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MILLHEIM, PA 16854

Real Estate Market Report  ·  Centre County
Seller's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The MILLHEIM, PA real estate market (16854) currently shows 5 active listings, with 1 pending sales. Homes are averaging 23 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 23 days on market compared to 39 days last year.

The median listing price has risen 24.1% year-over-year, from $225,000 to $279,225.

Whether you are buying or selling in MILLHEIM, 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: 737  ·  Density: 111.2/mi²  ·  Median household income: $61,250

Typical home value: $208,214  ·  Homeownership: 83.0%

Market Overview

Active Listings
5
⇩ 16.7% vs 6 last year
Pending
1
20% pending ratio
Median Price
$279,225
⇧ 24.1% vs $225,000 last year
Average Price
$283,853
⇧ 27.6% vs $222,500 last year
Days on Market
23
⇩ 41% vs 39 days last year

Price Per Square Foot

Median $/sqft
$120
⇩ 19.5% vs $149/sqft last year
Median Home Size
2,168 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 6 last year
  • Days on market: 23 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $279,225 (+24.1% YoY)
  • Average: $283,853 (+27.6% 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
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 21.6 miles — 163 listings ($116,936,023 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
16854Millheim, PA 168540.0 mi3$1,027,350$342,450$342,450
16820Aaronsburg, PA 168204.7 mi3$1,293,900$289,900$431,300
16872Rebersburg, PA 168727.6 mi2$508,800$254,400$254,400
17747Loganton, PA 1774712.8 mi5$2,556,125$449,450$511,225
17841McClure, PA 1784113.3 mi5$1,945,000$389,000$389,000
16841Howard, PA 1684114.8 mi7$3,469,830$605,725$495,690
17751Mill Hall, PA 1775116.5 mi16$5,159,168$299,250$322,448
17084Reedsville, PA 1708416.6 mi7$995,610$129,900$142,230
16851Lemont, PA 1685118.2 mi3$1,183,350$394,450$394,450
16827Boalsburg, PA 1682718.4 mi8$6,257,984$623,450$782,248
17049McAlisterville, PA 1704920.3 mi2$420,000$210,000$210,000
16801State College, PA 1680120.8 mi90$83,637,990$855,000$929,311
17059Mifflintown, PA 1705921.6 mi12$8,480,916$164,900$706,743

Frequently Asked Questions

How many homes are for sale in MILLHEIM, PA 16854?

As of April 2026, there are 5 active listings in MILLHEIM, PA (zip code 16854), compared to 6 the prior year.

What is the median home price in MILLHEIM, PA 16854?

The median listing price in MILLHEIM, PA 16854 is $279,225 as of April 2026, a 24.1% increase from $225,000 the prior year.

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

Homes in MILLHEIM, PA 16854 spend an average of 23 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in MILLHEIM, PA 16854?

Based on current inventory and days-on-market data as of April 2026, MILLHEIM, PA 16854 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 23 days on market compared to 39 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MILLHEIM, PA 16854 save an estimated $5,585 compared to a typical 5% commission on the median listing price of $279,225. 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.