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Home values, rents and more in ZIP code 16823 (Bellefonte, PA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$311,000
Metro: $352,000 · U.S.: $366,000
Home values, past year
+2.2%
Metro: +2.4% · U.S.: +1.2%
Population
29,126
ACS 2020–24
Median household income
$76,245
Metro: $74,291 · U.S.: $80,734
ZIP codes around 16823, shaded by typical home value1682316841177511686617063168451687516822168701684416828168291687416801
  • Under $190k
  • $190k–$220k
  • $220k–$250k
  • $250k–$310k
  • $310k+
  • No data
ZIP codes around 16823, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 16823 is outlined.

How 16823 compares

The typical home in ZIP code 16823 (Bellefonte, PA) is worth about $311,000, according to the Zillow Home Value Index for September 2026. Home values in 16823 are 11% below the typical value in the State College metro area ($352,000) and 15% below the U.S. typical value ($366,000).

Over the past year, home values in 16823 rose 2.2%, compared with +2.4% in the State College metro area and +1.2% nationally.

The median household income is $76,245, against $74,291 in the State College metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 29,126 people live in 16823 (American Community Survey 2020–24).

16823 has the 11th-highest typical home value of the 27 ZIP codes in the State College metro area and the 403rd-highest of 1,360 in Pennsylvania with Zillow figures.

Part of: Bellefonte, PA · Centre County, PA · State College metro area · Pennsylvania

More for 16823 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 16823 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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