Real Estate Data

Centre County MLS Report - March 16, 2020

5 Centre County School Districts'* Active Residential Listings as of March 16, 2020: 251

Average List Price of Active Listings: ­$389,810

Average Days on Market of Active Listings:­ 94

Residential Sales Activity for March 8, 2020 - March 14, 2020

New Listings:­ 37 Listings that Pended: 36 Listings that Closed:­ 22
State College School District: 21 State College School District: 17 State College School District: 13
Bellefonte School District: 6 Bellefonte School District: 12 Bellefonte School District: 6
Other School District: 10 Other School District: 7 Other School District: 3
Average List Price: ­$350,408 Average List Price: ­$279,991 Average Closed Price: ­$317,925
N/A ...

Centre County MLS Report - March 9, 2020

5 Centre County School Districts'* Active Residential Listings as of March 9, 2020: 232

Average List Price of Active Listings: ­$373,274

Average Days on Market of Active Listings:­ 91

Residential Sales Activity for March 1, 2020 - March 7, 2020

New Listings:­ 52 Listings that Pended: 40 Listings that Closed:­ 16
State College School District: 36 State College School District: 19 State College School District: 16
Bellefonte School District: 8 Bellefonte School District: 15 Bellefonte School District: 8
Other School District: 8 Other School District: 6 Other School District: 5
Average List Price: ­$34,675 Average List Price: ­$278,680 Average Closed Price: ­$286,474
N/A Average...

Centre County MLS Report - March 2, 2020

5 Centre County School Districts'* Active Residential Listings as of February 29, 2020: 229

Average List Price of Active Listings: ­$386,081

Average Days on Market of Active Listings:­ 95

Residential Sales Activity for February 23, 2020 - February 29, 2020

New Listings:­ 40 Listings that Pended: 33 Listings that Closed:­ 17
State College School District: 24 State College School District: 17 State College School District: 7
Bellefonte School District: 7 Bellefonte School District: 7 Bellefonte School District: 4
Other School District: 9 Other School District: 9 Other School District: 6
Average List Price: ­$342,545 Average List Price: ­$331,314 Average Closed Price: ­$321,960
N/A ...

Centre County MLS Report - February 24, 2020

5 Centre County School Districts'* Active Residential Listings as of February 24, 2020: 229

Average List Price of Active Listings: ­$373,680

Average Days on Market of Active Listings:­ 99

Residential Sales Activity for February 16, 2020 - February 24, 2020

...
New Listings:­ 39 Listings that Pended: 31 Listings that Closed:­ 18
State College School District: 21 State College School District: 19 State College School District: 13
Bellefonte School District: 10 Bellefonte School District: 9 Bellefonte School District: 3
Other School District: 8 Other School District: 3 Other School District: 2
Average List Price: ­$342,545 Average List Price: ­$331,314 Average Closed Price: ­$321,960
N/A

Centre County MLS Report - February 17, 2020

5 Centre County School Districts'* Active Residential Listings as of February 17, 2020: 215

Average List Price of Active Listings: ­$376,851

Average Days on Market of Active Listings:­ 106

Residential Sales Activity for February 9, 2020 - February 15, 2020

New Listings:­ 38 Listings that Pended: 35 Listings that Closed:­ 19
State College School District: 21 State College School District: 21 State College School District: 9
Bellefonte School District: 8 Bellefonte School District: 10 Bellefonte School District: 5
Other School District: 9 Other School District: 4 Other School District: 5
Average List Price: ­$349,459 Average List Price: ­$285,720 Average Closed Price: ­$241,266
N/A ...

Centre County MLS Report - February 3, 2020

5 Centre County School Districts'* Active Residential Listings as of February 3, 2020: 200

Average List Price of Active Listings: ­$372,521

Average Days on Market of Active Listings:­ 116

Residential Sales Activity for January 26, 2020 - February 1, 2020

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New Listings:­ 25 Listings that Pended: 34 Listings that Closed:­ 19
State College School District: 10 State College School District: 23 State College School District: 10
Bellefonte School District: 3 Bellefonte School District: 5 Bellefonte School District: 2
Other School District: 6 Other School District: 6 Other School District: 7
Average List Price: ­$425,156 Average List Price: ­$264,176

Centre County MLS Report - January 27, 2020

5 Centre County School Districts'* Active Residential Listings as of January 27, 2020: 205

Average List Price of Active Listings: ­$346,961

Average Days on Market of Active Listings:­ 128

Residential Sales Activity for January 19, 2020 - January 25, 2020

New Listings:­ 28 Listings that Pended: 28 Listings that Closed:­ 22
State College School District: 20 State College School District: 13 State College School District: 10
Bellefonte School District: 2 Bellefonte School District: 9 Bellefonte School District: 7
Other School District: 6 Other School District: 6 Other School District: 5
Average List Price: ­$334,373 Average List Price: ­$253,159 Average Closed Price: ­$263,497
N/A Average...

Centre County MLS Report - January 20, 2020

5 Centre County School Districts'* Active Residential Listings as of January 20, 2020: 209

Average List Price of Active Listings: ­$334,855

Average Days on Market of Active Listings:­ 127

Residential Sales Activity for January 12, 2020 - January 19, 2020

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New Listings:­ 21 Listings that Pended: 29 Listings that Closed:­ 19
State College School District: 10 State College School District: 14 State College School District: 9
Bellefonte School District: 5 Bellefonte School District: 9 Bellefonte School District: 7
Other School District: 6 Other School District: 6 Other School District: 3
Average List Price: ­$337,756

Local Housing Trends: Renting vs. Buying

At some point, you’re going to ask yourself: Should I buy instead of rent?

It’s a complex question that includes a variety of factors. Buying is a smart choice for many, but not always the best deal, depending on the market you live in and other factors like how long you plan to live there, the size of the home you plan to purchase, and more.

Consider the following points before you decide to buy:

  • It’s a big investment. You’ll have to put down a substantial amount of money for your down payment (generally three to 20 percent) and closing costs (which can cost up to three percent of the home’s purchase price).
  • Can you get approved? Your debt-to-income ration is important for lenders to see how your debts stack up against your pay. Traditionally, lenders use the 28/36 rule,...

Centre County MLS Report - January 13, 2020

5 Centre County School Districts'* Active Residential Listings as of January 13, 2020: 216

Average List Price of Active Listings: ­$334,076

Average Days on Market of Active Listings:­ 124

Residential Sales Activity for January 5, 2020 - January 11, 2020

New Listings:­ 27 Listings that Pended: 25 Listings that Closed:­ 23
State College School District: 14 State College School District: 11 State College School District: 12
Bellefonte School District: 7 Bellefonte School District: 7 Bellefonte School District: 4
Other School District: 6 Other School District: 7 Other School District: 7
Average List Price: ­$319,520 Average...