Penitas, TX

Buyer's market+74.9% YoY

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

Price drops:33.3%of listings
Sale-to-list:100.0%

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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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