STATE COLLEGE Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in State College averaged
6.55%
for the week of 2024-11-14, compared to the national average of
6.78% for the same period.
The average rate for the prior week (2024-11-07) was
6.36% and
one month ago for the week of 2024-10-10, the
average rate was 6.29%.
State College's average rate one year ago was 7.17%.
For refis of the same type during the week of 2024-11-14, the average rate
was 7.08%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-14 | 6.78% |
| State College 30 Year Fixed Rate | 2024-11-14 | 6.55% |
| State College 30 Year Fixed Rate Refi | 2024-11-14 | 7.08% |
| State College 15 Year Fixed Rate | 2024-11-14 | 6.09% |
| State College 15 Year Fixed Rate Refi | 2024-11-14 | 5.89% |
| State College 30 Year FHA | 2024-11-14 | 0.2% |
| State College 30 Year FHA Refi | 2024-11-14 | -0.2% |
| State College 30 Year USDA | 2024-11-14 | -0.1% |
| State College 30 Year USDA Refi | 2024-11-14 | 0.1% |
| State College 30 Year VA | 2024-11-14 | -0.2% |
| State College 30 Year VA Refi | 2024-11-14 | 0% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within STATE COLLEGE, PA.
STATE COLLEGE Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the STATE COLLEGE, PA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
STATE COLLEGE Average Closing Costs & Other Stats
STATE COLLEGE, PA's 109 lenders originated 2,286
loans during 2023. The total origination value was $512,070,000, with an average loan value of
$224,003.
STATE COLLEGE's average closing costs are $5,716.
The top STATE COLLEGE lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
105 loans originated. Their average total fees are
$6,954, which is $1,250
lower than the next largest lender,
Citizens Bank.
The lowest fee STATE COLLEGE lenders (with over 10 loans originated) are
PENNSYLVANIA STATE EMPLOYEES Credit Union ($2,866), Reliance Savings Bank ($3,874), AmeriServ Financial Bank ($4,002), CNB Bank ($4,670) and Kish Bank ($5,207).
The lowest rate STATE COLLEGE lenders (with over 10 loans originated) are
AmeriServ Financial Bank (5.75%), PENNSYLVANIA STATE EMPLOYEES Credit Union (6.19%), Kish Bank (6.21%), MICHIGAN MUTUAL, INC. (6.39%) and Northwest Bank (6.41%).
STATE COLLEGE, PA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| Kish Bank | $75,420,000 | $57,475,000 | -23.8% | 11.2% |
| Citizens Bank | $72,390,000 | $49,875,000 | -31.1% | 9.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $44,675,000 | $46,580,000 | 4.3% | 9.1% |
| Jersey Shore State Bank | $45,270,000 | $33,690,000 | -25.6% | 6.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $38,455,000 | $28,055,000 | -27.0% | 5.5% |
| AmeriServ Financial Bank | $11,285,000 | $23,620,000 | 109.3% | 4.6% |
| First National Bank of Pennsylvania | $42,555,000 | $22,810,000 | -46.4% | 4.5% |
| QUICKEN LOANS, LLC | $27,445,000 | $17,845,000 | -35.0% | 3.5% |
| Northwest Bank | $46,360,000 | $13,995,000 | -69.8% | 2.7% |
| Reliance Savings Bank | $19,675,000 | $12,570,000 | -36.1% | 2.5% |
| PENNSYLVANIA STATE EMPLOYEES Credit Union | $15,180,000 | $10,700,000 | -29.5% | 2.1% |
| CNB Bank | $21,835,000 | $10,160,000 | -53.5% | 2.0% |
| M&T Bank | $12,925,000 | $8,765,000 | -32.2% | 1.7% |
| GREYSTONE SERVICING COMPANY LLC | $8,650,000 | n/a | 1.7% | |
