Is Centre Hall, PA 16828 a buyer’s or seller’s market?

The Centre Hall housing market right now

In the three months ending August 31, 2026, 20% of homes in Centre Hall, PA 16828 sold above their list price, the typical home went under contract in 49 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (114 days then) and the median sale price fell 29% to $295,872. Overall, Centre Hall is more competitive than a year ago, so tougher for buyers.

Within Centre County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in 63%.

Nearby, buyers who want less competition could look at Pine Grove Mills 16868 (0% sold over asking) or Milesburg 16853 (0% sold over asking), while Karthaus 16845 (100% sold over asking) and Moshannon 16859 (50% sold over asking) are even more competitive.