Mortgage payment estimates, closing cost breakdowns, and homebuying data for State College, Pennsylvania.
Pre-filled with State College median home price and Pennsylvania tax/insurance rates. Adjust for your property.
Estimated closing costs based on Pennsylvania rates and fees applied to State College prices.
The median home price in State College is $325,000, 16% above the Pennsylvania state median of $280,000. With a population of 42,034, State College is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Pennsylvania average 1.36% annually. This moderate property tax rate means a $325,000 home in State College would carry roughly $368/month in property taxes. Homeowners insurance in Pennsylvania runs approximately $1,400 per year. This is within the normal range nationally.
Average rent in State College is $1,350/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
State College presents moderate affordability. The $325K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.