| UNION HOME MORTGAGE CORP. | $820,000 | $7,855,000 | 857.9% | 1.5% |
| Penn State Federal Credit Union | $13,355,000 | $7,490,000 | -43.9% | 1.5% |
| PNC Bank | $18,565,000 | $7,225,000 | -61.1% | 1.4% |
| NAVY FEDERAL CREDIT UNION | $4,680,000 | $5,060,000 | 8.1% | 1.0% |
| NEWREZ LLC | $1,165,000 | $4,865,000 | 317.6% | 1.0% |
| Mortgage Research Center, LLC | $8,885,000 | $3,975,000 | -55.3% | 0.8% |
| MICHIGAN MUTUAL, INC. | $1,535,000 | $3,775,000 | 145.9% | 0.7% |
| HOMESIDE FINANCIAL, LLC | $5,260,000 | $3,595,000 | -31.7% | 0.7% |
| Bank of America | $4,765,000 | $3,400,000 | -28.6% | 0.7% |
| First Citizens Community Bank | $1,230,000 | $3,170,000 | 157.7% | 0.6% |
| The Juniata Valley Bank | $3,410,000 | $3,155,000 | -7.5% | 0.6% |
| Wells Fargo Bank | $8,755,000 | $2,925,000 | -66.6% | 0.6% |
| First Commonwealth Bank | $10,175,000 | $2,630,000 | -74.2% | 0.5% |
| Flagstar Bank, FSB | $5,855,000 | $2,490,000 | -57.5% | 0.5% |
| Titan FCU | $2,445,000 | n/a | 0.5% | |
| Century Mortgage Company DBA Century Lending Company | $9,280,000 | $2,430,000 | -73.8% | 0.5% |
| CMG MORTGAGE, INC. | $805,000 | $2,025,000 | 151.6% | 0.4% |
| JPMorgan Chase Bank | $6,445,000 | $2,000,000 | -69.0% | 0.4% |
| The Ephrata National Bank | $1,065,000 | $1,870,000 | 75.6% | 0.4% |
| Citibank | $1,820,000 | n/a | 0.4% | |
| AMERISAVE MORTGAGE CORPORATION | $1,715,000 | $1,720,000 | 0.3% | 0.3% |
| PENNYMAC LOAN SERVICES, LLC | $4,895,000 | $1,655,000 | -66.2% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $4,225,000 | $1,650,000 | -60.9% | 0.3% |
| NORWICH COMMERCIAL GROUP, INC. | $1,995,000 | $1,605,000 | -19.5% | 0.3% |
| MidAtlantic Farm Credit, ACA | $2,020,000 | $1,575,000 | -22.0% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $770,000 | $1,545,000 | 100.6% | 0.3% |
| Mifflinburg Bank and Trust Company | $1,965,000 | $1,485,000 | -24.4% | 0.3% |
| BROKER SOLUTIONS, INC. | $2,220,000 | $1,410,000 | -36.5% | 0.3% |
| TOWNE MORTGAGE COMPANY | $235,000 | $1,360,000 | 478.7% | 0.3% |
| Fulton Bank | $6,660,000 | $1,245,000 | -81.3% | 0.2% |
| S&T Bank | $230,000 | $1,235,000 | 437.0% | 0.2% |
| IVY MORTGAGE, INC. | $215,000 | $1,165,000 | 441.9% | 0.2% |
| NEW DAY FINANCIAL, LLC | $940,000 | $1,120,000 | 19.1% | 0.2% |
| BETTER MORTGAGE CORPORATION | $1,505,000 | $1,100,000 | -26.9% | 0.2% |
| York Traditions Bank | $305,000 | $1,100,000 | 260.7% | 0.2% |
| Truist | $7,530,000 | $1,095,000 | -85.5% | 0.2% |
| Northpointe Bank | $615,000 | $1,085,000 | 76.4% | 0.2% |
| The Park National Bank | $1,035,000 | n/a | 0.2% | |
| Univest Bank and Trust Co. | $1,035,000 | n/a | 0.2% | |
| LOANDEPOT.COM, LLC | $6,640,000 | $1,005,000 | -84.9% | 0.2% |
| Morgan Stanley Private Bank | $1,540,000 | $1,005,000 | -34.7% | 0.2% |
| MEMBER FIRST MORTGAGE, LLC | $1,230,000 | $995,000 | -19.1% | 0.2% |
| GUILD MORTGAGE COMPANY | $1,305,000 | $985,000 | -24.5% | 0.2% |
| CORNING | $1,245,000 | $980,000 | -21.3% | 0.2% |
| Susquehanna Community Bank | $155,000 | $955,000 | 516.1% | 0.2% |
| The Huntington National Bank | $1,460,000 | $925,000 | -36.6% | 0.2% |
| EMM LOANS LLC | $235,000 | $890,000 | 278.7% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $865,000 | $845,000 | -2.3% | 0.2% |
| Ally Bank | $1,615,000 | $840,000 | -48.0% | 0.2% |
