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 6.52% for the week of 2024-07-03, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-27) was 6.83% and one month ago for the week of 2024-05-30, the average rate was 6.7%.

State College's average rate one year ago was 6.68%.

For refis of the same type during the week of 2024-07-03, the average rate was 7.45%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-03 6.95%
State College 30 Year Fixed Rate 2024-07-03 6.52%
State College 30 Year Fixed Rate Refi 2024-07-03 7.45%
State College 15 Year Fixed Rate 2024-07-03 6.05%
State College 15 Year Fixed Rate Refi 2024-07-03 6.35%
State College 30 Year FHA 2024-07-03 6.52%
State College 30 Year FHA Refi 2024-07-03 6.92%
State College 30 Year USDA 2024-07-03 6.74%
State College 30 Year USDA Refi 2024-07-03 6.74%
State College 30 Year VA 2024-07-03 6.38%
State College 30 Year VA Refi 2024-07-03 6.68%
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.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 105 6.81% $6,954
Citizens Bank 86 6.45% $8,204
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 69 6.78% $5,614
Kish Bank 65 6.21% $5,207
QUICKEN LOANS, LLC 46 6.81% $8,139
First National Bank of Pennsylvania 40 6.42% $5,881
AmeriServ Financial Bank 26 5.75% $4,002
UNION HOME MORTGAGE CORP. 24 6.90% $8,452
Northwest Bank 16 6.41% $6,562
Jersey Shore State Bank 15 6.77% $5,585
NEWREZ LLC 14 7.13% $5,256
Reliance Savings Bank 13 6.72% $3,874
CNB Bank 13 6.71% $4,670
NAVY FEDERAL CREDIT UNION 11 6.50% $6,707
PENNSYLVANIA STATE EMPLOYEES Credit Union 11 6.19% $2,866
MICHIGAN MUTUAL, INC. 10 6.39% $8,432
Century Mortgage Company DBA Century Lending Company 8 7.07% $5,793
Flagstar Bank, FSB 6 6.98% $4,606
HOMESIDE FINANCIAL, LLC 6 7.58% $12,254
PNC Bank 6 6.69% $5,185
JPMorgan Chase Bank 5 6.28% $5,351
Bank of America 5 6.55% $5,729
The Loan Store, Inc. 4 6.59% $8,628
PENNYMAC LOAN SERVICES, LLC 4 6.28% $7,476
BETTER MORTGAGE CORPORATION 4 6.31% $8,453
MidAtlantic Farm Credit, ACA 4 7.16% $4,480
M&T Bank 4 6.50% $4,694
MEMBER FIRST MORTGAGE, LLC 4 6.94% $3,439
BROKER SOLUTIONS, INC. 4 7.15% $10,966
AMERISAVE MORTGAGE CORPORATION 4 6.25% $8,481
Univest Bank and Trust Co. 3 6.33% $8,202
NORWICH COMMERCIAL GROUP, INC. 3 7.00% $15,007
GUILD MORTGAGE COMPANY 3 6.79% $7,511
CROSSCOUNTRY MORTGAGE, LLC 3 7.13% $8,048
The Ephrata National Bank 3 6.25% $10,568
The Huntington National Bank 3 7.38% $7,297
LOANDEPOT.COM, LLC 3 6.96% $5,891
TOWNE MORTGAGE COMPANY 3 6.88% $7,502
USAA Federal Savings Bank 3 6.92% $5,926
Wells Fargo Bank 3 6.42% $4,628
Morgan Stanley Private Bank 3 6.10% $4,427
Mr. Cooper ( Nationstar Mortgage ) 3 7.08% $11,475
S&T Bank 2 6.19% $4,162
AMERICAN FINANCING CORPORATION 2 5.99% $6,542
First Commonwealth Bank 2 5.56% $5,961
U.S. Bank 2 6.18% $4,427
PROVIDENT FUNDING ASSOCIATES, L.P. 2 6.63% $3,493
FIRST HOME MORTGAGE CORPORATION 2 6.38% $7,924
Princeton Mortgage Corporation 2 7.25% $7,129
CMG MORTGAGE, INC. 2 6.75% $4,331
York Traditions Bank 2 6.56% $9,266
Plains Commerce Bank 2 5.75% $7,028
Ally Bank 2 6.81% $5,028
Citibank 2 5.56% $8,441
Truist 2 6.48% $6,620
TRUMARK FINANCIAL CREDIT UNION 2 6.94% $5,117
The Muncy Bank and Trust Company 2 8.38% $2,260
