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
6.66%
for the week of 2023-11-30, compared to the national average of
7.22% for the same period.
The average rate for the prior week (2023-11-22) was
6.93% and
one month ago for the week of 2023-10-26, the
average rate was 7.43%.
State College's average rate one year ago was 6.22%.
For refis of the same type during the week of 2023-11-30, the average rate
was 6.05%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-11-30 | 7.22% |
| State College 30 Year Fixed Rate | 2023-11-30 | 6.66% |
| State College 30 Year Fixed Rate Refi | 2023-11-30 | 6.05% |
| State College 15 Year Fixed Rate | 2023-11-30 | 6.1% |
| State College 15 Year Fixed Rate Refi | 2023-11-30 | 5.12% |
| State College 30 Year FHA | 2023-11-30 | 6.58% |
| State College 30 Year FHA Refi | 2023-11-30 | 6.85% |
| State College 30 Year USDA | 2023-11-30 | 7.2% |
| State College 30 Year USDA Refi | 2023-11-30 | 7% |
| State College 30 Year VA | 2023-11-30 | 6.15% |
| State College 30 Year VA Refi | 2023-11-30 | 6.97% |
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 120 lenders originated 3,273
loans during 2022. The total origination value was $762,095,000, with an average loan value of
$232,843.
STATE COLLEGE's average closing costs are $5,548.
The top STATE COLLEGE lender as defined by loan originations is Citizens Bank, with
139 loans originated. Their average total fees are
$7,698, which is $2,154
higher than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee STATE COLLEGE lenders (with over 10 loans originated) are
PENNSYLVANIA STATE EMPLOYEES Credit Union ($2,800), CNB Bank ($4,015), CALIBER HOME LOANS, INC. ($4,318), AmeriServ Financial Bank ($4,428) and Reliance Savings Bank ($4,685).
The lowest rate STATE COLLEGE lenders (with over 10 loans originated) are
CALIBER HOME LOANS, INC. (4.06%), PENNYMAC LOAN SERVICES, LLC (4.19%), M&T Bank (4.54%), LOANDEPOT.COM, LLC (4.54%) and Citizens Bank (4.63%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| Kish Bank | $84,215,000 | $75,420,000 | -10.4% | 9.9% |
| Citizens Bank | $97,990,000 | $72,390,000 | -26.1% | 9.5% |
| Northwest Bank | $59,320,000 | $46,360,000 | -21.8% | 6.1% |
| Jersey Shore State Bank | $56,270,000 | $45,270,000 | -19.5% | 5.9% |
| UNITED WHOLESALE MORTGAGE, LLC | $66,520,000 | $44,675,000 | -32.8% | 5.9% |
| First National Bank of Pennsylvania | $50,290,000 | $42,555,000 | -15.4% | 5.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $40,365,000 | $38,455,000 | -4.7% | 5.0% |
| QUICKEN LOANS, LLC | $67,405,000 | $27,445,000 | -59.3% | 3.6% |
| CNB Bank | $10,825,000 | $21,835,000 | 101.7% | 2.9% |
| Reliance Savings Bank | $55,590,000 | $19,675,000 | -64.6% | 2.6% |
| PNC Bank | $26,295,000 | $18,565,000 | -29.4% | 2.4% |
| M&T Realty Capital Corporation | $16,695,000 | n/a | 2.2% | |
| PENNSYLVANIA STATE EMPLOYEES Credit Union | $15,655,000 | $15,180,000 | -3.0% | 2.0% |
| Penn State Federal Credit Union | $13,675,000 | $13,355,000 | -2.3% | 1.8% |
| M&T Bank | $22,035,000 | $12,925,000 | -41.3% | 1.7% |
| Santander Bank, N.A. | $285,000 | $11,700,000 | 4,005.3% | 1.5% |
| AmeriServ Financial Bank | $17,285,000 | $11,285,000 | -34.7% | 1.5% |
| First Commonwealth Bank | $8,615,000 | $10,175,000 | 18.1% | 1.3% |
| Century Mortgage Company DBA Century Lending Company | $2,250,000 | $9,280,000 | 312.4% | 1.2% |
| Mortgage Research Center, LLC | $6,980,000 | $8,885,000 | 27.3% | 1.2% |
| Wells Fargo Bank | $23,150,000 | $8,755,000 | -62.2% | 1.1% |
| Truist | $5,575,000 | $7,530,000 | 35.1% | 1.0% |
