The median home value in State College, PA is $385,000.
the county median home value of $279,000.
The national median home value is $308,980.
The average price of homes sold in State College, PA is $385,000.
Approximately 11.5% of State College homes are owned,
compared to 83.5% rented, while
5% are vacant.
State College real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact State College real estate agent to arrange a tour today!
Learn more about State College.
Attention Investors! Looking to add to your portfolio? Check out Pheasant Run Townhomes, consisting of 18 fully rented units on 1.90 acres within the State College Borough backing to Orchard Park. Well-maintained units with a strong rental history. Built in 1984 & owned by current owners since 1996, there are Six 3 bedroom units & Twelve 2 bedroom units. Each unit boasts heat pumps & central air. Large off street paved/lighted parking area. Beautiful lush mature landscaping offering a private setting within the Borough. On the CATA Bus Route, close to downtown State College, schools, shopping, plenty of restaurants, YMCA & less than 3 miles to Penn State University. Professionally managed by Continental Real Estate allowing less headaches & worry for an investor. All roofs were replaced in 2010. THERE IS AN ASSUMABLE LOAN for qualified buyers.
Immediately Available 782 SF Commercial Space on E Beaver Ave Currently Rent is $1272.34 per month and includes utilities. One free parking space plus Street Parking. Currently the Lions Mart. Primarily a Vape Shop and Convenience Store. Business Only for Sale Does Not Include Real Estate.
Well established downtown State College restaurant (turnkey) on busy S Allen St. Current menu is Asian/American. Good visibility with street parking.
The Gateway to downtown State College on one of the prime corners in town and only one block from the Pennsylvania State University (Penn State), home to 46,000 undergraduate students. Downtown State College is a thriving, vibrant blend of "town & gown", a destination spot for many. This is a rare opportunity to create a lasting legacy, at the prime gateway to downtown State College, a place known by many as Happy Valley.
Two buildings for sale - 434 & 440 W College Ave. in Urban Village zoning district, only one block to Penn State campus. 434 - 3 story brick rooming house w/ 8 bedrooms, 3 bath, leased to 9 till Aug 2023 for $7,000/mo, $7,290 for 2023/24, permitted for 12 occupants, potential increase in revenue possible. Plus 7 parking space for $5,075/yr. #440 - a 3 unit building, modified / built in 2009, 1st floor has two units, 440A - 827 sq.ft. of commercial space, market rent $1,600/mo NNN (vacant) and #440-1 has 4 BR 1.5 Bath permitted for 5, currently rented for $3,150/mo. $3,320 for 2023/24, 2nd floor #440-2 is a 7 BR 3 Bath apartment permitted for 9, rented for $6,750/mo. $7,425 for 2023/24, 12 parking space, 10 rented for $2,550/mo. Detail info with APOD in documents.
A unique property with 10,000 sf of manufacturing built in 2008 along with 17,000 sf of office in a 2-story building constructed in 1993. The 2 buildings are wisely linked together with a high-end wing full of employee amenities such as a cafeteria with a full-sized, commercial kitchen for tantalizing staff meals; a very large dining room/large meeting room with copious amounts of light perfect for break-time or all-staff meetings; a spacious outdoor dining area to soak up the sun between projects; a workout area to assist in living a healthy lifestyle, 2 restrooms with shower facilities, a movie theater to preview product marketing videos, and a game room just for fun. The 10,000 sf manufacturing building has 3-phase electric, 200 V, 120 amp service to the facility, natural gas, and fiber optics. There is a 200-amp, Generac generator; a dry, fire-suspension system, and a hood system. The ceilings are 15' to the deck and 11'6" under the HVAC ducts for oversized equipment. There are 2 standard, double garage doors and a single, commercial garage door for all your loading needs. The office space is 2 floors with a good mix of large open areas, conference rooms, and individual offices. A newly remodeled, large workroom surrounded by windows is a coveted place to work. Total listed square footage is approximate and should be verified by Buyers and/or their agent.
Yearning for space? Look no further! This commercial property consist of 2 units and completes the entire main floor of the building. The right unit is currently rented through 2025 by Urish Popeck. This unit consists of 8 enclosed offices, a large conference room, copy area and is equipped with a his and hers bathrooms as well as a utility room with a full shower. The unit on the left is vacant and can be slightly altered upon request. This unit offers 5 enclosed offices, a large common space equipped with several cubicles, kitchenette with attached break room, his and hers bathroom and a utility room with full shower. Minutes from N Atherton and major shopping making this an ideally located office space!