Centre County, PA real estate

What the numbers say

Centre County, PA real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Centre County listed for $399,900, down 2.8% from a year earlier. That is 29% above the Pennsylvania median of $309,000.

Homes spent a median of 50 days on the market, faster than 58 days a year ago. That makes Centre County the #21 fastest-selling of 44 Pennsylvania counties we track.

Homeowners in Centre County pay a median of $3,386 a year in property taxes on a median home value of $323,500, an effective rate of about 1.05%. The Pennsylvania average is 1.30%, which makes Centre County the #13 lowest-tax of 67 counties in the state with published tax data.

Renters pay a median of $1,207 a month, and $1,237 for a two-bedroom. At today's prices a typical home costs about 28 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $400,000 home here comes to about $2,696 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $116,000 a year (the median household here earns $74,291).