The housing market in 75856 Pennington, TX is thriving. The median housing value for the area is $192,900, much lower than the US median of $338,100. Additionally, the one year appreciation for homes in Pennington is 16.22%, significantly higher than the national average of 8.27%. This indicates that now is an excellent time to invest in property in Pennington as its appreciation rate will likely continue to rise over time.
The median home cost in Pennington (zip 75856) is $192,900. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Pennington (zip 75856) is up 19.7%.
Average Age of Homes
- The median age of Pennington (zip 75856) real estate is 25 years old
The Rental Market in Pennington (zip 75856)
- Renters make up 0.0% of the Pennington (zip 75856) population
- 0.0% of houses and apartments in Pennington (zip 75856), 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.