Philipsburg, Philipsburg, PA
Philipsburg — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Philipsburg, Philipsburg, Pennsylvania. Explore the cited sources and local facts below while agent underwriting continues.
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Philipsburg Neighborhood Overview
Philipsburg is a historic borough in Centre County, Pennsylvania, situated along the West Branch of the Susquehanna River. Founded in the late 18th century, its development was closely tied to the region's coal and railroad industries. Today, it offers residents a quiet, community-oriented lifestyle with access to the natural beauty of the surrounding Appalachian landscape.
Lifestyle & Amenities
The community maintains a classic small-town atmosphere with a walkable downtown area featuring local shops and eateries. Residents enjoy proximity to outdoor recreation, including the nearby Black Moshannon State Park, which offers hiking, boating, and fishing. Annual community events and a strong sense of local history contribute to the borough's cohesive character.
Real Estate Market
The Philipsburg real estate market is notably affordable, with a U.S. Census median home value of $122,000. The majority of residents are homeowners, with a homeownership rate of 69%. Rental options are also very affordable, with the median gross rent reported at $623 per month.
Schools & Education
Philipsburg is served by the Philipsburg-Osceola Area School District. Specific performance data and detailed information on individual schools within the district are not readily available for this profile. Families are encouraged to contact the district directly for the most current information on educational programs.
Transportation & Connectivity
Philipsburg is primarily accessible by car, with U.S. Route 322 serving as a major artery connecting the borough to State College and Interstate 80. The community's layout is generally walkable for daily needs within the borough limits. Public transportation options are limited, making personal vehicles the most common mode of transit for most residents.
Why Choose Philipsburg
Philipsburg appeals to those seeking an affordable, tight-knit community with deep historical roots. The combination of very low housing costs, a median household income of $50,864, and access to pristine state parkland provides a balanced quality of life. It is an ideal choice for homebuyers, outdoor enthusiasts, and anyone valuing a slower-paced, traditional Pennsylvania borough.
Philipsburg Market Data
| Metric | Value |
|---|---|
| Median Home Price | $122K |
| Median Gross Rent | $623/mo |
| Median Household Income | $51K |
| Homeownership Rate | 68.5% |
| Renter-Occupied | 31.5% |
| Rental Vacancy Rate | 5.1% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 16866 |
Top Real Estate Agents in Philipsburg, Philipsburg
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Data Provenance
- State Licensing: Pennsylvania Real Estate Commission — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15