$3,977 Closing Credit*
$334,900
1,508 SqFt
3 Beds
•2 Full Baths
Steven Bodner, Listing Office: RE/MAX Centre Realty
Is College Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, College Township has remained a Seller's Market.
Key Takeaway
College Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in College Township, PA
How much do homes in College Township, PA cost?
Median Sold Price
$400,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,500(+5.1%)
Key Takeaway
Homes in College Township have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in College Township was $400,000 in October 2024, up 5.1% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133K | $169.9K | +27.7% |
| 2 Bedrooms | $248.7K | $290K | +16.6% |
| 3 Bedrooms | $335K | $350K | +4.5% |
| 4 Bedrooms | $449.9K | $547.5K | +21.7% |
| 5+ Bedrooms | $618K | $750K | +21.4% |
Summary: College Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.7%, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 21.4%.
Median Sold Price Compared To Nearby Cities
| Boalsburg | $396.6K | $430K | +8.4% |
| College Township | $380.5K | $400K | +5.1% |
| State College | $399.2K | $395.6K | -0.9% |
Housing Supply in College Township, PA
How many homes are available in College Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 45 | +2.3% |
Summary: The College Township real estate market had 45 homes for sale in October 2024, a 2.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 19 | 16 | -15.8% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The College Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in College Township, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in College Township in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 89% were sold under asking, 0% were sold at asking, and 11% were sold over asking.
Days on Market for College Township, PA
How long does it take to sell a home in College Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 73 Days | +152.1% |
Summary: Homes in College Township had an average of 73 days on market in Oct 2024, up by 152.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in College Township has remained consistent over time.
Summary: During October 2024, 9 homes were sold in College Township; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