| Fulton Bank | $5,975,000 | $6,660,000 | 11.5% | 0.9% |
| LOANDEPOT.COM, LLC | $27,740,000 | $6,640,000 | -76.1% | 0.9% |
| JPMorgan Chase Bank | $8,445,000 | $6,445,000 | -23.7% | 0.8% |
| Flagstar Bank, FSB | $5,050,000 | $5,855,000 | 15.9% | 0.8% |
| HOMESIDE FINANCIAL, LLC | $7,175,000 | $5,260,000 | -26.7% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $15,440,000 | $4,895,000 | -68.3% | 0.6% |
| Bank of America | $6,650,000 | $4,765,000 | -28.3% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $6,250,000 | $4,680,000 | -25.1% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $23,900,000 | $4,430,000 | -81.5% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $6,135,000 | $4,225,000 | -31.1% | 0.6% |
| CALIBER HOME LOANS, INC. | $12,650,000 | $3,940,000 | -68.9% | 0.5% |
| The Juniata Valley Bank | $935,000 | $3,410,000 | 264.7% | 0.4% |
| USAA Federal Savings Bank | $4,425,000 | $2,580,000 | -41.7% | 0.3% |
| The Muncy Bank and Trust Company | $6,315,000 | $2,435,000 | -61.4% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $510,000 | $2,395,000 | 369.6% | 0.3% |
| BROKER SOLUTIONS, INC. | $16,970,000 | $2,220,000 | -86.9% | 0.3% |
| MidAtlantic Farm Credit, ACA | $2,020,000 | n/a | 0.3% | |
| NORWICH COMMERCIAL GROUP, INC. | $970,000 | $1,995,000 | 105.7% | 0.3% |
| Mifflinburg Bank and Trust Company | $4,285,000 | $1,965,000 | -54.1% | 0.3% |
| AMERICAN FINANCING CORPORATION | $3,925,000 | $1,865,000 | -52.5% | 0.2% |
| MEMBERS 1ST FEDERAL CREDIT UNION | $1,475,000 | $1,720,000 | 16.6% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $10,590,000 | $1,715,000 | -83.8% | 0.2% |
| Ally Bank | $1,810,000 | $1,615,000 | -10.8% | 0.2% |
| Morgan Stanley Private Bank | $1,540,000 | n/a | 0.2% | |
| MICHIGAN MUTUAL, INC. | $9,030,000 | $1,535,000 | -83.0% | 0.2% |
| BETTER MORTGAGE CORPORATION | $13,425,000 | $1,505,000 | -88.8% | 0.2% |
| The Huntington National Bank | $2,850,000 | $1,460,000 | -48.8% | 0.2% |
| ARC HOME LLC | $2,230,000 | $1,440,000 | -35.4% | 0.2% |
| HORIZON Federal Credit Union | $1,010,000 | $1,355,000 | 34.2% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $885,000 | $1,315,000 | 48.6% | 0.2% |
| GUILD MORTGAGE COMPANY | $365,000 | $1,305,000 | 257.5% | 0.2% |
| CORNING | $3,210,000 | $1,245,000 | -61.2% | 0.2% |
| First Citizens Community Bank | $12,180,000 | $1,230,000 | -89.9% | 0.2% |
| MEMBER FIRST MORTGAGE, LLC | $5,215,000 | $1,230,000 | -76.4% | 0.2% |
| U.S. Bank | $1,755,000 | $1,195,000 | -31.9% | 0.2% |
| NEWREZ LLC | $8,075,000 | $1,165,000 | -85.6% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $4,605,000 | $1,095,000 | -76.2% | 0.1% |
| The Ephrata National Bank | $1,065,000 | n/a | 0.1% | |
| TD Bank | $665,000 | $1,055,000 | 58.6% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $9,670,000 | $1,040,000 | -89.2% | 0.1% |
| GUARANTEED RATE, INC. | $2,400,000 | $1,020,000 | -57.5% | 0.1% |
| City National Bank of Florida | $975,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $1,585,000 | $940,000 | -40.7% | 0.1% |
| KeyBank | $265,000 | $925,000 | 249.1% | 0.1% |
| Equity Prime Mortgage LLC | $865,000 | n/a | 0.1% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $2,850,000 | $865,000 | -69.6% | 0.1% |
| Carrington Mortgage Services, LLC | $1,255,000 | $860,000 | -31.5% | 0.1% |
| Charles Schwab Bank, SSB | $405,000 | $860,000 | 112.3% | 0.1% |
| UNION HOME MORTGAGE CORP. | $195,000 | $820,000 | 320.5% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $470,000 | $810,000 | 72.3% | 0.1% |
