Similar to its surrounding areas, it is significantly less expensive compared to the entire country. Compared to the city of State College, it's substantially less expensive.
Home prices
The median home in Philipsburg is valued at $102,500. It is approximately $4,500 (4%) higher in comparison to the surrounding areas.In comparison to the rest of the country it is about $115,000 (52%) lower, and in comparison to the city of State College is roughly $209,900 (67%) lower.
Rents
Philipsburg's median monthly rent is $615. This is roughly $109 (15%) lower compared to the surrounding areas.It is approximately $447 (42%) lower in comparison to the entire nation, and is about $439 (41%) lower in comparison to the city of State College.
Nearby places
South Philipsburg
South Philipsburg is Philipsburg's neighbor to the south. The real estate prices there are similar. The price of the median home in South Philipsburg is $106,800, which comes out to $4,300 (4%) higher than Philipsburg. Rent there is somewhat more expensive. In South Philipsburg the median rent is $874 a month, which comes out to $259 (29%) higher than Philipsburg.
Chester Hill
Chester Hill is Philipsburg's neighbor to the southwest. Housing prices there are a little less expensive. The cost of the median home in Chester Hill is $91,700, which comes out to $10,800 (11%) lower than Philipsburg. Rents there are somewhat less expensive. The median rent in Chester Hill is $570 a month, which works out to $45 (7%) lower than Philipsburg.
North Philipsburg
North Philipsburg is Philipsburg's neighbor to the north. Real estate prices there are a little more expensive. The median home in North Philipsburg costs $112,600, which is $10,100 (8%) higher than Philipsburg. The rent there is a bit more expensive. The median monthly rent in North Philipsburg is $720, which works out to $105 (14%) higher than Philipsburg.
Morrisdale
Morrisdale is about 3 miles north of Philipsburg. Its housing prices are fairly similar. The median home value in Morrisdale is $101,700, which is very similar to Philipsburg. The rent there is somewhat more expensive. In Morrisdale the median monthly rent is $780, which works out to $165 (21%) higher than Philipsburg.
Osceola Mills
Osceola Mills is roughly 3 miles southwest from Philipsburg. The housing prices there are significantly less expensive. The median home in Osceola Mills is valued at $77,200, which works out to $25,300 (32%) lower than Philipsburg. Rents there are a bit more expensive. The median monthly rent in Osceola Mills is $675, which is $60 (8%) higher than Philipsburg.
