State College Homes under $500,000

State College Homes under $500,000

Welcome to State College, Pennsylvania – a vibrant town nestled in the heart of Centre County, known for its rich history, stunning landscapes, and the prestigious Penn State University. This charming community offers a unique blend of small-town warmth and big-city amenities, making it an ideal place to call home.

State College is not just a college town; it’s a thriving hub of culture and outdoor activities. With its picturesque parks, scenic trails, and lively downtown area filled with shops, restaurants, and entertainment, residents enjoy a balanced lifestyle that caters to both relaxation and excitement. Whether you’re exploring the lush surroundings of Mount Nittany or attending a lively football game at Beaver Stadium, there’s always something to engage and inspire you.

For those in search of an affordable yet comfortable home, State College offers an impressive selection of properties priced under $500,000. From charming single-family homes to modern townhouses, there’s something to suit every taste and lifestyle. Many of these homes are situated in family-friendly neighborhoods, providing a welcoming environment for both young families and retirees alike. With competitive pricing and a strong real estate market, now is the perfect time to invest in a piece of this enchanting town.

Discover the charm of State College, where community spirit meets natural beauty, and find your dream home today! Whether you’re looking to settle down or invest, the opportunities are endless in this delightful corner of Pennsylvania.

Newest State College Homes under $500,000

743 Glenn Rd, State College
$500,000
4 Beds ⋅ 3 Baths
OPEN HOUSE - Sunday, October 11th, 11:30 AM - 1:30 PM College Heights is the closest neighborhood to the Penn State campus and this house is 2 blocks from the PSU Golf course. Leave your car at home and walk or bike to campus, downtown and Beaver Stadium. This split entry has lots of natural light from large windows and skylights. Hardwood and slate floors for easy care and cleaning. Large kitchen and dining area opens to back deck and patio. Wide hallways and large bedrooms on the main level. Lower level has paneled family room and gas fireplace. Built in bookshelves on one wall. Office or guest room and full bath. Large laundry has a sink. Large 2 car garage has a sink. Sump pump and French drain system. Nice yard with privacy. New hot water heater. Gas hot water heating and mini splits. New attic insulation is fire proof and rodent proof. Water/Sewer is $500 yr. Electric $1100 yr. Gas is $2200 yr at 68 degrees.

743 Glenn Rd, State College

Listing courtesy of Kissinger, Bigatel & Brower. Contact:

1401 S Pugh St, State College
$399,000
4 Beds ⋅ 2 Baths
Charming brick bungalow on large corner lot. Sits directly on bus route with easy access to Penn State. Just one mile from campus and walking distance to desirable Easterly Parkway Elementary, State College Area High School, and Smithfield Park. This welcoming home has been lovingly cared for by one family for over 50 years, and has four bedrooms, with the one on the main floor historically serving as an office. The house boasts custom built-in shelving on the main floor and upper level. The main floor also has beautiful hardwood floors, a large eat-in kitchen with slide-out cabinets, a full bath, and a formal dining room. Upstairs, the large master bedroom has two sizeable closets, one of them a walk-in, and the master bath has been recently updated with a walk-in shower. The second upstairs bedroom has a large walk-in cedar closet, great for seasonal storage. The third upstairs bedroom is a cozy space perfect for a kid's room. There is also a large finished basement that has been used as both a bedroom and a second living space. Outside you'll find a low-maintenance vinyl deck attached to the kitchen, with plenty of room for outdoor dining, a brick patio at ground level, a sizeable yard, and an integral garage that is also accessible from the basement.

1401 S Pugh St, State College

Listing courtesy of HomeZu by Simple Choice. Contact:

