ZIP 16856 housing market

Data through Aug 2026 · Balanced market · leverage 9

Buyer Leverage Score

Aug 2022

Months of Supply

3.1 months

Jul 2022

Days on Market

1 days

Aug 2026

Price Cut %

0.0%

Aug 2026

Sale-to-List Ratio

98.1%

Jul 2022

Expected Disaster Loss

$85

Dec 2025

What this means

Supply. There are 100% more homes for sale than the 2017-19 norm, so buyers have more to choose from than before the pandemic.
Negotiating. Buyer leverage is low (9/100; U.S.: 54) (as of Aug 2022): homes sell for about 1.9% below their final list price (as of Jul 2022); 0% of listings had a price cut (U.S.: 26%).
Disaster risk. FEMA expects about $85 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.

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Area	Home value	1-year change	Buyer leverage
State College, PA 16801	$411.8K	+2.2%	21
Bellefonte, PA 16823	$309.9K	+2.3%	24
State College, PA 16803	$417.6K	+2.2%	6
ZIP 16802	–	–	–
Philipsburg, PA 16866	$169.9K	+0.5%	46
Port Matilda, PA 16870	$436.1K	+3.8%	30
Howard, PA 16841	$279.9K	+2.4%	56
Boalsburg, PA 16827	$429.7K	+1.3%	19
Centre Hall, PA 16828	$342.6K	+1.3%	31
Spring Mills, PA 16875	$357.2K	+3.3%	62
Julian, PA 16844	$294.8K	+3.7%	44
Pennsylvania Furnace, PA 16865	$350K	+1.5%	31
Warriors Mark, PA 16877	$316K	+1.4%	22
Aaronsburg, PA 16820	$268.4K	0.0%	58
Rebersburg, PA 16872	$275.9K	+1.3%	6
Snow Shoe, PA 16874	$210.7K	+6.7%	7
Pine Grove Mills, PA 16868	$315K	+1.8%	16
Karthaus, PA 16845	$134.7K	+2.2%	1
Lemont, PA 16851	$381.7K	+1.9%	50
Millheim, PA 16854	$244K	−1.2%	21
Clarence, PA 16829	$205.3K	+5.4%	14
Moshannon, PA 16859	$217.2K	+9.2%	12
Blanchard, PA 16826	$214.2K	−0.8%	14
Woodward, PA 16882	$294.7K	+2.6%	85
Milesburg, PA 16853	$223.1K	+2.0%	3
Sandy Ridge, PA 16677	$163.1K	+1.2%	27
Coburn, PA 16832	$252.4K	+0.5%	28
Madisonburg, PA 16852	$262.6K	−1.8%	38
Fleming, PA 16835	–	–	89
Orviston, PA 16864	–	–	31