16870 — Centre County, Pennsylvania Market Snapshot
Housing market data for zip code 16870 in Centre County, Pennsylvania. Updated monthly with median prices, days on market, and more.
Market Sales Data
18 sales in 2026 (year to date)
Median Sale Price
$461,750
Days to Sell
14
Homes Sold
18
Inventory
17
Sale-to-List
98.3%
New Listings
25
Price/SqFt
$195
Pending Sales
22
Conforming Loan Available
Most homebuyers in 16870 can comfortably use conventional financing. The median home price of $461,750 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
Homes in 16870 are moving quickly at 14 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 16870 (98.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 16870 can comfortably use conventional financing. The median home price of $461,750 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 16870 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 16870
To purchase the median home at $461,750 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,688.
Monthly Payment
$3,688
Income Required
$158,048
Principal & Interest
$2,845/mo
Down Payment (5%)
$23,088
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 16870.
Estimated Monthly Payment
$3,008
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