Philipsburg, PA housing market
The typical Philipsburg home is worth about $169,000, about the same as a year ago, 42% below the Pennsylvania typical home.
Home values, sales, trends and how Philipsburg compares with the towns next door — updated as new data is published.
Philipsburg at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Philipsburg | Pennsylvania |
|---|---|---|
| 2017 | $121,000 | $173,000 |
| 2018 | $129,000 | $181,000 |
| 2019 | $135,000 | $188,000 |
| 2020 | $139,000 | $198,000 |
| 2021 | $148,000 | $219,000 |
| 2022 | $159,000 | $240,000 |
| 2023 | $162,000 | $257,000 |
| 2024 | $163,000 | $268,000 |
| 2025 | $169,000 | $280,000 |
| 2026 | $167,000 | $287,000 |
| August 2026 | $169,000 | $290,000 |
4 new homes permitted in 2025
Builders were permitted 4 new homes in Philipsburg in 2025, all single-family houses, worth about $1.2 million to build. That's 1.5 per 1,000 residents, slower than across Pennsylvania (2). Over the past 10 years, Philipsburg has permitted 7 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Philipsburg gained 19 residents while 2 new homes were permitted: about 9.5 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Pennsylvania: 1.4 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $600,000 |
| 2025 | 4 | 4 | 0 | $1.2 million |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 1 | 1 | 0 | $135,000 |
| 2020 | 2 | 2 | 0 | $269,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 1 | 1 | 0 | $190,000 |
| 2010 | 1 | 1 | 0 | $340,000 |
| 2009 | 1 | 1 | 0 | $68,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 3 | 3 | 0 | $145,000 |
| 2003 | 4 | 4 | 0 | $244,000 |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 1 | 1 | 0 | $53,000 |
| 2000 | 16 | 0 | 16 | $403,000 |
How Philipsburg ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Philipsburg and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Philipsburg | $169K | +0.5% | $1,290 | 4 | $47,794 |
| Rush | — | — | $1,290 | 1 | $75,732 |
| Chester Hill | — | — | $1,290 | 0 | $47,333 |
| Decatur | — | — | $1,260 | 0 | $56,394 |
3.5 years of income
The typical Philipsburg home costs about 3.5 years of the town's median household income, about the same as across Pennsylvania (3.7).
How Philipsburg ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,290
HUD's Fair Market Rent for a two-bedroom in Philipsburg is $1,290 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Philipsburg pay a median of $645, so moving in tends to cost more than staying put. A two-bedroom takes about 32% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,110 · 4 bedrooms $1,710
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (16866; State College, PA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Philipsburg
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.