Multi-family Homes in State College, PA

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Top Reasons To Live In State College, PA In 2024

State College is located in Centre, Pennsylvania, with an estimated municipal population of 42,160 residents. All of the best foreclosed homes for sale in State College are located in the following zip code areas on 16802 16803 16801 16804 16805. The estimated population per square kilometer (.62 miles) in State College is 3,572.

Cost Of Living In State College, PA

So, about how much do homes cost in State College? The most recent median value of resident-owned homes in State College is 312,626. An estimated 25.4 percent of households in State College own their homes, with an average family size of 2.81. The median household income in State College is 34,005, with17.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in State College, the median commute time of resident workers (in minutes) is 15.4. And last, but certainly not least, are you looking for homes to rent in State College? If so, the average rent price paid by renters in State College is 1,054, according to recent statistics.

Diversity And Demographics In State College, Pennsylvania

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to State College, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in State College is 21.6, split between 53.5 percent male versus 46.5 female. The percentage of residents who report being married in State College is 16.4, with an average family size of 2.81.

The percentage of residents who report their race in State College is as follows:

White 82.4%
Black / African American 3.9%
Asian 10.9%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.3%
Other 0.3%

Looking for family-friendly neighborhoods in and/or near State College? Or maybe you are searching for 55+ active adult communities in and/or near State College?

The percentage of residents who report their age in State College is as follows:

Under 10 3.3%
Aged 10-19 25.1%
20s 47.1%
30s 7%
40s 4.3%
50s 4.4%
60s 4.4%
70s 2.4%
80+ 2.1%

Best Schools In State College, Pennsylvania

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in State College with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in State College.

Pros And Cons Of Living In State College, Pennsylvania

How do you know that living in -- or moving to -- State College is right where you need to be? Perhaps you grew up in State College or already live nearby; therefore, the decision to buy a home in State College is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to State College for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in State College:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like State College.

Reasons To Move To State College, Pennsylvania, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in State College can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in State College, meanwhile, can field multiple offers from more qualified buyers.

State College, PA Multi-family Homes Foreclosures


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