Why Live in Park Forest Village
Park Forest Village, nestled in Centre County’s Happy Valley, is a verdant neighborhood characterized by its lush tree canopy and suburban charm. The area features a variety of architectural styles, including ranch-style homes, colonials, and Tudors, with higher-density townhouses and condos along the community's edges. The neighborhood is known for its well-maintained lawns and tranquil, winding streets. Park Forest Village is part of the State College Area School District, which boasts high ratings, including the A-rated Park Forest Middle School. The district is expanding, with plans for a new middle school set to begin construction in late 2025. Residents enjoy numerous things to do, such as hiking in the Patton Township Nature Recreation Area and exploring the trails and amenities at Tom Tudek Memorial Park, which includes a dog park, horse stables, and community gardens. Shopping and dining options are abundant along North Atherton Street, featuring national retailers like Trader Joe’s, Target, and Walmart, as well as local restaurants and breweries. The neighborhood is conveniently located near major employers like Penn State University and Mount Nittany Medical Center, both less than 5 miles away. Public transportation is accessible via Centre Area Transportation Authority buses, and bike lanes connect various parts of State College. Park Forest Village also hosts community events and fundraisers, such as the Race to Neverland at Tudek Park. Crime rates in the area are lower than the national average. The area experiences four distinct seasons, and while most of the community is not prone to flooding, buyers should consult maps for specific flood risks.
Home Trends in Park Forest Village, PA
On average, homes in Park Forest Village, PA sell after 22 days on the market compared to the national average of 50 days. The median sale price for homes in Park Forest Village, PA over the last 12 months is $324,750, down 24% from the median home sale price over the previous 12 months.
Median Sale Price
$324,750
Median Single Family Sale Price
$328,000
Median 2 Bedroom Sale Price
$195,000
Average Price Per Sq Ft
$158
Number of Homes for Sale
3
Last 12 months Home Sales
26
Median List Price
$328,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-24%