Housing in Pennington Gap, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$92,117
Pennington Gap vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Pennington Gap is highlighted.
Median Home Value
14th%ilemost expensive$86,900show rank
Median Rent
29th%ilemost expensive rent$790show rank
Rent Burden
99th%ilehighest rent burden41.5%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$86,900
Median Rent
$790
Total Housing Units
909
Vacancy Rate
22.1%
Owner Occupied
40.3%
Renter Occupied
59.8%
Median Property Tax
$633
per year
Monthly Cost (w/ Mortgage)
$440
Housing Types
Single Family77.0%
Multi-Family15.4%
Mobile Home7.6%
The median home value in Pennington Gap, VA is $86,900. According to Zillow, the home value index for Pennington Gap is $92,117. The median rent is $790 per month (Census ACS). About 40.3% of housing units are owner-occupied. The median year homes were built is 1964. There are 909 total housing units.