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Foreclosures in Penelope, TX

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Penelope, TX Foreclosures

Current Market Conditions in Penelope, TX as of June 2026?
Home values: +3.95% MoM; rent: +0.00% MoM.
How much do homes sell for in Penelope, TX?
The average home price is currently $217,764.
In Penelope, TX, how many homes are available?
There are currently 1 active home listings available in Penelope.
What’s the average rental cost in Penelope, TX?
The average rental price in Penelope is $1,112.
What is the most expensive home in Penelope?
The most expensive home sold in Penelope had a price of $1,033,826.
What is currently the cheapest priced home in Penelope, TX?
The cheapest home for sale in Penelope is priced at $30,400.

Living in Penelope, TX

Penelope, Texas is a quiet Hill County community with rural homes, small acreage, and access to Hillsboro, Waco, and the I-35 corridor.

Buyer vs Seller Market in Penelope, TX

Median home value: $174,704 as of 2026-05-14.

Median rent: $1,070 as of 2026-05-14.

Home values: +3.95% MoM, +11.13% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Penelope, TX

There are currently 160 real estate properties in Penelope, TX, with a median automated valuation model (AVM) price of $174,704.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Penelope, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Penelope, TX, is $217,764.00, with the most expensive house in Penelope, TX, topping out at $1,033,826.00 and the cheapest home in Penelope, TX, clocking in at $30,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Penelope, TX!

Rent Prices In Penelope, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Penelope, TX, is on a rollercoaster ride. The average rent price in Penelope, TX, is $1,112.00. Indeed, when looking to rent in Penelope, TX, you can expect to pay as little as $680.00 or as much as $1,810.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Penelope, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Penelope, TX Foreclosures

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