State College, PA 16802 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

State College, PA—16802

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

N/A

Household Income

N/A

Days on Market

N/A

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Other Zip Codes in State College, PA

16803 16801

Home Price Trends — State College, PA

State College, PA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — State College, PA

State College, PA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

87.9%

2 Bedrooms

12.1%

Property Listings — State College, PA

State College, PA lacks sufficient listing trend data for analysis.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	N/A	N/A
Listing Count	N/A	N/A
Listings as % of Homes	N/A	N/A
Days on Market	N/A	N/A

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Demographics — State College, PA

As of the latest ACS Survey released in 2023, State College, PA has a population of 13,500, which has increased by 16.3% over the past 5 years. State College, PA is a less popular place for families, as children make up 1.2% of the population. The area has a highly educated workforce, with 65.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	13,500	16.3%
% Under 18	1.2%	200.0%
% Seniors	0.0%	N/A
% WFH	8.6%	65.4%
% w/ College Degree	65.9%	10.6%

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As of the latest ACS Survey released in 2023, State College, PA is a predominantly white area, with 70.7% of the population identifying as white. The white population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in State College, PA is asian, making up 12.4% of the population. Foreign-born residents account for 10.8% of the population in State College, PA, and this percentage has increased by 10.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	70.7%	-8.7%
% Black	5.1%	-12.1%
% Hispanic	7.3%	52.1%
% Asian	12.4%	18.1%
% Foreign Born	10.8%	10.2%

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Mortgage and Risk — State College, PA

State College, PA lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — State College, PA

State College, PA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,360
2 Bedroom	N/A	N/A	$1,580
3 Bedroom	N/A	N/A	$1,930
4 Bedroom	N/A	N/A	$2,100

State College, PA—16802

Key Metrics at a Glance

Other Zip Codes in State College, PA

Home Price Trends — State College, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — State College, PA

% of Rental Stock

Property Listings — State College, PA

Demographics — State College, PA

Race and Ethnicity

Mortgage and Risk — State College, PA

Mortgages

Rentals and Section 8 — State College, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — State College, PA

Home Price to Income Ratio

State College, PA — ZIP Code Boundary Map

Nearby ZIP Codes

State College, PA

State College, PA

Lemont

Pine Grove Mills

Boalsburg, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	N/A

State College, PA—16802

Key Metrics at a Glance

Other Zip Codes in State College, PA

Home Price Trends — State College, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — State College, PA

% of Rental Stock

Property Listings — State College, PA

Demographics — State College, PA

Race and Ethnicity

Mortgage and Risk — State College, PA

Mortgages

Rentals and Section 8 — State College, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — State College, PA

Home Price to Income Ratio

State College, PA — ZIP Code Boundary Map

Nearby ZIP Codes

State College, PA

State College, PA

Lemont

Pine Grove Mills

Boalsburg, PA

Frequently Asked Questions

What is the average home price in State College, PA 16802?

How have home prices in State College, PA 16802 changed over the past year?

What is the home price projection for State College, PA 16802?

What are the demographics of State College, PA 16802?

How long does it take homes to sell in State College, PA 16802?

What is the average rent price in State College, PA 16802?