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CENTRE HALL, PA 16828

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CENTRE HALL, PA real estate market (16828) currently shows 15 active listings, with 3 pending sales. Homes are averaging 111 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 111 days on market compared to 83 days last year.

The median listing price has fallen 40.4% year-over-year, from $549,900 to $327,500.

Whether you are buying or selling in CENTRE HALL, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 4,849  ·  Density: 33.6/mi²  ·  Median household income: $68,368

Typical home value: $271,999  ·  Homeownership: 86.9%

Market Overview

Active Listings
15
⇧ 15.4% vs 13 last year
Pending
3
20% pending ratio
Median Price
$327,500
⇩ 40.4% vs $549,900 last year
Average Price
$470,456
⇩ 15.8% vs $558,527 last year
Days on Market
111
⇧ 33.7% vs 83 days last year

Price Per Square Foot

Median $/sqft
$202
⇩ 22.3% vs $260/sqft last year
Median Home Size
1,799 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 13 last year
  • Days on market: 111 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $327,500 (-40.4% YoY)
  • Average: $470,456 (-15.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.2 miles — 251 listings ($132,173,008 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16828Centre Hall, PA 168280.0 mi12$5,620,548$412,495$468,379
16851Lemont, PA 168515.8 mi3$1,213,350$404,450$404,450
16801State College, PA 168018.0 mi82$77,260,646$885,000$942,203
16823Bellefonte, PA 168239.2 mi62$27,119,978$387,490$437,419
17063Milroy, PA 1706311.8 mi16$3,710,160$235,000$231,885
16852Madisonburg, PA 1685212.0 mi5$2,245,000$449,000$449,000
16854Millheim, PA 1685413.0 mi4$1,195,120$325,000$298,780
17004Belleville, PA 1700414.5 mi5$1,499,500$299,900$299,900
16669Petersburg, PA 1666915.3 mi5$695,000$139,000$139,000
16841Howard, PA 1684115.7 mi6$3,026,358$619,500$504,393
17044Lewistown, PA 1704416.4 mi42$7,036,848$160,000$167,544
17841McClure, PA 1784118.3 mi7$1,223,600$186,950$174,800
16874Snow Shoe, PA 1687419.2 mi2$326,900$163,450$163,450

Frequently Asked Questions

How many homes are for sale in CENTRE HALL, PA 16828?

As of February 2026, there are 15 active listings in CENTRE HALL, PA (zip code 16828), compared to 13 the prior year.

What is the median home price in CENTRE HALL, PA 16828?

The median listing price in CENTRE HALL, PA 16828 is $327,500 as of February 2026, a 40.4% decrease from $549,900 the prior year.

How long do homes stay on the market in CENTRE HALL, PA?

Homes in CENTRE HALL, PA 16828 spend an average of 111 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in CENTRE HALL, PA 16828?

Based on current inventory and days-on-market data as of February 2026, CENTRE HALL, PA 16828 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 111 days on market compared to 83 days last year.

How much can I save on real estate commission in CENTRE HALL, PA?

With SELL123.com's maximum 3% commission, sellers in CENTRE HALL, PA 16828 save an estimated $6,550 compared to a typical 5% commission on the median listing price of $327,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.