| CMG MORTGAGE, INC. | $805,000 | n/a | 0.1% | |
| Prosperity Home Mortgage, LLC | $580,000 | $790,000 | 36.2% | 0.1% |
| Farmers and Merchants Trust Company of Chambersburg | $775,000 | n/a | 0.1% | |
| CROSSCOUNTRY MORTGAGE, LLC | $2,565,000 | $770,000 | -70.0% | 0.1% |
| HOME POINT FINANCIAL CORPORATION | $13,460,000 | $765,000 | -94.3% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $1,470,000 | $760,000 | -48.3% | 0.1% |
| Dollar Bank, Federal Savings Bank | $375,000 | $755,000 | 101.3% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $2,120,000 | $755,000 | -64.4% | 0.1% |
| NBKC BANK | $750,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $510,000 | $735,000 | 44.1% | 0.1% |
| STEARNS LENDING, LLC | $5,650,000 | $720,000 | -87.3% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $105,000 | $710,000 | 576.2% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $845,000 | $680,000 | -19.5% | 0.1% |
| HOMESPIRE MORTGAGE CORPORATION | $195,000 | $645,000 | 230.8% | 0.1% |
| Waterstone Mortgage Corporation | $645,000 | n/a | 0.1% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $1,700,000 | $630,000 | -62.9% | 0.1% |
| The Gratz Bank | $1,545,000 | $625,000 | -59.5% | 0.1% |
| Northpointe Bank | $790,000 | $615,000 | -22.2% | 0.1% |
| BNY Mellon | $1,305,000 | $605,000 | -53.6% | 0.1% |
| Ukrainian Selfreliance Federal Credit Union | $605,000 | n/a | 0.1% | |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $4,150,000 | $595,000 | -85.7% | 0.1% |
| First Savings Bank | $4,985,000 | $595,000 | -88.1% | 0.1% |
| UTILITIES EMPLOYEES CREDIT UNION | $205,000 | $585,000 | 185.4% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $420,000 | $580,000 | 38.1% | 0.1% |
| Willamette Valley Bank | $575,000 | n/a | 0.1% | |
| GUARANTY HOME MORTGAGE CORPORATION | $570,000 | n/a | 0.1% | |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $565,000 | n/a | 0.1% | |
| Discover Bank | $590,000 | $565,000 | -4.2% | 0.1% |
| PIKE CREEK MORTGAGE SERVICES, INC. | $565,000 | n/a | 0.1% | |
| Citizens & Northern Bank | $775,000 | $545,000 | -29.7% | 0.1% |
| Deere Employees Credit Union | $545,000 | n/a | 0.1% | |
| BARTLETT MORTGAGE, INC. | $525,000 | n/a | 0.1% | |
| ESSA Bank & Trust | $515,000 | n/a | 0.1% | |
| AFFINITY | $185,000 | $510,000 | 175.7% | 0.1% |
| GUIDANCE RESIDENTIAL, LLC | $680,000 | $505,000 | -25.7% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,035,000 | $505,000 | -51.2% | 0.1% |
| Pennian Bank | $505,000 | n/a | 0.1% | |
| VILLAGE CAPITAL MORTGAGE | $1,670,000 | $505,000 | -69.8% | 0.1% |
| LOANPAL, LLC | $1,305,000 | $500,000 | -61.7% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $545,000 | $500,000 | -8.3% | 0.1% |
| Mid Penn Bank | $150,000 | $480,000 | 220.0% | 0.1% |
| CONSUMERS COOPERATIVE CREDIT UNION | $445,000 | n/a | 0.1% | |
| Princeton Mortgage Corporation | $3,005,000 | $440,000 | -85.4% | 0.1% |
| UNIVERSITY OF ILLINOIS COMMUNITY | $405,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $585,000 | $395,000 | -32.5% | 0.1% |
| Boeing Employees Credit Union | $245,000 | $385,000 | 57.1% | 0.1% |
| TOP FLITE FINANCIAL, INC. | $155,000 | $375,000 | 141.9% | 0.0% |
| AmeriHome Mortgage Company, LLC | $285,000 | $370,000 | 29.8% | 0.0% |
| ARC Federal Credit Union | $340,000 | n/a | 0.0% | |
| MILEND, INC. | $335,000 | n/a | 0.0% | |
| The Central Trust Bank | $335,000 | n/a | 0.0% | |
| FIRST HOME MORTGAGE CORPORATION | $325,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $315,000 | n/a | 0.0% | |
