Cities with the fastest-growing home prices in the State College metro area

Written by:
November 22, 2024
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Cities with the fastest-growing home prices in the State College metro area

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $358,761 in November, 2.3% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the most expensive homes in the State College, PA metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

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Stacker

#16. Osceola Mills, PA

- 1-year price change: -$3,014 (-2.7%)
- 5-year price change: +$210,933 (data not available)
- Typical home value: $109,202 (#16 most expensive city in metro)

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Stacker

#15. Blanchard, PA

- 1-year price change: +$383 (+0.2%)
- 5-year price change: +$28,868 (+17.2%)
- Typical home value: $196,913 (#12 most expensive city in metro)

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Stacker

#14. Clarence, PA

- 1-year price change: +$1,021 (+0.5%)
- 5-year price change: +$43,183 (+27.9%)
- Typical home value: $197,730 (#11 most expensive city in metro)

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Stacker

#13. Rebersburg, PA

- 1-year price change: +$3,102 (+1.2%)
- 5-year price change: +$62,547 (+32.7%)
- Typical home value: $253,677 (#7 most expensive city in metro)

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Stacker

#12. Milesburg, PA

- 1-year price change: +$3,772 (+2.0%)
- 5-year price change: +$55,518 (+39.6%)
- Typical home value: $195,760 (#13 most expensive city in metro)

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Stacker

#11. Philipsburg, PA

- 1-year price change: +$4,503 (+3.2%)
- 5-year price change: +$25,480 (+21.0%)
- Typical home value: $147,059 (#14 most expensive city in metro)

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Stacker

#10. Sandy Ridge, PA

- 1-year price change: +$5,663 (+4.2%)
- 5-year price change: +$38,135 (+37.4%)
- Typical home value: $140,237 (#15 most expensive city in metro)

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Stacker

#9. Aaronsburg, PA

- 1-year price change: +$6,816 (+2.8%)
- 5-year price change: +$58,452 (+31.0%)
- Typical home value: $247,193 (#9 most expensive city in metro)

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Stacker

#8. State College, PA

- 1-year price change: +$7,934 (+2.1%)
- 5-year price change: +$85,655 (+28.5%)
- Typical home value: $386,398 (#3 most expensive city in metro)

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Stacker

#7. Millheim, PA

- 1-year price change: +$8,234 (+3.9%)
- 5-year price change: +$58,162 (+36.6%)
- Typical home value: $217,214 (#10 most expensive city in metro)

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Stacker

#6. Pleasant Gap, PA

- 1-year price change: +$8,517 (+3.5%)
- 5-year price change: +$59,064 (+30.4%)
- Typical home value: $253,556 (#8 most expensive city in metro)

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#5. Centre Hall, PA

- 1-year price change: +$9,221 (+2.9%)
- 5-year price change: +$75,675 (+30.5%)
- Typical home value: $323,962 (#4 most expensive city in metro)

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#4. Bellefonte, PA

- 1-year price change: +$9,379 (+3.4%)
- 5-year price change: +$68,329 (+31.2%)
- Typical home value: $287,361 (#6 most expensive city in metro)

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#3. Boalsburg, PA

- 1-year price change: +$10,608 (+2.8%)
- 5-year price change: +$92,723 (+30.8%)
- Typical home value: $393,653 (#2 most expensive city in metro)

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#2. Spring Mills, PA

- 1-year price change: +$10,644 (+3.4%)
- 5-year price change: +$73,627 (+29.5%)
- Typical home value: $323,256 (#5 most expensive city in metro)

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Stacker

#1. Port Matilda, PA

- 1-year price change: +$13,115 (+3.3%)
- 5-year price change: +$107,165 (+35.7%)
- Typical home value: $407,365 (#1 most expensive city in metro)

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