16854
Millheim, Pennsylvania.
Millheim, Centre County, PA · State College, PA metro · population 883
to buy the typical home at today's mortgage rate — +$634 (+101%) since Jan 2020.
- 1 year
- Down $2,284 -1%
- $242,702$240,418 since Sep 2025
- 5 years
- Up $45,346 +23%
- $195,073$240,418 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 16854$1,262
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in zip 16854 fell 0.9% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Millheim, PA — measured over the city limits, which is a different area from this zip.
Typical home value — 16854
Mid-tier homes, smoothed and seasonally adjusted.
- 16854$240,418
- State College$351,715
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 4.0 | 16832 | Coburn | 224 | — | $247,830 |
| 4.4 | 16852 | Madisonburg | 203 | — | $264,222 |
| 4.7 | 16820 | Aaronsburg | 1,457 | — | $267,595 |
| 6.2 | 16875 | Spring Mills | 3,708 | — | $357,474 |
| 7.0 | 16882 | Woodward | 429 | — | $291,300 |
| 7.6 | 16872 | Rebersburg | 1,430 | — | $273,517 |
| 9.3 | 17063 | Milroy | 3,177 | — | $200,444 |
| 12.8 | 17747 | Loganton | 3,421 | — | $234,562 |
| 12.9 | 16826 | Blanchard | 439 | — | $212,578 |
| 13.0 | 16828 | Centre Hall | 5,000 | — | $340,352 |
| 13.3 | 17841 | McClure | 4,896 | — | $216,495 |
| 13.4 | 17845 | Millmont | 2,058 | — | $248,079 |
| 14.8 | 16841 | Howard | 6,477 | — | $279,885 |
| 15.5 | 16823 | Bellefonte | 29,126 | $1,513 | $311,349 |
| 16.5 | 17751 | Mill Hall | 7,431 | — | $224,804 |
| 16.6 | 17812 | Beaver Springs | 1,378 | — | $209,110 |
| 16.6 | 17084 | Reedsville | 4,683 | — | $246,216 |
| 16.7 | 16853 | Milesburg | 242 | — | $221,779 |
| 17.3 | 17813 | Beavertown | 2,028 | — | $214,697 |
| 18.2 | 16851 | Lemont | 974 | — | $382,732 |
| 18.2 | 17099 | Yeagertown | 1,187 | — | $152,322 |
| 18.3 | 16827 | Boalsburg | 5,123 | — | $428,501 |
| 18.7 | 17009 | Burnham | 1,765 | — | $153,887 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.