| Metro City Bank | $570,000 | $315,000 | -44.7% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,630,000 | $315,000 | -80.7% | 0.0% |
| American Airlines Federal Credit Union | $255,000 | $305,000 | 19.6% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $910,000 | $305,000 | -66.5% | 0.0% |
| Homesale Mortgage, LLC | $155,000 | $305,000 | 96.8% | 0.0% |
| SOFI LENDING CORP. | $320,000 | $305,000 | -4.7% | 0.0% |
| York Traditions Bank | $1,010,000 | $305,000 | -69.8% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $1,640,000 | $295,000 | -82.0% | 0.0% |
| 21ST MORTGAGE CORPORATION | $95,000 | $285,000 | 200.0% | 0.0% |
| CLEARPATH LENDING | $265,000 | $285,000 | 7.5% | 0.0% |
| Firstrust Savings Bank | $285,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $285,000 | n/a | 0.0% | |
| Quontic Bank | $285,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $1,975,000 | $285,000 | -85.6% | 0.0% |
| POLICE & FIRE | $610,000 | $280,000 | -54.1% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $25,000 | $280,000 | 1,020.0% | 0.0% |
| Embassy Bank For The Lehigh Valley | $275,000 | n/a | 0.0% | |
| Mars Bank | $275,000 | n/a | 0.0% | |
| Sail Mortgage Corp. | $145,000 | $275,000 | 89.7% | 0.0% |
| The Dart Bank | $275,000 | n/a | 0.0% | |
| EVERETT FINANCIAL, INC. | $270,000 | n/a | 0.0% | |
| FNCB Bank | $255,000 | $265,000 | 3.9% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $165,000 | $265,000 | 60.6% | 0.0% |
| AMERICAN FEDERAL MORTGAGE CORPORATION | $1,440,000 | $255,000 | -82.3% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $255,000 | n/a | 0.0% | |
| Community State Bank of Orbisonia | $1,305,000 | $255,000 | -80.5% | 0.0% |
| Integrity Home Mortgage Corp | $255,000 | n/a | 0.0% | |
| BHCU | $245,000 | n/a | 0.0% | |
| EQUITY RESOURCES, INC. | $1,435,000 | $245,000 | -82.9% | 0.0% |
| Blue Ridge Bank | $330,000 | $235,000 | -28.8% | 0.0% |
| DELMAR FINANCIAL COMPANY | $235,000 | n/a | 0.0% | |
| EMM LOANS LLC | $400,000 | $235,000 | -41.3% | 0.0% |
| Malvern Bank N.A. | $235,000 | n/a | 0.0% | |
| SSB Bank | $235,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $375,000 | $235,000 | -37.3% | 0.0% |
| S&T Bank | $2,535,000 | $230,000 | -90.9% | 0.0% |
| Altoona First Savings Bank | $5,665,000 | $225,000 | -96.0% | 0.0% |
| AMERICAN ADVISORS GROUP | $465,000 | $225,000 | -51.6% | 0.0% |
| GOLD Credit Union | $215,000 | n/a | 0.0% | |
| IVY MORTGAGE, INC. | $1,470,000 | $215,000 | -85.4% | 0.0% |
| PREMIA MORTGAGE, LLC | $215,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $1,045,000 | $205,000 | -80.4% | 0.0% |
| The Federal Savings Bank | $920,000 | $205,000 | -77.7% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $655,000 | $200,000 | -69.5% | 0.0% |
| SUN Federal Credit Union | $200,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $195,000 | n/a | 0.0% | |
| Fleetwood Bank | $185,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $185,000 | n/a | 0.0% | |
| Meridian Bank Corporation | $540,000 | $175,000 | -67.6% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $165,000 | n/a | 0.0% | |
| Magnolia Bank | $265,000 | $165,000 | -37.7% | 0.0% |
| State Department Federal Credit Union | $165,000 | n/a | 0.0% | |
| 1st Summit Bank | $65,000 | $155,000 | 138.5% | 0.0% |
| Ameris Bank | $175,000 | $155,000 | -11.4% | 0.0% |
| BOKF | $155,000 | n/a | 0.0% | |
| Fifth Third Bank | $500,000 | $155,000 | -69.0% | 0.0% |
| Susquehanna Community Bank | $235,000 | $155,000 | -34.0% | 0.0% |
| The Fidelity Deposit and Discount Bank | $105,000 | $155,000 | 47.6% | 0.0% |
