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Brockerhoff Heights II

BELLEFONTE, PA 16823

Real Estate Market Report  ·  Centre County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
62
⇧ 17% vs 53 last year
Pending
33
53% pending ratio
Median Price
$387,490
⇧ 11% vs $349,000 last year
Average Price
$437,419
⇧ 16.6% vs $375,180 last year
Days on Market
78
⇩ 1.3% vs 79 days last year

Market Context

Population: 29,145  ·  Density: 90.5/mi²  ·  Median household income: $77,087

Typical home value: $244,267  ·  Homeownership: 72.8%

Market Analysis

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

The BELLEFONTE, PA real estate market (16823) currently shows 62 active listings, with 33 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 78 days on market compared to 79 days last year.

The median listing price has risen 11% year-over-year, from $349,000 to $387,490.

Whether you are buying or selling in BELLEFONTE, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 62 this year vs 53 last year
  • Days on market: 78 now vs 79 last year

Median & Average Pricing

Year over Year
  • Median: $387,490 (+11% YoY)
  • Average: $437,419 (+16.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.0 miles — 166 listings ($79,119,617 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16823Bellefonte, PA 168230.0 mi62$27,119,978$387,490$437,419
16841Howard, PA 168418.4 mi6$3,026,358$619,500$504,393
16828Centre Hall, PA 168289.2 mi12$5,620,548$412,495$468,379
16803State College, PA 1680310.6 mi33$25,780,359$489,900$781,223
16827Boalsburg, PA 1682711.2 mi6$5,165,700$860,950$860,950
16852Madisonburg, PA 1685211.9 mi5$2,245,000$449,000$449,000
16848Lamar, PA 1684813.5 mi1$207,900$207,900$207,900
16854Millheim, PA 1685415.5 mi4$1,195,120$325,000$298,780
16859Moshannon, PA 1685916.3 mi1$305,000$305,000$305,000
16865Pennsylvania Furnace, PA 1686517.6 mi2$720,000$360,000$360,000
17751Mill Hall, PA 1775118.6 mi13$3,328,494$194,250$256,038
17063Milroy, PA 1706319.1 mi16$3,710,160$235,000$231,885
16669Petersburg, PA 1666920.0 mi5$695,000$139,000$139,000

Frequently Asked Questions

How many homes are for sale in BELLEFONTE, PA 16823?

As of January 2026, there are 62 active listings in BELLEFONTE, PA (zip code 16823), compared to 53 the prior year.

What is the median home price in BELLEFONTE, PA 16823?

The median listing price in BELLEFONTE, PA 16823 is $387,490 as of January 2026, a 11% increase from $349,000 the prior year.

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

Homes in BELLEFONTE, PA 16823 spend an average of 78 days on the market before going under contract, compared to 79 days the prior year.

Is it a seller's or buyer's market in BELLEFONTE, PA 16823?

Based on current inventory and days-on-market data as of January 2026, BELLEFONTE, PA 16823 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 78 days on market compared to 79 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BELLEFONTE, PA 16823 save an estimated $7,750 compared to a typical 5% commission on the median listing price of $387,490. 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.