Current Price

$204,511

1 Month Forecast

â–² $205,076

1-Year Forecast *

â–¼ $203,608

5-Year Forecast *

â–² $225,499

"Is it a good time to buy homes in Penelope?" "Does investing in real estate in Penelope (Texas State, Hill County) worth it?" According to our live Forecast System, buying a house in Penelope is a bad short-term (1-year) investment*. The Penelope average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Penelope" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Penelope in Texas State, Hill County. If you are looking for homes for sale with good flipping profit, Penelope can be a bad, high-risk 1-year investment option. The median price of an average house in Penelope was 204,511 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Penelope" area is 225,499 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +10.26% meaning that investing 100000 USD today may yield a profit of 10,262 USD by 2031.

Current Median Listing Price: 204,511 USD Median Listing Price Per Square Foot: 114 USD

Penelope Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Penelope (Texas State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Penelope Price Target

Penelope median home price target in 12 months: $203,608* (downside of 0.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $188,587 $204,511 $188,587 $204,511
2023 $182,982 $189,141 $182,531 $190,117
2022 $0 $184,907 $0 $199,577
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Penelope Housing Market Forecast

How much does an average home cost in Penelope today?

The value of an average home (the listing price) in Penelope is $204,511 USD.

What is the average price per square foot in Penelope?

According to Walletinvestor the median price per square foot in Penelope is 114 USD.

Will the median listing price of homes in Penelope grow / rise / go up?

No. The Penelope home prices may drop from 204,511 USD to 203,608 USD in one year.

Is it profitable to invest in Penelope homes?

Based on our forecast, the expected return is -0.44% in one year.

Will Penelope house prices fall / drop?

Yes. See above.

What is the predicted price of a Penelope home in 2030?

The predicted home sales price of a Penelope home in 2030 in Penelope is 218,975 USD.

What is the predicted price of a Penelope home in 2035?

The predicted home sales price of a Penelope home in 2035 in Penelope is 254,231 USD.

Will real estate prices decrease in Penelope?

According to our analysis, there may be some price adjustment.

Short-Term Outlook Based On The Last 12 Months

Penelope is the 23872. largest city in the United States, located in Texas State.

During the last 12 months the real estate prices in Hill, Penelope remained stable, looking at the past 12 months.

According to Walletinvestor's Penelope real estate market research, home values will decrease in the next 12 months.

Median home values remained unchanged to 204,511 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 0.901% in 2021
  • 0.261% in 2022
  • 1.149% in 2023
  • 0.699% in 2024
  • 0.049% in 2025
  • 0.591% in 2026

Based on our Penelope real estate market research and report the predicted sales prices will decrease by 4.328% in the next 10 years.

Penelope (Texas) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Penelope Housing Market Forecast with Real Estate Prices for 2025
January 2025 205076 194002 216151
February 2025 205933 195224 216641
March 2025 206940 189971 223909
April 2025 207952 188820 227083
May 2025 208969 191834 226104
June 2025 208396 193600 223192
July 2025 207532 195080 219984
August 2025 206671 196338 217005
September 2025 205814 192642 218986
October 2025 204961 185285 224637
November 2025 204111 185537 222685
December 2025 203608 189763 217454
Penelope Housing Market Forecast with Real Estate Prices for 2026
January 2026 204382 194162 214601
February 2026 204935 185056 224813
March 2026 205476 189449 221503
April 2026 206481 186040 226923
May 2026 207491 192967 222016
June 2026 208506 189740 227272
July 2026 209526 198840 220212
August 2026 210273 193241 227305
September 2026 210117 192887 227346
October 2026 209246 195226 223265
November 2026 208633 188604 228661
December 2026 208990 189972 228008
Penelope Housing Market Forecast with Real Estate Prices for 2027
January 2027 210012 193001 227023
February 2027 211040 192257 229822
March 2027 212072 193197 230946
April 2027 213109 191798 234420
May 2027 214151 193164 235138
June 2027 215199 200996 229402
July 2027 215826 201582 230071
August 2027 216882 204953 228810
September 2027 217617 201513 233720
October 2027 218523 203226 233819
November 2027 219127 207294 230960
December 2027 220042 208159 231924
Penelope Housing Market Forecast with Real Estate Prices for 2028
January 2028 221118 209841 232395
February 2028 222199 200424 243975
March 2028 223286 205870 240702
April 2028 222674 204860 240488
May 2028 221750 208224 235277
June 2028 220831 207139 234522
July 2028 219915 206500 233330
August 2028 219003 205425 232582
September 2028 218095 205664 230527
October 2028 217558 202764 232352
November 2028 218384 203971 232798
December 2028 218975 200582 237369
Penelope Housing Market Forecast with Real Estate Prices for 2029
January 2029 219554 206161 232947
February 2029 220628 206287 234969
March 2029 221707 206631 236783
April 2029 222791 211652 233931
May 2029 223881 207538 240224
June 2029 224680 211873 237486
July 2029 224513 207899 241127
August 2029 223582 209049 238114
September 2029 222927 208659 237194
October 2029 223309 207454 239164
November 2029 224401 209142 239660
December 2029 225499 214224 236773
Penelope Housing Market Forecast with Real Estate Prices for 2030
January 2030 226601 209606 243597
February 2030 227710 208127 247293
March 2030 228823 213035 244612
April 2030 229943 212697 247188
May 2030 230613 219083 242144
June 2030 231741 211811 251671
July 2030 232526 213924 251129
August 2030 233494 210378 256610
September 2030 234140 220326 247954
October 2030 235117 222421 247814
November 2030 236267 215948 256586
December 2030 237423 214630 260216
Penelope Housing Market Forecast with Real Estate Prices for 2031
January 2031 238584 224746 252422
February 2031 237930 217944 257916
March 2031 236943 215855 258031
April 2031 235961 218264 253658
May 2031 234982 222528 247436
June 2031 234008 212947 255069
July 2031 233038 212996 253079
August 2031 232464 220376 244552
September 2031 233347 218879 247814
October 2031 233978 217600 250357
November 2031 234596 217002 252191
December 2031 235744 221599 249888

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.