| The Muncy Bank and Trust Company | $2,435,000 | $820,000 | -66.3% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $760,000 | n/a | 0.1% | |
| DEEPHAVEN MORTGAGE LLC | $315,000 | $755,000 | 139.7% | 0.1% |
| Alcova Mortgage LLC | $725,000 | n/a | 0.1% | |
| SWBC MORTGAGE CORPORATION | $725,000 | n/a | 0.1% | |
| Citizens & Northern Bank | $545,000 | $715,000 | 31.2% | 0.1% |
| Carrington Mortgage Services, LLC | $860,000 | $700,000 | -18.6% | 0.1% |
| Ixonia Bank | $695,000 | n/a | 0.1% | |
| U.S. Bank | $1,195,000 | $685,000 | -42.7% | 0.1% |
| WesBanco | $680,000 | n/a | 0.1% | |
| The Loan Store, Inc. | $670,000 | n/a | 0.1% | |
| Armed Forces Bank | $630,000 | n/a | 0.1% | |
| HORIZON Federal Credit Union | $1,355,000 | $625,000 | -53.9% | 0.1% |
| Plains Commerce Bank | $620,000 | n/a | 0.1% | |
| Mid Penn Bank | $480,000 | $610,000 | 27.1% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $680,000 | $610,000 | -10.3% | 0.1% |
| FREEDOM MORTGAGE CORPORATION | $4,430,000 | $600,000 | -86.5% | 0.1% |
| MEMBERS 1ST FEDERAL CREDIT UNION | $1,720,000 | $595,000 | -65.4% | 0.1% |
| ON Q FINANCIAL, INC. | $585,000 | n/a | 0.1% | |
| Wayne Bank | $545,000 | n/a | 0.1% | |
| Princeton Mortgage Corporation | $440,000 | $540,000 | 22.7% | 0.1% |
| Quontic Bank | $285,000 | $540,000 | 89.5% | 0.1% |
| TD Bank | $1,055,000 | $520,000 | -50.7% | 0.1% |
| Parke Bank | $515,000 | n/a | 0.1% | |
| PEOPLESBANK, A CODORUS VALLEY COMPANY | $515,000 | n/a | 0.1% | |
| First Resource Bank | $510,000 | n/a | 0.1% | |
| Jim Thorpe Neighborhood Bank | $505,000 | n/a | 0.1% | |
| PennCrest Bank | $505,000 | n/a | 0.1% | |
| FIRST HOME MORTGAGE CORPORATION | $325,000 | $500,000 | 53.8% | 0.1% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $565,000 | $495,000 | -12.4% | 0.1% |
| INTERCOASTAL MORTGAGE COMPANY | $495,000 | n/a | 0.1% | |
| TOWER | $65,000 | $490,000 | 653.8% | 0.1% |
| TRUMARK FINANCIAL CREDIT UNION | $155,000 | $490,000 | 216.1% | 0.1% |
| MILEND, INC. | $335,000 | $480,000 | 43.3% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $505,000 | $480,000 | -5.0% | 0.1% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $475,000 | n/a | 0.1% | |
| NATIONS DIRECT MORTGAGE, LLC | $475,000 | n/a | 0.1% | |
| First-Citizens Bank & Trust Company | $465,000 | n/a | 0.1% | |
| UTILITIES EMPLOYEES CREDIT UNION | $585,000 | $465,000 | -20.5% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $755,000 | $445,000 | -41.1% | 0.1% |
| Discover Bank | $565,000 | $390,000 | -31.0% | 0.1% |
| EVERENCE FEDERAL CREDIT UNION | $15,000 | $390,000 | 2,500.0% | 0.1% |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $385,000 | n/a | 0.1% | |
| Meridian Bank Corporation | $175,000 | $385,000 | 120.0% | 0.1% |
| OceanFirst Bank | $385,000 | n/a | 0.1% | |
| USAA Federal Savings Bank | $2,580,000 | $385,000 | -85.1% | 0.1% |
| 1st Summit Bank | $155,000 | $375,000 | 141.9% | 0.1% |
| First Savings Bank | $595,000 | $375,000 | -37.0% | 0.1% |
| NJ LENDERS CORP. | $375,000 | n/a | 0.1% | |
| US MORTGAGE CORPORATION | $355,000 | n/a | 0.1% | |
| Ameris Bank | $155,000 | $335,000 | 116.1% | 0.1% |
| SUMMIT FUNDING, INC. | $325,000 | n/a | 0.1% | |
| Metro City Bank | $315,000 | $295,000 | -6.3% | 0.1% |
| George Mason Mortgage, LLC | $145,000 | $285,000 | 96.6% | 0.1% |
