Penitas, TX
Housing market overview · Updated weekly
$340,000median sale price
Homes sold
1
Last 12 weeks
Days on market
15
Fast-moving
Active listings
12
12.0 months supply
Sale-to-list
100.0%
Above asking
The Penitas housing market is currently classified as a buyer's market with a median sale price of $340,000. Prices have risen 74.9% compared to last year, with homes spending an average of 15 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Penitas
There are currently 12 homes listed for sale in Penitas, Texas. The median listing price is $120K.
Active listings
12
Homes on market
Median list price
$120K
Avg. days on market
15
Days until sale
New this week
3
Newly listed
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Frequently asked questions
What is the average home price in Penitas?
The median home sale price in Penitas is $340,000, up 74.9% from last year.
How long do homes stay on market in Penitas?
Homes typically spend 15 days on market before going under contract.
Is Penitas a buyer's or seller's market?
With 12.0 months of supply, Penitas is currently a buyer's market.
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