| TRUMARK FINANCIAL CREDIT UNION | $400,000 | $155,000 | -61.3% | 0.0% |
| George Mason Mortgage, LLC | $145,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $1,210,000 | $135,000 | -88.8% | 0.0% |
| Atlantic Coast Mortgage, LLC | $125,000 | n/a | 0.0% | |
| Nations Lending Corporation | $185,000 | $125,000 | -32.4% | 0.0% |
| Orrstown Bank | $2,055,000 | $125,000 | -93.9% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $185,000 | $125,000 | -32.4% | 0.0% |
| Woodlands Bank | $120,000 | n/a | 0.0% | |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $515,000 | $115,000 | -77.7% | 0.0% |
| Bethpage Federal Credit Union | $105,000 | n/a | 0.0% | |
| LENDINGHOME FUNDING CORPORATION | $105,000 | n/a | 0.0% | |
| MLB RESIDENTIAL LENDING, LLC | $105,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $500,000 | $75,000 | -85.0% | 0.0% |
| JUSTICE Federal Credit Union | $75,000 | n/a | 0.0% | |
| The Luzerne Bank | $75,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $65,000 | n/a | 0.0% | |
| TOWER | $275,000 | $65,000 | -76.4% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $185,000 | $45,000 | -75.7% | 0.0% |
| SERVICE 1ST | $35,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% | |
| EVERENCE FEDERAL CREDIT UNION | $155,000 | $15,000 | -90.3% | 0.0% |
STATE COLLEGE's top lender by overall market share is Kish Bank, with 9.9% market share. In second place, with 9.5%, is Citizens Bank, having originated $72,390,000 in loans. In third place, with 6.1%, is Northwest Bank, having originated $46,360,000 in loans. In fourth place, with 5.9%, is Jersey Shore State Bank, having originated $45,270,000 in loans. In fifth place, with 5.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $44,675,000 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 | $246,175 (11.9%) | $325,621 (9.9%) | 0.91 | 214 |
| 2018-02-01 | $262,700 (6.4%) | $347,418 (11.8%) | 0.95 | 228 |
| 2018-03-01 | $293,450 (4.4%) | $362,319 (9.1%) | 1.03 | 255 |
| 2018-04-01 | $293,175 (4.7%) | $369,634 (12.0%) | 0.99 | 264 |
| 2018-05-01 | $284,950 (4.7%) | $361,919 (12.8%) | 0.95 | 295 |
| 2018-06-01 | $295,412 (9.6%) | $372,985 (15.9%) | 0.99 | 314 |
| 2018-07-01 | $284,700 (9.8%) | $364,588 (19.6%) | 0.95 | 306 |
| 2018-08-01 | $276,200 (9.5%) | $363,625 (19.2%) | 0.93 | 288 |
| 2018-09-01 | $269,700 (4.8%) | $347,213 (9.0%) | 0.91 | 303 |
| 2018-10-01 | $264,423 (3.8%) | $339,977 (6.7%) | 0.90 | 299 |
| 2018-11-01 | $249,975 (-1.2%) | $334,671 (2.4%) | 0.85 | 292 |
| 2018-12-01 | $239,500 (-0.2%) | $316,634 (-2.7%) | 0.83 | 252 |
| 2019-01-01 | $239,900 (-2.6%) | $308,713 (-5.2%) | 0.83 | 209 |
| 2019-02-01 | $273,225 (4.0%) | $321,743 (-7.4%) | 0.92 | 229 |
| 2019-03-01 | $305,900 (4.2%) | $354,222 (-2.2%) | 1.00 | 270 |
| 2019-04-01 | $328,175 (11.9%) | $382,391 (3.5%) | 1.04 | 300 |
| 2019-05-01 | $321,900 (13.0%) | $388,051 (7.2%) | 1.01 | 307 |
| 2019-06-01 | $319,000 (8.0%) | $376,332 (0.9%) | 1.00 | 340 |
| 2019-07-01 | $304,175 (6.8%) | $363,018 (-0.4%) | 0.95 | 353 |
| 2019-08-01 | $297,950 (7.9%) | $357,500 (-1.7%) | 0.94 | 348 |
| 2019-09-01 | $282,200 (4.6%) | $346,590 (-0.2%) | 0.90 | 336 |
| 2019-10-01 | $269,925 (2.1%) | $334,978 (-1.5%) | 0.87 | 328 |
| 2019-11-01 | $270,990 (8.4%) | $331,566 (-0.9%) | 0.89 | 294 |
| 2019-12-01 | $252,500 (5.4%) | $317,204 (0.2%) | 0.84 | 247 |
| 2020-01-01 | $261,000 (8.8%) | $324,727 (5.2%) | 0.87 | 209 |
| 2020-02-01 | $282,000 (3.2%) | $354,411 (10.2%) | 0.92 | 213 |
| 2020-03-01 | $304,511 (-0.5%) | $372,195 (5.1%) | 0.95 | 255 |
