16686 — Centre County, Pennsylvania Market Snapshot
Housing market data for zip code 16686 in Centre County, Pennsylvania. Updated monthly with median prices, days on market, and more.
Market Sales Data
26 sales in 2026 (year to date)
Median Sale Price
$189,950
Days to Sell
13
Homes Sold
26
Inventory
11
Sale-to-List
94.8%
New Listings
25
Price/SqFt
$97
Pending Sales
28
Conforming Loan Available
Most homebuyers in 16686 can comfortably use conventional financing. The median home price of $189,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
16686 is an extremely competitive market with homes selling in just 13 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
The average home in 16686 sells for 5.2% below asking price (94.8% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 16686 can comfortably use conventional financing. The median home price of $189,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 16686 are set at the county level.
2026 Loan Limits — Centre County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 16686
To purchase the median home at $189,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,605.
Monthly Payment
$1,605
Income Required
$68,800
Principal & Interest
$1,170/mo
Down Payment (5%)
$9,498
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 16686.
Estimated Monthly Payment
$1,326
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