| First Columbia Bank & Trust Co. | $280,000 | n/a | 0.1% | |
| NexBank | $275,000 | n/a | 0.1% | |
| FIRST HERITAGE FINANCIAL, LLC | $270,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $265,000 | n/a | 0.1% | |
| GSF Mortgage Corporation | $265,000 | n/a | 0.1% | |
| ROYAL UNITED MORTGAGE LLC | $200,000 | $260,000 | 30.0% | 0.1% |
| Farmers and Merchants Trust Company of Chambersburg | $775,000 | $255,000 | -67.1% | 0.0% |
| First Commonwealth Federal Credit Union | $255,000 | n/a | 0.0% | |
| FNCB Bank | $265,000 | $245,000 | -7.5% | 0.0% |
| GUARANTEED RATE, INC. | $1,020,000 | $245,000 | -76.0% | 0.0% |
| Integrity Home Mortgage Corp | $255,000 | $245,000 | -3.9% | 0.0% |
| United Bank | $245,000 | n/a | 0.0% | |
| The Gratz Bank | $625,000 | $235,000 | -62.4% | 0.0% |
| TJC Mortgage, Inc. | $235,000 | n/a | 0.0% | |
| VILLAGE CAPITAL MORTGAGE | $505,000 | $235,000 | -53.5% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $235,000 | n/a | 0.0% | |
| LAKEVIEW LOAN SERVICING, LLC | $1,095,000 | $225,000 | -79.5% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $225,000 | n/a | 0.0% | |
| The Federal Savings Bank | $205,000 | $225,000 | 9.8% | 0.0% |
| Prosperity Home Mortgage, LLC | $790,000 | $215,000 | -72.8% | 0.0% |
| Third Federal Savings and Loan Association of Cleveland | $760,000 | $215,000 | -71.7% | 0.0% |
| Dollar Bank, Federal Savings Bank | $755,000 | $205,000 | -72.8% | 0.0% |
| NFM, INC. | $205,000 | n/a | 0.0% | |
| OCMBC, INC. | $205,000 | n/a | 0.0% | |
| USAlliance Federal Credit Union | $205,000 | n/a | 0.0% | |
| Woodlands Bank | $120,000 | $200,000 | 66.7% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $375,000 | $195,000 | -48.0% | 0.0% |
| Clearview Federal Credit Union | $185,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $185,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $185,000 | n/a | 0.0% | |
| POLICE & FIRE | $280,000 | $180,000 | -35.7% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $165,000 | $175,000 | 6.1% | 0.0% |
| LOANPAL, LLC | $500,000 | $165,000 | -67.0% | 0.0% |
| Summit Mortgage Corporation | $165,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $45,000 | $160,000 | 255.6% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $155,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $1,865,000 | $150,000 | -92.0% | 0.0% |
| STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED | $145,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $285,000 | $135,000 | -52.6% | 0.0% |
| Equity Prime Mortgage LLC | $865,000 | $135,000 | -84.4% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $280,000 | $130,000 | -53.6% | 0.0% |
| NASA Federal Credit Union | $125,000 | n/a | 0.0% | |
| Sun East Federal Credit Union | $125,000 | n/a | 0.0% | |
| EASTERN SAVINGS BANK | $115,000 | n/a | 0.0% | |
| Members Choice Financial Credit Union | $115,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $105,000 | n/a | 0.0% | |
| Orrstown Bank | $125,000 | $95,000 | -24.0% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $195,000 | $85,000 | -56.4% | 0.0% |
| PARAGON HOME LOANS INC. | $65,000 | n/a | 0.0% | |
| Figure Lending LLC | $35,000 | n/a | 0.0% |
