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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Centre Hall offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Centre Hall, PA presents an attractive short-term rental opportunity driven by sharply seasonal demand — likely tied to Penn State University events and central Pennsylvania's outdoor recreation. With an average daily rate of $370 (above the $350 state average) and an above-average revenue-to-price ratio, the market rewards hosts who can capitalize on high-demand weekends. Though the overall occupancy rate of 27% sits below the state average, peak months like October ($6,539) demonstrate that concentrated bursts of demand can generate meaningful annual returns of roughly $31,992.
According to Rabbu market data, the Centre Hall short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 20 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $370 |
| Average Occupancy Rate | vs. 36% state avg. | 27% |
| RevPAN | ADR * Occupancy Rate | $101 |
| Average Monthly Revenue | Historical 12-month average | $2,666 |
| Average Annual Revenue | Historical 12-month average | $31,992 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Investors are drawn to Centre Hall for its above-average revenue relative to property costs and the reliable, event-driven demand spikes that characterize this small central Pennsylvania market.
Key investment factors
"Centre Hall earns an ROI score of 70 out of 100, reflecting an attractive opportunity with meaningful upside for investors who understand its rhythm. The market's extreme seasonality — October revenue ($6,539) is nearly six times December's ($1,152) — means success hinges on maximizing earnings during fall and spring peaks rather than pursuing year-round consistency. With only 20 active listings concentrated in 3- and 4-bedroom sizes, competitive pressure is low, and the above-average revenue-to-price ratio suggests current property values haven't been bid up to reflect STR income potential. Investors comfortable with lumpy cash flows and willing to optimize pricing around peak weekends will find this a compelling niche market."
— Rabbu Market Analysis Team
Centre Hall's revenue profile is sharply seasonal, peaking in October at $6,539 and bottoming out in December at $1,152 — a spread of nearly 5.7x between the best and worst months. The fall surge (September through November) accounts for a disproportionate share of annual income, making strategic pricing during these months critical for maximizing returns.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,196 |
| February |
|
$1,269 |
| March |
|
$1,442 |
| April |
|
$2,592 |
| May |
|
$2,465 |
| June |
|
$1,360 |
| July |
|
$1,994 |
| August |
|
$2,813 |
| September |
|
$5,668 |
| October |
|
$6,539 |
| November |
|
$3,497 |
| December |
|
$1,152 |
The market's 20 active listings are concentrated in just two property sizes: 7 three-bedroom and 5 four-bedroom units. The absence of smaller configurations (studios, 1- or 2-bedrooms) could signal either low demand for smaller units or an untested niche that warrants further research.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
7 |
| 4 bedrooms |
|
5 |
Three-bedroom properties command a notably higher ADR of $471 compared to $284 for four-bedroom listings, an unusual inversion where smaller units earn more per night. This premium likely reflects strong event-weekend demand for well-positioned three-bedroom homes, making them particularly compelling from a rate perspective.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$471 |
| 4 bedrooms |
|
$284 |
Three-bedroom units lead in revenue per available night at $98 versus $60 for four-bedroom properties, reinforcing that the smaller configuration delivers stronger per-night yield. Both sizes share identical 21% occupancy, so the RevPAN gap is driven entirely by the ADR premium on three-bedroom listings.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$98 |
| 4 bedrooms |
|
$60 |
Both three- and four-bedroom properties share an identical average occupancy rate of 21%, well below the state average of 36%. This uniformity suggests that occupancy in Centre Hall is driven primarily by market-wide seasonal demand patterns rather than property size, and investors should expect extended vacant stretches outside peak periods.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
21% |
| 4 bedrooms |
|
21% |
Three-bedroom listings earn an average of $4,402 per month, outperforming four-bedroom properties at $2,730 by roughly 61%. For investors weighing acquisition costs against monthly cash flow, the three-bedroom segment clearly delivers stronger top-line performance in this market.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$4,402 |
| 4 bedrooms |
|
$2,730 |
On an annual basis, three-bedroom properties generate approximately $52,833 in revenue compared to $32,768 for four-bedroom units. Given average home values around $567,289, the three-bedroom configuration offers the more attractive gross yield at roughly 9.3% of property value.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$52,833 |
| 4 bedrooms |
|
$32,768 |
Parking is universal (100%) and a full kitchen is nearly so (95%), reflecting guest expectations for self-sufficient stays in a rural Pennsylvania setting. Backyard access, washer/dryer (70% each), and self check-in (65%) round out the essentials, while premium differentiators like hot tubs (10%) and pet-friendliness (25%) remain relatively uncommon — suggesting potential upside for hosts who add these features.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
95% |
| Backyard |
|
70% |
| Dryer |
|
70% |
| Washer |
|
70% |
| Self Check-in |
|
65% |
| BBQ Grill |
|
45% |
| Patio or Balcony |
|
40% |
| Workspace |
|
35% |
| Outdoor Furniture |
|
30% |
| Pets |
|
25% |
| Hot Tub |
|
10% |
| Gym |
|
5% |
| Waterfront |
|
5% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Centre Hall Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
Centre Hall's ROI score of 70 out of 100 places it in the "Attractive Opportunity" band, signaling that the revenue potential relative to property prices is above average for a Pennsylvania market. The score is anchored by strong revenue-to-price performance and an above-average growth trend, while occupancy stability and supply-demand balance rate as average — consistent with a seasonal, event-driven market. Investors should pair this score with local regulatory research and a realistic cash-flow model that accounts for the market's pronounced off-peak months.
Understanding local STR regulations is essential before investing in Centre Hall. Here's the current regulatory landscape:
Short-term rental operators in Centre Hall, Pennsylvania may need to obtain a local permit or register their rental property with the borough. Investors should verify current requirements directly with Centre Hall's municipal office and review any applicable Centre County or Pennsylvania state regulations before listing.
Common restrictions in markets like Centre Hall can include occupancy limits, minimum stay requirements, noise ordinances, and parking mandates — especially relevant given that 100% of local listings offer parking. HOA covenants may impose additional rules, and some jurisdictions cap the number of STR permits issued, so checking neighborhood-level restrictions is essential before purchasing.
Pennsylvania typically requires short-term rental hosts to collect state sales tax and any applicable local hotel occupancy taxes. Many platforms like Airbnb handle tax collection on behalf of hosts, but investors should confirm their obligations with a tax professional familiar with Pennsylvania STR regulations.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Centre Hall can provide current regulatory guidance.
Financing an Airbnb investment in Centre Hall requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Centre Hall's STR market is expected to maintain its event-driven revenue pattern, with September and October continuing to anchor annual earnings. The above-average market growth trend and a 90% year-over-year increase in active listings suggest rising investor interest, though the supply-demand balance remains stable for now. ADR could see modest increases of 2–5% as hosts refine pricing for high-demand weekends, while occupancy is likely to hold in the 25–30% range given the market's inherent seasonality. Investors entering this market should plan cash-flow strategies around predictable peak and off-peak cycles rather than expecting consistent monthly income."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages as of April 2026 and may not capture very recent market shifts. Local regulations, permit requirements, and tax obligations can change — always verify current rules with municipal authorities before investing.
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