $1,909 3.56% 3.0 ★
16853 Milesburg PA $218,236 $1,161 4.15% 3.0 ★
16803 State College PA $425,962 $1,904 3.49% 3.0 ★
16854 Millheim PA $236,216 $1,161 3.83% 3.0 ★
16828 Centre Hall PA $328,402 $1,161 2.76% 3.0 ★
16870 Port Matilda PA $422,451 $1,161 2.14% 3.0 ★
16844 Julian PA $297,308 $1,161 3.05% 3.0 ★
16877 Warriors Mark PA $319,168 $1,161 2.84% 3.0 ★
16845 Karthaus PA $130,994 $1,161 6.91% 3.0 ★
16882 Woodward PA $299,371 $1,161 3.02% 3.0 ★
16820 Aaronsburg PA $271,144 $1,161 3.34% 3.0 ★
16859 Moshannon PA $213,911 $1,161 4.23% 3.0 ★
16829 Clarence PA $190,752 $1,161 4.75% 3.0 ★
16872 Rebersburg PA $266,503 $1,161 3.40% 3.0 ★
16677 Sandy Ridge PA $157,980 $1,161 5.73% 3.0 ★
16851 Lemont PA $388,336 $1,332 2.68% 3.0 ★
16823 Bellefonte PA $314,029 $1,285 3.19% 3.0 ★
16865 Pennsylvania Furnace PA $351,295 $1,503 3.34% 3.0 ★
16832 Coburn PA $235,543 $1,161 3.84% 3.0 ★
16874 Snow Shoe PA $198,891 $1,161 4.55% 3.0 ★
16841 Howard PA $264,663 $1,161 3.42% 3.0 ★
16875 Spring Mills PA $343,537 $1,161 2.64% 3.0 ★
16801 State College PA $400,540 $2,105 4.10% 3.0 ★
16852 Madisonburg PA $261,495 $1,161 3.46% 3.0 ★
16826 Blanchard PA $216,174 $1,161 4.19% 3.0 ★
16866 Philipsburg PA $167,540 $900 4.19% 3.0 ★
16827 Boalsburg PA $437,646 $1,948 3.47% 3.0 ★
16868 Pine Grove Mills PA $310,507 $1,386 3.48% 3.0 ★
16844 Julian PA $282,047 $1,161 3.21% 3.0 ★
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About State College, PA Real Estate Market

The State College, PA metropolitan statistical area (MSA) encompasses 26 cities and 27 ZIP codes. The average home value across the metro is $290,967, with an average monthly rent of $1,270. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.