STATE COLLEGE's top lender by overall market share is Kish Bank, with 11.2% market share. In second place, with 9.7%, is Citizens Bank, having originated $49,875,000 in loans. In third place, with 9.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $46,580,000 in loans. In fourth place, with 6.6%, is Jersey Shore State Bank, having originated $33,690,000 in loans. In fifth place, with 5.5%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $28,055,000 in loans.
STATE COLLEGE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - STATE COLLEGE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $245,950 (11.9%) | $326,723 (10.2%) | 0.91 | 212 |
| 2018-02-01 | $264,200 (8.7%) | $348,603 (12.3%) | 0.96 | 227 |
| 2018-03-01 | $297,000 (5.6%) | $363,380 (9.4%) | 1.04 | 254 |
| 2018-04-01 | $293,725 (4.9%) | $370,731 (12.3%) | 1.00 | 263 |
| 2018-05-01 | $286,175 (5.8%) | $362,863 (13.2%) | 0.96 | 294 |
| 2018-06-01 | $295,824 (10.3%) | $373,913 (16.2%) | 0.99 | 313 |
| 2018-07-01 | $284,950 (10.6%) | $365,469 (20.0%) | 0.95 | 305 |
| 2018-08-01 | $276,200 (9.5%) | $363,625 (19.1%) | 0.93 | 288 |
| 2018-09-01 | $269,900 (5.5%) | $348,033 (9.0%) | 0.91 | 302 |
| 2018-10-01 | $264,423 (3.8%) | $340,813 (6.7%) | 0.90 | 297 |
| 2018-11-01 | $249,950 (-0.5%) | $335,066 (2.3%) | 0.85 | 291 |
| 2018-12-01 | $239,307 (-0.1%) | $316,597 (-3.0%) | 0.83 | 251 |
| 2019-01-01 | $239,900 (-2.5%) | $308,634 (-5.5%) | 0.83 | 208 |
| 2019-02-01 | $272,050 (3.0%) | $321,722 (-7.7%) | 0.92 | 228 |
| 2019-03-01 | $305,900 (3.0%) | $355,037 (-2.3%) | 1.00 | 269 |
| 2019-04-01 | $328,625 (11.9%) | $382,936 (3.3%) | 1.04 | 300 |
| 2019-05-01 | $321,900 (12.5%) | $387,824 (6.9%) | 1.01 | 305 |
| 2019-06-01 | $318,000 (7.5%) | $375,898 (0.5%) | 0.99 | 339 |
| 2019-07-01 | $303,900 (6.7%) | $362,563 (-0.8%) | 0.95 | 352 |
| 2019-08-01 | $297,536 (7.7%) | $357,027 (-1.8%) | 0.94 | 347 |
| 2019-09-01 | $281,991 (4.5%) | $346,079 (-0.6%) | 0.90 | 335 |
| 2019-10-01 | $269,675 (2.0%) | $334,424 (-1.9%) | 0.87 | 327 |
| 2019-11-01 | $270,495 (8.2%) | $330,331 (-1.4%) | 0.89 | 293 |
| 2019-12-01 | $252,450 (5.5%) | $315,755 (-0.3%) | 0.84 | 247 |
| 2020-01-01 | $259,925 (8.4%) | $323,023 (4.7%) | 0.87 | 209 |
| 2020-02-01 | $281,450 (3.5%) | $352,741 (9.6%) | 0.92 | 213 |
| 2020-03-01 | $301,087 (-1.6%) | $370,826 (4.5%) | 0.94 | 255 |
| 2020-04-01 | $313,450 (-4.6%) | $375,417 (-2.0%) | 0.98 | 262 |
| 2020-05-01 | $305,000 (-5.3%) | $372,614 (-3.9%) | 0.93 | 295 |
| 2020-06-01 | $329,900 (3.7%) | $382,590 (1.8%) | 0.97 | 285 |
| 2020-07-01 | $328,850 (8.2%) | $380,299 (4.9%) | 0.95 | 276 |
| 2020-08-01 | $319,900 (7.5%) | $374,887 (5.0%) | 0.92 | 267 |
| 2020-09-01 | $307,475 (9.0%) | $371,215 (7.3%) | 0.88 | 253 |
| 2020-10-01 | $313,750 (16.3%) | $377,325 (12.8%) | 0.90 | 224 |
| 2020-11-01 | $325,000 (20.2%) | $387,602 (17.3%) | 0.95 | 182 |
| 2020-12-01 | $314,950 (24.8%) | $370,539 (17.4%) | 0.94 | 161 |
| 2021-01-01 | $299,500 (15.2%) | $363,498 (12.5%) | 0.89 | 146 |
| 2021-02-01 | $317,500 (12.8%) | $368,812 (4.6%) | 0.92 | 121 |
| 2021-03-01 | $322,500 (7.1%) | $388,086 (4.7%) | 0.92 | 110 |
| 2021-04-01 | $287,400 (-8.3%) | $381,183 (1.5%) | 0.78 | 118 |
| 2021-05-01 | $302,000 (-1.0%) | $380,810 (2.2%) | 0.80 | 137 |
| 2021-06-01 | $312,450 (-5.3%) | $387,465 (1.3%) | 0.82 | 147 |
| 2021-07-01 | $319,900 (-2.7%) | $389,878 (2.5%) | 0.84 | 160 |
| 2021-08-01 | $299,675 (-6.3%) | $378,124 (0.9%) | 0.80 | 167 |