IVY MORTGAGE, INC. 2 6.75% $3,848
ON Q FINANCIAL, INC. 1 6.88% $7,307
Alcova Mortgage LLC 1 6.50% $6,726
AMERICAN FINANCIAL NETWORK, INC. 1 6.63% $12,104
Ameris Bank 1 7.49% $9,306
Armed Forces Bank 1 6.25% $4,407
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 6.38% $10,851
Citizens & Northern Bank 1 7.13% $18,192
CORNING 1 6.88% $7,466
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.50% $5,760
DEEPHAVEN MORTGAGE LLC 1 7.75% $7,341
Dollar Bank, Federal Savings Bank 1 6.38% $4,863
EMM LOANS LLC 1 6.75% $7,955
First-Citizens Bank & Trust Company 1 5.73% $6,166
First Citizens Community Bank 1 6.99% $4,543
First Commonwealth Federal Credit Union 1 6.75% $4,085
FREEDOM MORTGAGE CORPORATION 1 7.63% $5,225
Fulton Bank 1 6.63% $4,009
George Mason Mortgage, LLC 1 7.00% $4,731
GSF Mortgage Corporation 1 6.63% $5,045
GUARANTEED RATE, INC. 1 6.38% $5,818
HORIZON Federal Credit Union 1 5.75% $4,456
INTERCOASTAL MORTGAGE COMPANY 1 7.38% $11,030
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION 1 5.88% $5,710
Metro City Bank 1 7.25% $7,573
MILEND, INC. 1 6.50% $14,099
NATIONS DIRECT MORTGAGE, LLC 1 8.38% $12,531
NexBank 1 8.13% $3,641
NFM, INC. 1 7.13% $7,528
NJ LENDERS CORP. 1 7.50% $5,910
Northpointe Bank 1 8.63% $5,863
OceanFirst Bank 1 6.13% $6,502
OCMBC, INC. 1 8.75% $11,122
A&D Mortgage LLC 1 10.13% $14,703
PARAGON HOME LOANS INC. 1 6.75% $3,430
PEOPLESBANK, A CODORUS VALLEY COMPANY 1 6.75% $5,195
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.63% $4,276
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.75% $5,465
Prosperity Home Mortgage, LLC 1 8.13% $6,676
Quontic Bank 1 9.63% $5,989
ROYAL UNITED MORTGAGE LLC 1 7.50% $6,994
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 1 6.38% $4,004
Summit Mortgage Corporation 1 5.75% $6,798
SWBC MORTGAGE CORPORATION 1 7.63% $7,810
TD Bank 1 6.63% $4,353
The Park National Bank 1 5.88% $5,644
TJC Mortgage, Inc. 1 5.63% $8,074
TOP FLITE FINANCIAL, INC. 1 7.00% $12,567
United Bank 1 7.38% $4,342
US MORTGAGE CORPORATION 1 5.63% $15,777
WesBanco 1 7.88% $4,871
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION 1 6.13% $4,397

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%) $494,368 (-18.3%) 0.88 176
STATE COLLEGE's median listing price for 2024-06-01 was $390,000, a difference of $-57,500 (-12.9%) versus the prior year and $-14,525 versus the prior month.

STATE COLLEGE's median listing price comes in at 88% of the national average.

STATE COLLEGE's average listing price for 2024-06-01 was $494,368, a difference of $-111,060 (-18.3%) versus the prior year and $-19,377 versus the prior month.

For the 2024-06-01 period, STATE COLLEGE had 176 MLS listings, a difference of 14 listings (9%) versus the prior month and 40 listings (29%) 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
STATE COLLEGE's median listing age (time on market) for 2024-06-01 was 39 days. This is -3% shorter than the same period one year ago.

STATE COLLEGE's median square footage for active listings during the 2024-06-01 period was 2,115 sqft. One year prior, the average listing was 2,385 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.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
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.