936 Oak Ridge Ave, State College
$499,000
3 Beds ⋅ 3 Baths
Distinctive Colonial Saltbox offering timeless character, impressive updates & a versatile floor plan in highly desirable Centre Hills Village. Framed by mature trees, rich exterior tones & crisp trim, the home carries a touch of New England-inspired character. Step through the front door into a delightful foyer where Brazilian walnut hardwood flooring, traditional millwork & a transom window overhead create a memorable first impression. From here, the home unfolds naturally into the spacious formal dining room, enhanced by crown molding & generous windows, a wonderful setting for holiday celebrations or evenings gathered around the table. Pocket doors connect the dining room to an inviting family room filled with personality. A dramatic floor-to-ceiling brick propane fireplace creates a striking focal point, while custom built-ins add architectural interest & useful display space. A wall of sliding glass doors draws the outdoors in, while connecting to the deck & yard beyond. The kitchen is equally suited to entertaining a crowd or everyday life. Locally crafted Shunk cabinetry is complemented by granite countertops, a classic subway tile backsplash & ceramic tile flooring. A contrasting center island adds workspace & seating while incorporating the oven & smooth cooktop, with stylish pendant lighting overhead. A convenient pot rack, abundant cabinetry & generous counter space round out this thoughtfully designed kitchen. Adding remarkable versatility to the main level is a separate guest area currently utilized by the sellers for Airbnb accommodations. With its own private exterior entrance, the 15' x 15' living room features wide-plank wood flooring & a Murphy bed, transitioning easily from daytime use to overnight accommodations. An adjoining office, separate bedroom, full bathroom & main-level laundry complete this portion of the home. A short-term rental permit is currently in place for a room & bathroom within the residence, adding appeal for those seeking dedicated guest quarters or adaptable living arrangements. A beautifully detailed staircase leads upstairs, where engineered hickory flooring continues throughout. The generously proportioned primary bedroom features charming architectural angles, crown molding & multiple windows. The remodeled full bathroom is a standout with a furniture-style dual vanity, vessel sinks, oversized tiled walk-in shower with frameless glass doors, multiple shower heads & striking blue tile accent. Built-in cabinetry provides impressive storage, while the customized walk-in closet incorporates shelving, drawers & hanging space. A second generously sized bedroom features a sloped ceiling & soft daylight. An additional full bathroom offers a furniture-style wood vanity with vessel sink, wall-mounted faucet & tiled tub/shower surround with built-in niche. Outside, a fenced side & rear yard is framed by trees, established landscaping & a spacious lawn. A composite deck with vinyl railing offers plenty of room for dining, relaxing & entertaining. Adding personality is the storybook-style garden shed, complete with a metal roof, barn-inspired doors, windows & flower boxes—practical storage with undeniable character. Additional improvements include Marvin double-pane replacement windows & a new roof installed in 2026. Distinctive redwood siding, with vinyl siding on the converted addition, complements an open-loop geothermal heat pump & central air conditioning for efficient year-round comfort. Minutes from downtown State College & Penn State University, this outstanding Centre Hills Village location keeps everyday conveniences & recreation close at hand. Enjoy easy access to Route 322 & I-99, nearby shopping, favorite eateries, Millbrook Marsh Nature Center, Slab Cabin Park & Centre Hills Country Club. Distinctive architecture, remarkable versatility & an exceptional State College location create a home that's anything but ordinary.

936 Oak Ridge Ave, State College

Listing courtesy of RE/MAX Centre Realty. Contact:

712 W Beaver Ave Unit B, State College
$389,900
3 Beds ⋅ 2 Baths
Rare opportunity to own a condo just minutes from downtown State College and Penn State University! These units seldom come on the market, making this an excellent opportunity for investors or those seeking a property in a highly convenient location. Permitted for three students, the condo includes one designated parking space and features an updated kitchen and hardwood floors throughout. The second floor includes three bedrooms, a full bathroom and a bonus vanity to help ease the morning rush. The basement offers additional versatility with egress, a half bath, and laundry, providing valuable space for storage, recreation, or additional living area. Outside, you can enjoy a front and rear courtyard. Currently leased through August 15, 2027, this property offers an established rental opportunity in a sought-after location near campus, downtown, and all that State College has to offer.

712 W Beaver Ave Unit B, State College

Listing courtesy of Kissinger, Bigatel & Brower. Contact:

1455 Ash Ave, State College
$319,900
3 Beds ⋅ 2 Baths
Welcome home to this charming 3-bedroom, 1.5-bath home at 1455 Ash Ave, blending timeless character with modern updates. Warm hardwood floors flow throughout the home, creating a welcoming feel from the moment you step inside. The beautifully renovated kitchen, completed in 2024, features crisp white cabinetry and upgraded countertops. The partially finished basement offers flexible additional space for a recreation room, home office, workout area, or storage. Outside, the fully fenced yard with low-maintenance white vinyl fencing provides a private outdoor space. Conveniently located just minutes from downtown State College and Penn State University, with easy access to shopping, dining, parks, and everyday conveniences. A great opportunity to enjoy a well-maintained home in a convenient location!

