Comprehensive market data and analysis• Updated Dec 2025
4.8 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 12 | 31 | 92 |
| 1-2 acres | - | 3 | 7 | 15 |
| 2-5 acres | - | 3 | 13 | 28 |
| 5-10 acres | 1 | 3 | 4 | 9 |
| 10-20 acres | 2 | 2 | 8 | 12 |
| 20-50 acres | - | 3 | 5 | 9 |
| 50-100 acres | - | - | 3 | 9 |
| 100+ acres | 2 | 2 | 2 | 2 |
| TOTAL | 6 | 28 | 73 | 176 |
Acreage buckets
The median price for land in Centre County, Pennsylvania is currently $93K per acre. For a typical parcel, the median sale price is $295K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $39K while premium lots reached $516K.
Centre County, Pennsylvania is currently a seller's market with 4.8 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 107.5% year-over-year.
Centre County, Pennsylvania currently has 4.8 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Land in Centre County, Pennsylvania typically sells within 93 days of listing. The median time on market is 46 days. Properties are moving at a moderate pace in the current seller's market.
Land in Centre County, Pennsylvania averages $497K per acre. The median price per acre is $93K, which may be more representative of typical transactions. Most parcels sold are around 39,857 sq ft.
The current absorption rate in Centre County, Pennsylvania is 20.8% (3-month basis), indicating strong demand. With appreciating values (+107.5% YoY), the market shows growth potential. The top-performing broker in this market is Kissinger, Bigatel & Brower.
Over the past 12 months, Centre County, Pennsylvania saw 247 properties sold, totaling $75.0M in sales volume. In just the last 3 months, 45 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
