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CENTRE HALL, PA 16828

Real Estate Market Report  ·  Centre County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The CENTRE HALL, PA real estate market (16828) currently shows 20 active listings, with 7 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 85 days on market compared to 32 days last year.

The median listing price has fallen 22.1% year-over-year, from $402,450 to $313,450.

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
20
⇧ 42.9% vs 14 last year
Pending
7
35% pending ratio
Median Price
$313,450
⇩ 22.1% vs $402,450 last year
Average Price
$417,277
⇩ 18.2% vs $510,188 last year
Days on Market
85
⇧ 165.6% vs 32 days last year

Price Per Square Foot

Median $/sqft
$188
⇩ 30.9% vs $272/sqft last year
Median Home Size
1,736 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 14 last year
  • Days on market: 85 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $313,450 (-22.1% YoY)
  • Average: $417,277 (-18.2% 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 20.4 miles — 232 listings ($151,386,414 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16828Centre Hall, PA 168280.0 mi15$7,056,840$327,500$470,456
16851Lemont, PA 168515.8 mi3$1,183,350$394,450$394,450
16801State College, PA 168018.0 mi90$83,637,990$855,000$929,311
16823Bellefonte, PA 168239.2 mi62$28,130,020$429,700$453,710
17063Milroy, PA 1706311.8 mi16$3,797,424$235,000$237,339
16852Madisonburg, PA 1685212.0 mi5$2,132,500$449,000$426,500
16854Millheim, PA 1685413.0 mi3$1,027,350$342,450$342,450
17004Belleville, PA 1700414.5 mi3$899,700$299,900$299,900
16669Petersburg, PA 1666915.3 mi3$658,350$219,450$219,450
16841Howard, PA 1684115.7 mi7$3,469,830$605,725$495,690
16820Aaronsburg, PA 1682017.7 mi3$1,293,900$289,900$431,300
16870Port Matilda, PA 1687018.8 mi20$17,334,260$626,250$866,713
16877Warriors Mark, PA 1687720.4 mi2$764,900$382,450$382,450

Frequently Asked Questions

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

As of March 2026, there are 20 active listings in CENTRE HALL, PA (zip code 16828), compared to 14 the prior year.

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

The median listing price in CENTRE HALL, PA 16828 is $313,450 as of March 2026, a 22.1% decrease from $402,450 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 85 days on the market before going under contract, compared to 32 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 March 2026, CENTRE HALL, PA 16828 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 32 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 $6,269 compared to a typical 5% commission on the median listing price of $313,450. 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.