1455 Ash Ave, State College

Listing courtesy of RE/MAX Centre Realty. Contact:

382 Matilda Ave, State College
$450,000
7 Beds ⋅ 3 Baths
Looking for a State College area home for multi-generations or PSU football games and event weekends? This Lemont brick story and a half is bigger than it looks and is situated at the base of Mt. Nittany! With three fully finished floors, there is plenty of room for everyone to spread out and have their own space. Enter into a bluestone slate foyer and into the sprawling living room complete with hardwood flooring and a large picture window with views of Mt. Nittany in the background. The sizable kitchen, which boasts stainless steel appliances and ample cabinet and countertop space, and the adjacent, open dining room are perfect for gatherings. Down the hall you'll find four good sized bedrooms with hardwood flooring and a full bath. A main floor laundry room/mudroom completes the first floor. Upstairs you'll find two large bedrooms, an office, and a full bath. With the walk-out lower level separate entrance, the beginnings of a second kitchen that's been partially installed, a large bedroom, a full bath, a spacious family room, and a second laundry room, you're well on your way to having the perfect in-law suite or short term rental. There's even pre-plumbing installed for a future second full bath. The huge workshop/gym area under the garage has ample space, plentiful electric outlets, and a door to the backyard for easy access. Relax on the composite deck and enjoy gorgeous sunsets and nice views. The oversized two car garage provides plenty of room for vehicles and storage. Other features include a newer heat pump system with oil backup (2021), a newer water heater (2022), replacement windows, a water softener, and a radon mitigation system. Down the street from Mountainside Park and close to the Mt. Nittany Trailhead, walking distance to the quaint village of Lemont and its shops, restaurants, and breweries, and just a few miles to downtown State College and Penn State's campus. Enjoy this tucked away spot that's close to it all!

382 Matilda Ave, State College

Listing courtesy of RE/MAX Centre Realty. Contact:

2464 Buchenhorst Rd, State College
$325,000
3 Beds ⋅ 2 Baths
Move-in ready in Penn Hills! This 3 bedroom, 2 bath home offers an open-concept layout, hardwood floors, and a spacious custom kitchen at the heart of the home. The main level features two generously sized bedrooms and a full bath, while the lower level is dedicated to a private owner's suite complete with a full bathroom, oversized walk-in closet, and convenient access to the laundry/mudroom and integral garage. Step outside to enjoy the covered deck, where beautiful views of Happy Valley create the perfect backdrop for relaxing or entertaining. A fenced backyard provides space for pets, play, and added privacy. All this in a great location with convenient access to downtown State College, Penn State, shopping, dining, and everyday amenities. Don't miss it - schedule your tour today!

2464 Buchenhorst Rd, State College

Listing courtesy of Kissinger, Bigatel & Brower. Contact:

128 Winchester Ct, State College
$345,000
3 Beds ⋅ 3 Baths
OPEN HOUSE - Thursday, October 8th, 4:30 - 6:00 PM Welcome to effortless living in the heart of State College! This beautifully maintained 3 bed, 2.5 bath condo in Whitehall Commons offers style, convenience, and a prime location close to Penn State, Beaver Stadium, the YMCA, and popular downtown amenities. The home features a thoughtfully designed floorplan that offers comfortable flow throughout the main level. The living area boasts glass sliders that lead to a private back patio overlooking the community clubhouse. The first‑floor owner’s suite also features direct patio access, along with a spacious walk‑in closet and full ensuite bath. A stackable washer/dryer closet, convenient half bath, and a sizeable 1‑car garage add practicality to everyday living. Two more bedrooms and a full bath provide flexibility for office, hobbies or guests. Enjoy comfort year-round with efficient natural gas heat and central air, and peace of mind with a brand-new roof (2026). The HOA covers lawn care, snow removal, water, sewer, trash, basic cable, exterior maintenance, and more—providing a truly low‑maintenance lifestyle. The clubhouse is available to residents for larger get‑togethers and private events, offering a convenient and welcoming space for hosting. This home is an excellent choice for full‑time living, a second home, or a game‑day retreat. Come see all this home has to offer — schedule a tour today!

