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Featured local agent — Penitas, TX
Sarah Mitchell
Compass Real Estate · Penitas, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Penitas, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$161,400median sale price
How is the Penitas, TX housing market right now?
The median home sale price in Penitas, TX is $161,400. Homes sell in an average of 88 days with 17 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Penitas a buyer's or seller's market?
Penitas, TX is currently a leaning buyer's, based on 4.3 months of supply and homes selling in about 88 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
88
Average pace
Active listings
17
4.3 months supply
Sale-to-list
97.5%
Below asking
What does the Penitas housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $161,400 |
| Median list price | $237,450 |
| Average days on market | 88 days |
| Active inventory | 17 listings |
| Months of supply | 4.3 months |
| Sale-to-list price ratio | 97.5% |
| Median price per sq ft | $92/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 4 |
| Listings with a price cut | 11.8% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Penitas by property type?
How the Penitas, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $161,400 | $92/sq ft | 4 | 88 days |
Source: Redfin · Updated monthly
The Penitas housing market is currently classified as a leaning buyer's with a median sale price of $161,400. Prices have fallen 0.0% compared to last year, with homes spending an average of 88 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Penitas
There are currently 17 homes listed for sale in Penitas, Texas. The median listing price is $237K.
Active listings
17
Homes on market
Median list price
$237K
Avg. days on market
88
Days until sale
New this week
4
Newly listed
Who lives in Penitas?
Population
6,355
Median income
$52,857/yr
Median age
30.2 years
Owner-occupied
82.5%
College grads
8.7%
Avg commute
23.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Penitas?
Zillow home value
$167,356
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Penitas?
Penitas is a community of approximately 6K residents with a median age of 30.2 years.The median household income is $52,857, which represents a working-class community with solid middle-income opportunities. 8.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Penitas offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Penitas?
4 schools tracked · 2,276 students
The largest public schools serving Penitas, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
JOHN F KENNEDY EL
Grades PK-5 · 661 students
DR JAVIER SAENZ MIDDLE
Grades 6-8 · 594 students
CORINA PENA EL
Grades PK-5 · 517 students
WILLIAM J CLINTON EL
Grades PK-5 · 504 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Penitas, TX?
Want a head-to-head view? Compare Penitas side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Penitas?
The median home sale price in Penitas is $161,400, down 0.0% from last year.
How long do homes stay on market in Penitas?
Homes typically spend 88 days on market before going under contract.
What is the median income in Penitas?
The median household income is $52,857 per year.
Is Penitas a buyer's or seller's market?
With 4.3 months of supply, Penitas is currently a leaning buyer's.
What is the Zillow home value estimate for Penitas?
The Zillow Home Value Index (ZHVI) for Penitas is $167,356, representing the typical home value in the area.
How much does a single-family home cost in Penitas?
The median single-family home price in Penitas, TX is $161,400 (about $92 per square foot).
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