Median Home Value
$323,500
Median Gross Rent
$1,207/mo
Homeownership Rate
61.8%
Rent as Share of Income
19.5%
Vacancy Rate
11.2%
Median Year Built
1980
Home Price Index (FHFA)
Home prices in Centre County have risen 445% since 1983, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$1,187
1 Bedroom
$1,194
2 Bedroom
$1,406
3 Bedroom
$1,760
4 Bedroom
$1,862
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.