49Alpha

State College, PA metro area Housing Market Brief

metro · as of May 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%
+6.368
Inventory Health25%
+7.860
Affordability20%
18
Economic Strength20%
No data
50
Rental Yield15%
44

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

EmergingGrowingMaturePeakingDecliningRecovering

State College, PA metro area is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

State College, PA metro area housing market data

MetricValueYoY
Median Sale Price$400K▲ +7.4%
Median Days on Market8 days-20%
Months of Supply1.5-6.2%
Homes for Sale221-11.9%
Homes Sold152-2.6%
Median Price / Sq Ft$205▲ +5%
Sale-to-List Ratio100.0%▲ +0.4%

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

Now: 49
4-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?

As of May 2026, State College, PA metro area is classified as a Balanced Market, based on its Alpha Score of 49 out of 100. The classification reflects current price, inventory, 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 $400K, having risen 7.4% over the past year.

How affordable is State College, PA metro area?

State College, PA metro area scores 18 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 (68/100) and its weakest is Affordability (18/100). 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.