Housing in Penelope, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$220,794

Penelope vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Penelope is highlighted.

Median Home Value

19th%ilemost expensive$96,300show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$96,300

Median Rent

N/A

Total Housing Units

105

Vacancy Rate

15.2%

Owner Occupied

95.5%

Renter Occupied

4.5%

Median Property Tax

N/A

per year

Monthly Cost (w/ Mortgage)

$526

Housing Types

Single Family

91.4%

Multi-Family

0.0%

Mobile Home

8.6%

The median home value in Penelope, TX is $96,300. According to Zillow, the home value index for Penelope is $220,794. About 95.5% of housing units are owner-occupied. The median year homes were built is 1962. There are 105 total housing units.