| 2021-09-01 | $294,218 (-4.3%) | $386,670 (4.2%) | 0.78 | 160 |
| 2021-10-01 | $279,900 (-10.8%) | $374,701 (-0.7%) | 0.75 | 161 |
| 2021-11-01 | $289,000 (-11.1%) | $400,407 (3.3%) | 0.77 | 135 |
| 2021-12-01 | $299,950 (-4.8%) | $398,933 (7.7%) | 0.81 | 104 |
| 2022-01-01 | $291,990 (-2.5%) | $428,551 (17.9%) | 0.79 | 87 |
| 2022-02-01 | $341,250 (7.5%) | $486,142 (31.8%) | 0.89 | 77 |
| 2022-03-01 | $338,250 (4.9%) | $462,960 (19.3%) | 0.85 | 93 |
| 2022-04-01 | $354,900 (23.5%) | $455,313 (19.5%) | 0.85 | 106 |
| 2022-05-01 | $364,725 (20.8%) | $431,328 (13.3%) | 0.83 | 121 |
| 2022-06-01 | $371,875 (19.0%) | $417,298 (7.7%) | 0.83 | 134 |
| 2022-07-01 | $370,000 (15.7%) | $427,806 (9.7%) | 0.83 | 156 |
| 2022-08-01 | $374,975 (25.1%) | $435,777 (15.3%) | 0.87 | 156 |
| 2022-09-01 | $374,500 (27.3%) | $433,753 (12.2%) | 0.88 | 155 |
| 2022-10-01 | $375,000 (34.0%) | $435,118 (16.1%) | 0.88 | 151 |
| 2022-11-01 | $351,945 (21.8%) | $421,422 (5.3%) | 0.85 | 143 |
| 2022-12-01 | $339,900 (13.3%) | $417,084 (4.6%) | 0.84 | 113 |
| 2023-01-01 | $318,000 (8.9%) | $405,006 (-5.5%) | 0.79 | 97 |
| 2023-02-01 | $379,950 (11.3%) | $454,929 (-6.4%) | 0.92 | 100 |
| 2023-03-01 | $417,450 (23.4%) | $577,425 (24.7%) | 0.98 | 113 |
| 2023-04-01 | $429,000 (20.9%) | $572,502 (25.7%) | 1.00 | 133 |
| 2023-05-01 | $461,825 (26.6%) | $577,368 (33.9%) | 1.05 | 125 |
| 2023-06-01 | $447,500 (20.3%) | $605,428 (45.1%) | 1.01 | 136 |
| 2023-07-01 | $450,000 (21.6%) | $612,849 (43.3%) | 1.02 | 140 |
| 2023-08-01 | $433,500 (15.6%) | $569,060 (30.6%) | 1.00 | 135 |
| 2023-09-01 | $450,000 (20.2%) | $544,574 (25.6%) | 1.05 | 148 |
| 2023-10-01 | $421,950 (12.5%) | $495,781 (13.9%) | 0.99 | 164 |
| 2023-11-01 | $399,900 (13.6%) | $470,377 (11.6%) | 0.95 | 164 |
| 2023-12-01 | $369,990 (8.9%) | $466,997 (12.0%) | 0.90 | 147 |
| 2024-01-01 | $368,500 (15.9%) | $464,429 (14.7%) | 0.90 | 137 |
| 2024-02-01 | $373,495 (-1.7%) | $470,057 (3.3%) | 0.90 | 132 |
| 2024-03-01 | $399,500 (-4.3%) | $513,740 (-11.0%) | 0.94 | 159 |
| 2024-04-01 | $398,198 (-7.2%) | $519,216 (-9.3%) | 0.93 | 170 |
| 2024-05-01 | $404,525 (-12.4%) | $513,745 (-11.0%) | 0.91 | 162 |
| 2024-06-01 | $390,000 (-12.9%) | $495,027 (-18.2%) | 0.88 | 176 |
| 2024-07-01 | $375,495 (-16.6%) | $494,788 (-19.3%) | 0.86 | 176 |
| 2024-08-01 | $369,945 (-14.7%) | $483,366 (-15.1%) | 0.86 | 176 |
| 2024-09-01 | $373,220 (-17.1%) | $480,490 (-11.8%) | 0.88 | 197 |
| 2024-10-01 | $379,698 (-10.0%) | $486,197 (-1.9%) | 0.89 | 200 |
STATE COLLEGE's median listing price for 2024-10-01 was $379,698, a difference of
$-42,252
(-10.0%) versus the prior year and
$6,478 versus the prior month.
STATE COLLEGE's median listing price comes in at 89% of the national average.
STATE COLLEGE's average listing price for 2024-10-01 was $486,197, a difference of $-9,584 (-1.9%) versus the prior year and $5,707 versus the prior month.
For the 2024-10-01 period, STATE COLLEGE had 200 MLS listings, a difference of 3 listings (2%) versus the prior month and 36 listings (22%) versus the prior year.
STATE COLLEGE's median listing price comes in at 89% of the national average.
STATE COLLEGE's average listing price for 2024-10-01 was $486,197, a difference of $-9,584 (-1.9%) versus the prior year and $5,707 versus the prior month.
