State College ranked #1 housing market in PA for return on investment

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CENTRE COUNTY, Pa. (WTAJ) — A Centre County community is climbing some local charts. According to a recent ranking by The Wall Street Journal and Realtor.com, State College is the number one housing market in Pennsylvania based on return on investment, and being a generally nice place to live.

When ranking the housing markets, the resources took into account:

  • Real-Estate Supply
  • Real-Estate Demand
  • Median Home Listing Price Trend
  • Unemployment
  • Wages
  • Regional price parities
  • Amenities
  • Commute
  • Small Businesses

Looking at the Pennsylvania rankings nationally:

  1. State College
  2. Harrisburg-Carlisle
  3. Allentown-Bethlehem-Easton
  4. Lancaster
  5. Reading
  6. Chambersburg-Waynesboro
  7. East Stroudsburg
  8. Scranton-Wilkes-Barre-Hazleton
  9. Erie
  10. Lebanon
  11. Philadelphia-Camden-Wilmington
  12. Pittsburgh
  13. Pottsville
  14. Johnstown

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