Market Intelligence Report — PA-300

State College, PA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-PA-08
As of the latest 2026 data
Very Competitive

Median Listing

$415K
+1.2% YoY

Pending Ratio

0.85
+10.4% YoY

Active Inventory

232
-2.9% YoY

Median DOM

51 Days
-3.8% YoY

Primary Intelligence Tool — Sold Score™

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The State College, PA housing market exhibits very competitive conditions, driven by a pending ratio of 0.85, indicating strong demand absorption relative to available inventory. This metric has also increased by 10.4% year-over-year, reinforcing the rapid pace of transactions.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.0%-1.0 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

157,393-0.7% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the State College market right now.

Inventory levels remain constrained, with active listings contracting by 2.9% over the past year. While new listings saw an 11.1% increase year-over-year, demand continues to outpace new supply. The median listing price has shown modest appreciation of 1.2% year-over-year, despite a slight month-over-month decline of 0.6%. Concurrently, median days on market decreased by 3.8% compared to the prior year, reflecting a quicker sales pace.

Historical Analysis

Market Trends

Median Price

$415K-0.6% MoM

Active Inventory

232-2.9% YoY

Days on Market

51-3.8% YoY

Sold Score™

82+10.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

82
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio of 0.85 suggests significant pressure on available inventory, leading to a rapid market pace. This environment typically necessitates prompt decision-making from prospective purchasers, as high demand absorption limits selection and negotiation flexibility. Price discipline may be firm given the strong competition for listings.

Luxury Segment

The average listing price in the market decreased by 0.3% year-over-year, while the median listing price increased by 1.2% over the same period. This divergence, coupled with a median $/sqft increase of 4.4% year-over-year, suggests some softness in the higher-priced segments of the market despite overall positive pricing trends.

Supply Dynamics

232 active listings represent the current floor, with new supply arriving at roughly 120 per month.

Pricing Pressure
16.7%

of active listings carry a price reduction, +0.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +4.4% year-over-year.

Absorption
0.85

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in State College, PA? Buyer Demand Index is running at 85%.

Demand in State College, PA is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
85%
Median Days on Market
51 days
Inventory YoY
−3%

Demand is strong in State College, PA. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
State College, PA
CBSA Code
44300
State
PA

ZIPs in State College, PA

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