For the 2024-10-01 period, STATE COLLEGE had 200 MLS listings, a difference of 3 listings (2%) versus the prior month and 36 listings (22%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - STATE COLLEGE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 80 days | 1,800 sqft |
| 2018-02-01 | 80 days | 1,850 sqft |
| 2018-03-01 | 51 days | 2,060 sqft |
| 2018-04-01 | 46 days | 2,046 sqft |
| 2018-05-01 | 45 days | 2,047 sqft |
| 2018-06-01 | 53 days | 2,147 sqft |
| 2018-07-01 | 65 days | 2,067 sqft |
| 2018-08-01 | 70 days | 2,130 sqft |
| 2018-09-01 | 70 days | 2,090 sqft |
| 2018-10-01 | 78 days | 2,029 sqft |
| 2018-11-01 | 79 days | 2,012 sqft |
| 2018-12-01 | 80 days | 1,909 sqft |
| 2019-01-01 | 78 days | 1,926 sqft |
| 2019-02-01 | 75 days | 2,028 sqft |
| 2019-03-01 | 51 days | 2,118 sqft |
| 2019-04-01 | 38 days | 2,213 sqft |
| 2019-05-01 | 44 days | 2,229 sqft |
| 2019-06-01 | 51 days | 2,149 sqft |
| 2019-07-01 | 54 days | 2,102 sqft |
| 2019-08-01 | 59 days | 2,079 sqft |
| 2019-09-01 | 67 days | 2,021 sqft |
| 2019-10-01 | 72 days | 1,957 sqft |
| 2019-11-01 | 72 days | 1,872 sqft |
| 2019-12-01 | 85 days | 1,770 sqft |
| 2020-01-01 | 80 days | 1,776 sqft |
| 2020-02-01 | 56 days | 1,842 sqft |
| 2020-03-01 | 40 days | 1,928 sqft |
| 2020-04-01 | 60 days | 1,941 sqft |
| 2020-05-01 | 72 days | 1,923 sqft |
| 2020-06-01 | 74 days | 2,006 sqft |
| 2020-07-01 | 61 days | 1,966 sqft |
| 2020-08-01 | 57 days | 1,963 sqft |
| 2020-09-01 | 60 days | 2,046 sqft |
| 2020-10-01 | 68 days | 2,084 sqft |
| 2020-11-01 | 83 days | 2,102 sqft |
| 2020-12-01 | 92 days | 2,041 sqft |
| 2021-01-01 | 64 days | 1,953 sqft |
| 2021-02-01 | 45 days | 1,876 sqft |
| 2021-03-01 | 50 days | 1,849 sqft |
| 2021-04-01 | 38 days | 1,705 sqft |
| 2021-05-01 | 37 days | 1,847 sqft |
| 2021-06-01 | 42 days | 1,878 sqft |
| 2021-07-01 | 42 days | 1,837 sqft |
| 2021-08-01 | 43 days | 1,877 sqft |
| 2021-09-01 | 50 days | 1,788 sqft |
| 2021-10-01 | 51 days | 1,795 sqft |
| 2021-11-01 | 60 days | 1,808 sqft |
| 2021-12-01 | 69 days | 1,849 sqft |
| 2022-01-01 | 75 days | 1,927 sqft |
| 2022-02-01 | 53 days | 2,008 sqft |
| 2022-03-01 | 32 days | 1,954 sqft |
| 2022-04-01 | 31 days | 1,956 sqft |
| 2022-05-01 | 32 days | 1,969 sqft |
| 2022-06-01 | 32 days | 1,959 sqft |
| 2022-07-01 | 33 days | 1,938 sqft |
| 2022-08-01 | 43 days | 1,986 sqft |
| 2022-09-01 | 49 days | 1,969 sqft |
| 2022-10-01 | 51 days | 1,971 sqft |
| 2022-11-01 | 57 days | 1,853 sqft |
| 2022-12-01 | 68 days | 1,912 sqft |
| 2023-01-01 | 75 days | 1,820 sqft |
| 2023-02-01 | 59 days | 2,030 sqft |
| 2023-03-01 | 33 days | 2,196 sqft |
| 2023-04-01 | 31 days | 2,250 sqft |
| 2023-05-01 | 46 days | 2,257 sqft |
| 2023-06-01 | 40 days | 2,385 sqft |
| 2023-07-01 | 37 days | 2,260 sqft |
| 2023-08-01 | 46 days | 2,263 sqft |
| 2023-09-01 | 38 days | 2,335 sqft |
| 2023-10-01 | 40 days | 2,163 sqft |
| 2023-11-01 | 43 days | 2,085 sqft |
| 2023-12-01 | 57 days | 2,000 sqft |
| 2024-01-01 | 72 days | 2,000 sqft |
| 2024-02-01 | 49 days | 1,969 sqft |
| 2024-03-01 | 36 days | 2,016 sqft |
| 2024-04-01 | 38 days | 2,043 sqft |
| 2024-05-01 | 43 days | 2,100 sqft |
| 2024-06-01 | 39 days | 2,115 sqft |
| 2024-07-01 | 51 days | 2,094 sqft |
| 2024-08-01 | 46 days | 2,006 sqft |
| 2024-09-01 | 40 days | 2,010 sqft |
| 2024-10-01 | 45 days | 2,044 sqft |
STATE COLLEGE's median listing age (time on market) for 2024-10-01 was 45 days.
This
is 14%
longer
than the same period one year ago.
