Housing in Pennville, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$162,511
Pennville vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Pennville is highlighted.
Median Home Value
9th%ilemost expensive$75,000show rank
Median Rent
14th%ilemost expensive rent$675show rank
Rent Burden
72nd%ilehighest rent burden22.1%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$75,000
Median Rent
$675
Total Housing Units
312
Vacancy Rate
9.9%
Owner Occupied
63.7%
Renter Occupied
36.3%
Median Property Tax
$368
per year
Monthly Cost (w/ Mortgage)
$546
Housing Types
Single Family74.4%
Multi-Family8.3%
Mobile Home17.3%
The median home value in Pennville, IN is $75,000. According to Zillow, the home value index for Pennville is $162,511. The median rent is $675 per month (Census ACS). About 63.7% of housing units are owner-occupied. The median year homes were built is 1959. There are 312 total housing units.