| 2020-04-01 | $314,475 (-4.2%) | $376,248 (-1.6%) | 0.99 | 261 |
| 2020-05-01 | $305,000 (-5.3%) | $372,614 (-4.0%) | 0.93 | 295 |
| 2020-06-01 | $329,900 (3.4%) | $382,590 (1.7%) | 0.97 | 285 |
| 2020-07-01 | $328,850 (8.1%) | $380,299 (4.8%) | 0.95 | 276 |
| 2020-08-01 | $319,900 (7.4%) | $374,887 (4.9%) | 0.92 | 267 |
| 2020-09-01 | $307,475 (9.0%) | $371,215 (7.1%) | 0.88 | 253 |
| 2020-10-01 | $313,750 (16.2%) | $377,325 (12.6%) | 0.90 | 224 |
| 2020-11-01 | $325,000 (19.9%) | $387,602 (16.9%) | 0.95 | 182 |
| 2020-12-01 | $314,950 (24.7%) | $370,539 (16.8%) | 0.94 | 161 |
| 2021-01-01 | $299,500 (14.8%) | $363,498 (11.9%) | 0.89 | 146 |
| 2021-02-01 | $317,500 (12.6%) | $368,812 (4.1%) | 0.92 | 121 |
| 2021-03-01 | $322,500 (5.9%) | $388,086 (4.3%) | 0.92 | 110 |
| 2021-04-01 | $287,400 (-8.6%) | $381,878 (1.5%) | 0.78 | 118 |
| 2021-05-01 | $307,000 (0.7%) | $385,245 (3.4%) | 0.82 | 139 |
| 2021-06-01 | $314,975 (-4.5%) | $390,788 (2.1%) | 0.83 | 148 |
| 2021-07-01 | $320,200 (-2.6%) | $391,561 (3.0%) | 0.84 | 161 |
| 2021-08-01 | $302,400 (-5.5%) | $379,001 (1.1%) | 0.81 | 168 |
| 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 | $290,625 (-10.6%) | $400,593 (3.4%) | 0.78 | 137 |
| 2021-12-01 | $299,950 (-4.8%) | $398,653 (7.6%) | 0.81 | 106 |
| 2022-01-01 | $291,990 (-2.5%) | $429,453 (18.1%) | 0.79 | 90 |
| 2022-02-01 | $354,950 (11.8%) | $491,366 (33.2%) | 0.92 | 80 |
| 2022-03-01 | $347,325 (7.7%) | $469,861 (21.1%) | 0.87 | 99 |
| 2022-04-01 | $375,000 (30.5%) | $468,763 (22.8%) | 0.89 | 113 |
| 2022-05-01 | $384,500 (25.2%) | $447,414 (16.1%) | 0.88 | 133 |
| 2022-06-01 | $392,225 (24.5%) | $435,244 (11.4%) | 0.87 | 144 |
| 2022-07-01 | $387,000 (20.9%) | $439,519 (12.3%) | 0.87 | 164 |
| 2022-08-01 | $384,900 (27.3%) | $447,428 (18.1%) | 0.89 | 166 |
| 2022-09-01 | $386,900 (31.5%) | $444,819 (15.0%) | 0.90 | 165 |
| 2022-10-01 | $384,700 (37.4%) | $449,380 (19.9%) | 0.91 | 159 |
| 2022-11-01 | $368,225 (26.7%) | $432,285 (7.9%) | 0.89 | 150 |
| 2022-12-01 | $349,900 (16.7%) | $425,210 (6.7%) | 0.86 | 116 |
| 2023-01-01 | $341,975 (17.1%) | $415,009 (-3.4%) | 0.85 | 101 |
| 2023-02-01 | $383,675 (8.1%) | $456,847 (-7.0%) | 0.93 | 102 |
| 2023-03-01 | $413,675 (19.1%) | $573,962 (22.2%) | 0.98 | 114 |
| 2023-04-01 | $429,000 (14.4%) | $572,502 (22.1%) | 1.00 | 133 |
| 2023-05-01 | $461,825 (20.1%) | $577,368 (29.1%) | 1.05 | 125 |
| 2023-06-01 | $450,000 (14.7%) | $606,327 (39.3%) | 1.01 | 136 |
| 2023-07-01 | $450,000 (16.3%) | $612,849 (39.4%) | 1.02 | 140 |
| 2023-08-01 | $433,500 (12.6%) | $569,060 (27.2%) | 1.00 | 135 |
| 2023-09-01 | $450,000 (16.3%) | $544,574 (22.4%) | 1.05 | 148 |
| 2023-10-01 | $421,950 (9.7%) | $495,781 (10.3%) | 0.99 | 164 |
| 2023-11-01 | $399,900 (8.6%) | $469,793 (8.7%) | 0.95 | 164 |
STATE COLLEGE's median listing price for 2023-11-01 was $399,900, a difference of
$31,675
(8.6%) versus the prior year and
$-22,050 versus the prior month.
STATE COLLEGE's median listing price comes in at 95% of the national average.
STATE COLLEGE's average listing price for 2023-11-01 was $469,793, a difference of $37,508 (8.7%) versus the prior year and $-25,988 versus the prior month.
For the 2023-11-01 period, STATE COLLEGE had 164 MLS listings, a difference of 0 listings (0%) versus the prior month and 14 listings (9%) versus the prior year.
STATE COLLEGE's median listing price comes in at 95% of the national average.
STATE COLLEGE's average listing price for 2023-11-01 was $469,793, a difference of $37,508 (8.7%) versus the prior year and $-25,988 versus the prior month.