STATE COLLEGE's median square footage for active listings during the 2024-10-01 period was 2,044 sqft. One year prior, the average listing was 2,163 sqft.
STATE COLLEGE's median square footage for active listings during the 2024-10-01 period was 2,044 sqft. One year prior, the average listing was 2,163 sqft.
STATE COLLEGE, PA Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 16652 | State College, PA MSA | $1,100 | $1,120 | $1,290 | $1,580 | $1,730 |
| 16666 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16677 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16686 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16801 | State College, PA MSA | $1,180 | $1,200 | $1,390 | $1,700 | $1,870 |
| 16802 | State College, PA MSA | $1,100 | $1,120 | $1,290 | $1,580 | $1,730 |
| 16803 | State College, PA MSA | $1,210 | $1,230 | $1,420 | $1,740 | $1,910 |
| 16804 | State College, PA MSA | $1,100 | $1,120 | $1,290 | $1,580 | $1,730 |
| 16820 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16822 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16823 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16826 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16827 | State College, PA MSA | $1,210 | $1,240 | $1,430 | $1,750 | $1,920 |
| 16828 | State College, PA MSA | $980 | $990 | $1,150 | $1,410 | $1,540 |
| 16829 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16832 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16835 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16841 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16844 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16845 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16851 | State College, PA MSA | $1,110 | $1,130 | $1,300 | $1,600 | $1,750 |
| 16852 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16853 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16854 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16856 | State College, PA MSA | $1,100 | $1,120 | $1,290 | $1,580 | $1,730 |
| 16859 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16860 | State College, PA MSA | $1,100 | $1,120 | $1,290 | $1,580 | $1,730 |
| 16864 | State College, PA MSA | $1,100 | $1,120 | $1,290 | $1,580 | $1,730 |
| 16865 | State College, PA MSA | $1,380 | $1,410 | $1,630 | $2,000 | $2,190 |
| 16866 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16868 | State College, PA MSA | $1,230 | $1,250 | $1,450 | $1,770 | $1,950 |
| 16870 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16872 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16874 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16875 | State College, PA MSA | $940 | $950 | $1,100 | $1,400 | $1,480 |
| 16877 | State College, PA MSA | $940 | $970 | $1,140 | $1,400 | $1,530 |
| 16882 | State College, PA MSA | $1,100 | $1,120 | $1,290 | $1,580 | $1,730 |
2022 Average & Median Rent Data Statistics
STATE COLLEGE, PA average 1BR rent: $1,031, median: $950
STATE COLLEGE, PA average 2BR rent: $1,193, median: $1,100
STATE COLLEGE, PA average 3BR rent: $1,493, median: $1,400
STATE COLLEGE, PA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,169 | $354,925,000 | $303,614 |
| Home Improvement | 391 | $33,455,000 | $85,563 |
| Refi | 270 | $62,580,000 | $231,778 |
| Other | 254 | $24,940,000 | $98,189 |
| Cash Out Refi | 201 | $36,135,000 | $179,776 |
| NA | 1 | $35,000 | $35,000 |
State College's most frequently cited loan purpose was Home Purchase, with 1,169 originations. The 2nd most popular reason was Home Improvement, with 391 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 829 | $200,955,000 | $242,407 |
| 5-6% | 470 | $124,870,000 | $265,681 |
| 7-8% | 411 | $103,665,000 | $252,226 |
| Over 8% | 302 | $36,710,000 | $121,556 |
| 4-5% | 81 | $15,465,000 | $190,926 |
| 3-4% | 17 | $1,825,000 | $107,353 |
| <2.5% | 15 | $805,000 | $53,667 |
| 2.5-3% | 13 | $2,015,000 | $155,000 |
During 2023, State College's most frequently originated rate bucket was 6-7%, with 829 originations.
Loan Sizing (STATE COLLEGE, PA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 775 | $220,535,000 | $284,561 |
| $100,000 or less | 673 | $34,755,000 | $51,642 |
| $100k-200k | 570 | $82,560,000 | $144,842 |
| $400k-600k | 184 | $87,760,000 | $476,957 |
| $600k-1000k | 67 | $47,225,000 | $704,851 |
| $Over $1MM | 17 | $39,235,000 | $2,307,941 |
STATE COLLEGE's loan sizing saw the bucket of loans from $200k-400k with 775 originations, totaling $220,535,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 692 | $222,440,000 | $321,445 |
| 60-80% | 457 | $144,655,000 | $316,532 |
| Under 20% | 402 | $20,020,000 | $49,801 |
| 20-40% | 346 | $40,980,000 | $118,439 |
| 40-60% | 228 | $61,260,000 | $268,684 |
| Over 100% | 9 | $2,965,000 | $329,444 |
STATE COLLEGE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 692 originations, totaling $222,440,000 in origination value.