The housing market in 76676 Penelope, TX is booming! The median value of a house in this area is $151,500, which is significantly lower than the US median of $338,100. However, the year-on-year appreciation rate for houses in 76676 Penelope is 17.68%, far higher than the national average of 8.27%. This makes now an ideal time to invest in the housing market here or purchase property.
The median home cost in Penelope (zip 76676) is $151,500. Home appreciation the last 10 years has been 119.4%. Home Appreciation in Penelope (zip 76676) is up 21.3%.
Average Age of Homes
- The median age of Penelope (zip 76676) real estate is 45 years old
The Rental Market in Penelope (zip 76676)
- Renters make up 12.6% of the Penelope (zip 76676) population
- 0.0% of houses and apartments in Penelope (zip 76676), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.