For the 2023-11-01 period, STATE COLLEGE had 164 MLS listings, a difference of 0 listings (0%) versus the prior month and 14 listings (9%) 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 | 81 days | 1,850 sqft |
| 2018-03-01 | 52 days | 2,060 sqft |
| 2018-04-01 | 46 days | 2,038 sqft |
| 2018-05-01 | 45 days | 2,039 sqft |
| 2018-06-01 | 53 days | 2,140 sqft |
| 2018-07-01 | 65 days | 2,063 sqft |
| 2018-08-01 | 69 days | 2,130 sqft |
| 2018-09-01 | 70 days | 2,084 sqft |
| 2018-10-01 | 78 days | 2,020 sqft |
| 2018-11-01 | 79 days | 2,003 sqft |
| 2018-12-01 | 79 days | 1,900 sqft |
| 2019-01-01 | 78 days | 1,913 sqft |
| 2019-02-01 | 77 days | 2,019 sqft |
| 2019-03-01 | 52 days | 2,115 sqft |
| 2019-04-01 | 39 days | 2,212 sqft |
| 2019-05-01 | 44 days | 2,227 sqft |
| 2019-06-01 | 51 days | 2,150 sqft |
| 2019-07-01 | 54 days | 2,103 sqft |
| 2019-08-01 | 59 days | 2,080 sqft |
| 2019-09-01 | 67 days | 2,022 sqft |
| 2019-10-01 | 72 days | 1,966 sqft |
| 2019-11-01 | 73 days | 1,872 sqft |
| 2019-12-01 | 85 days | 1,775 sqft |
| 2020-01-01 | 81 days | 1,784 sqft |
| 2020-02-01 | 56 days | 1,849 sqft |
| 2020-03-01 | 40 days | 1,932 sqft |
| 2020-04-01 | 59 days | 1,944 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 | 1,715 sqft |
| 2021-05-01 | 37 days | 1,847 sqft |
| 2021-06-01 | 42 days | 1,891 sqft |
| 2021-07-01 | 41 days | 1,847 sqft |
| 2021-08-01 | 43 days | 1,882 sqft |
| 2021-09-01 | 50 days | 1,788 sqft |
| 2021-10-01 | 51 days | 1,801 sqft |
| 2021-11-01 | 59 days | 1,802 sqft |
| 2021-12-01 | 68 days | 1,855 sqft |
| 2022-01-01 | 74 days | 1,925 sqft |
| 2022-02-01 | 52 days | 1,990 sqft |
| 2022-03-01 | 32 days | 1,953 sqft |
| 2022-04-01 | 33 days | 1,925 sqft |
| 2022-05-01 | 33 days | 1,950 sqft |
| 2022-06-01 | 35 days | 1,947 sqft |
| 2022-07-01 | 36 days | 1,925 sqft |
| 2022-08-01 | 44 days | 1,971 sqft |
| 2022-09-01 | 49 days | 1,959 sqft |
| 2022-10-01 | 52 days | 1,971 sqft |
| 2022-11-01 | 57 days | 1,907 sqft |
| 2022-12-01 | 68 days | 1,923 sqft |
| 2023-01-01 | 74 days | 1,856 sqft |
| 2023-02-01 | 59 days | 1,996 sqft |
| 2023-03-01 | 33 days | 2,191 sqft |
| 2023-04-01 | 31 days | 2,250 sqft |
| 2023-05-01 | 46 days | 2,257 sqft |
| 2023-06-01 | 41 days | 2,385 sqft |
| 2023-07-01 | 37 days | 2,264 sqft |
| 2023-08-01 | 46 days | 2,263 sqft |
| 2023-09-01 | 38 days | 2,335 sqft |
| 2023-10-01 | 40 days | 2,171 sqft |
| 2023-11-01 | 43 days | 2,083 sqft |
STATE COLLEGE's median listing age (time on market) for 2023-11-01 was 43 days.
This
is -25%
shorter
than the same period one year ago.
STATE COLLEGE's median square footage for active listings during the 2023-11-01 period was 2,083 sqft. One year prior, the average listing was 1,907 sqft.