128 Winchester Ct, State College

Listing courtesy of Kissinger, Bigatel & Brower. Contact:

645 W Hillside Ave, State College
$465,000
3 Beds ⋅ 2 Baths
This home has been completely renovated to bring new life for a new family! From a lovely, covered entryway, you step inside to slate tile and plenty of space for storage and welcoming guests. The main level, upstairs and both sets of stairs have been finished with very handsome white oak floors. A new floorplan on the main level has opened the space up to blend living, dining and kitchen. Upstairs, this home is now offering a primary suite with a fully tiled walk-in shower. Two additional bedrooms are located upstairs in addition to a second full bathroom that is well appointed with tile floor and a tile bathtub surround. The entry level offers a generous family room space with a wood burning fireplace and luxury vinyl plank flooring. The interior has been completely redone from the studs out. New wiring, electric service and new HVAC components. The roof, windows, and front siding have all been replaced in the last year.

645 W Hillside Ave, State College

Listing courtesy of Kissinger, Bigatel & Brower. Contact:

222 W Beaver Ave W Ave Unit 301, State College
$275,000
1 Beds ⋅ 1 Baths
Discover this bright, nicely upgraded one bedroom one full bath end-unit apartment at Beaver Plaza in downtown State College. Extra windows fill the open living and dining area with natural light. The apartment features LVP flooring, an updated kitchen with white cabinetry and stainless-steel appliances. The apartment is rented through August 2027. A parking space adjacent to the building is available for an additional $32,000 and is also rented through August 2027. The building is well maintained, and the special assessment is nearly paid in full; see agent remarks for details. Close to Penn State, restaurants, shops, and downtown amenities, this property offers an investment opportunity and a convenient option for a student or personal use after the current lease ends. Schedule your showing today!

222 W Beaver Ave W Ave Unit 301, State College

Listing courtesy of Coldwell Banker Residential Brokerage - Princeton. Contact:

534 Clarence Ave, State College
$399,000
2 Beds ⋅ 4 Baths
Bring your toolbelt and some imagination to 534–536 Clarence Avenue, a unique duplex opportunity in the desirable College Heights neighborhood of State College. just minutes from Penn State. The property consists of two spacious one-bedroom, two-bathroom units, with a living room, kitchen, fireplace, and large windows that bring in abundant natural light. Both units have current rental permits, and 534 Clarence Avenue also carries a student rental license permitting occupancy by up to three unrelated students—an especially valuable feature in State College Borough. Each unit is separately served by public water and sewer and has its own electric, natural gas, and refuse service. The property retains many of its original mid-century features, including parquet wood flooring, fireplaces, large expanses of glass, and a shared covered carport situated between the two units. The wooded 0.29-acre lot provides mature landscaping, shade, and a private setting. The property is being offered as a renovation opportunity. Unit 536 is substantially intact and functional but would benefit from updating, while Unit 534 is an unfinished renovation and will require additional work to complete the kitchen, bathrooms, and other interior finishes. This property presents an opportunity for an investor or owner looking to renovate and reposition a well-located State College duplex.

534 Clarence Ave, State College

Listing courtesy of Kissinger, Bigatel & Brower. Contact:

133 Presidents Dr, State College
$379,900
3 Beds ⋅ 3 Baths
OPEN HOUSE Sunday 10/11 from 10:30-Noon! We Are…PENN STATE at the Penn State Village and at 133 Presidents Drive! Join the fans at your own Penn State Getaway in Happy Valley! This sweet condo comes mostly furnished and ready for the next home game weekend. A one year buyer���s home warranty is included along with a $5,000 credit for new flooring of your choice. This nicely maintained condo comes with front and back porches and a second floor balcony so you can take your pick as to where to enjoy your morning coffee. The one car garage and storage room off the back offer the perfect spot for stashing your tailgate gear or hosting a pre-game get together. Penn State Village amenities include a beautiful clubhouse with fitness center, outdoor pool and lots of space for larger gatherings. Enjoy the walking trails and ease of ownership with this well-priced condo offering a traditional floor plan and great location near restaurants, shopping and all things Happy Valley!

133 Presidents Dr, State College

Listing courtesy of Lusk & Associates Sotheby's International Realty. Contact:

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