54Alpha

State College, PA metro area Housing Market Brief

metro · PA · score computed October 2026

Balanced

What is State College, PA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●97
Inventory Health25%
●49

Population band 4 of 5 (population 112,714–277,881) · comparable within its band

Affordability20%
●21
Economic Strength20%
+7.075
Rental Yield15%
●23

Where is State College, PA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

State College, PA metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for State College, PA metro area?

Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

State College, PA metro area housing market data

MetricValueYoYSource
Median Sale Price$377K▲ +1.4%Redfin
Median Days on Market50 days▼ -13.8%Realtor.com via FRED
Months of Supply2.5▲ +4.2%Redfin
Homes for Sale301▲ +12.7%Redfin
Homes Sold121▲ +9%Redfin
Median Price / Sq Ft$204▲ +2.9%Redfin

How has State College, PA metro area’s Alpha Score moved?

Now: 54
2-period trend
Median sale price · 12 mo

Markets like State College, PA metro area

Frequently asked questions

Is State College, PA metro area a buyer's or seller's market?

In the scores computed October 2026, State College, PA metro area is classified as a Balanced Market, based on its Alpha Score of 54 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in State College, PA metro area?

The median sale price in State College, PA metro area is $377K, having risen 1.4% over the past year, according to Redfin.

How affordable is State College, PA metro area?

State College, PA metro area scores 21 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving State College, PA metro area's Alpha Score?

State College, PA metro area's strongest dimension is Price Momentum (97/100) and its weakest is Affordability (21/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of State College, PA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.