STATE COLLEGE's median square footage for active listings during the 2023-11-01 period was 2,083 sqft. One year prior, the average listing was 1,907 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 | $1,040 | $1,050 | $1,210 | $1,550 | $1,640 |
| 16666 | State College, PA | $780 | $800 | $910 | $1,220 | $1,240 |
| 16677 | State College, PA | $780 | $800 | $910 | $1,220 | $1,240 |
| 16686 | State College, PA | $780 | $800 | $910 | $1,220 | $1,240 |
| 16801 | State College, PA | $1,110 | $1,130 | $1,300 | $1,660 | $1,760 |
| 16802 | State College, PA | $1,130 | $1,150 | $1,320 | $1,680 | $1,780 |
| 16803 | State College, PA | $1,150 | $1,170 | $1,340 | $1,710 | $1,820 |
| 16804 | State College, PA | $1,040 | $1,050 | $1,210 | $1,550 | $1,640 |
| 16820 | State College, PA | $840 | $850 | $980 | $1,250 | $1,330 |
| 16822 | State College, PA | $780 | $800 | $910 | $1,220 | $1,240 |
| 16823 | State College, PA | $890 | $910 | $1,040 | $1,330 | $1,410 |
| 16826 | State College, PA | $780 | $800 | $910 | $1,220 | $1,240 |
| 16827 | State College, PA | $1,120 | $1,140 | $1,310 | $1,670 | $1,780 |
| 16828 | State College, PA | $970 | $980 | $1,130 | $1,440 | $1,530 |
| 16829 | State College, PA | $780 | $800 | $910 | $1,220 | $1,240 |
| 16832 | State College, PA | $820 | $840 | $960 | $1,230 | $1,300 |
| 16835 | State College, PA | $850 | $860 | $990 | $1,260 | $1,340 |
| 16841 | State College, PA | $810 | $820 | $940 | $1,220 | $1,270 |
| 16844 | State College, PA | $870 | $890 | $1,020 | $1,300 | $1,380 |
| 16845 | State College, PA | $780 | $800 | $910 | $1,220 | $1,240 |
| 16851 | State College, PA | $1,050 | $1,060 | $1,220 | $1,560 | $1,660 |
| 16852 | State College, PA | $830 | $840 | $970 | $1,240 | $1,310 |
| 16853 | State College, PA | $780 | $800 | $910 | $1,220 | $1,240 |
| 16854 | State College, PA | $810 | $820 | $940 | $1,220 | $1,270 |
| 16856 | State College, PA | $1,040 | $1,050 | $1,210 | $1,550 | $1,640 |
| 16859 | State College, PA | $800 | $810 | $930 | $1,220 | $1,260 |
| 16860 | State College, PA | $1,040 | $1,050 | $1,210 | $1,550 | $1,640 |
| 16864 | State College, PA | $1,040 | $1,050 | $1,210 | $1,550 | $1,640 |
| 16865 | State College, PA | $1,240 | $1,260 | $1,450 | $1,850 | $1,970 |
| 16866 | State College, PA | $780 | $800 | $910 | $1,220 | $1,240 |
| 16868 | State College, PA | $1,140 | $1,160 | $1,340 | $1,710 | $1,810 |
| 16870 | State College, PA | $840 | $850 | $980 | $1,250 | $1,330 |
| 16872 | State College, PA | $780 | $800 | $910 | $1,220 | $1,240 |
| 16874 | State College, PA | $780 | $800 | $910 | $1,220 | $1,240 |
| 16875 | State College, PA | $940 | $960 | $1,100 | $1,400 | $1,490 |
| 16877 | State College, PA | $840 | $890 | $1,040 | $1,320 | $1,420 |
| 16882 | State College, PA | $780 | $800 | $910 | $1,220 | $1,240 |
2022 Average & Median Rent Data Statistics
STATE COLLEGE, PA average 1BR rent: $925, median: $850
STATE COLLEGE, PA average 2BR rent: $1,061, median: $980
STATE COLLEGE, PA average 3BR rent: $1,376, median: $1,250
STATE COLLEGE, PA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,506 | $478,090,000 | $317,457 |
| Refi | 575 | $125,255,000 | $217,835 |
| Home Improvement | 480 | $39,010,000 | $81,271 |
| Cash Out Refi | 395 | $88,015,000 | $222,823 |
| Other | 317 | $31,725,000 | $100,079 |
State College's most frequently cited loan purpose was Home Purchase, with 1,506 originations. The 2nd most popular reason was Refi, with 575 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 752 | $179,980,000 | $239,335 |
| 4-5% | 670 | $173,530,000 | $259,000 |
| 5-6% | 642 | $171,160,000 | $266,604 |
| 2.5-3% | 349 | $74,115,000 | $212,364 |
| 6-7% | 277 | $58,895,000 | $212,617 |
| <2.5% | 260 | $44,320,000 | $170,462 |
| 7-8% | 89 | $15,135,000 | $170,056 |
| Over 8% | 35 | $2,265,000 | $64,714 |
During 2022, State College's most frequently originated rate bucket was 3-4%, with 752 originations.
Loan Sizing (STATE COLLEGE, PA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,118 | $312,330,000 | $279,365 |
| $100k-200k | 907 | $133,705,000 | $147,415 |
| $100,000 or less | 853 | $45,025,000 | $52,784 |
| $400k-600k | 273 | $128,735,000 | $471,557 |
| $600k-1000k | 99 | $70,335,000 | $710,455 |
| $Over $1MM | 23 | $71,965,000 | $3,128,913 |
STATE COLLEGE's loan sizing saw the bucket of loans from $200k-400k with 1,118 originations, totaling $312,330,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,000 | $319,250,000 | $319,250 |
| 60-80% | 741 | $234,015,000 | $315,810 |
| Under 20% | 476 | $23,550,000 | $49,475 |
| 20-40% | 433 | $48,885,000 | $112,898 |
| 40-60% | 400 | $83,680,000 | $209,200 |
| Over 100% | 20 | $7,280,000 | $364,000 |
STATE COLLEGE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,000 originations, totaling $319,250,000 in origination value.