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Today: September 23, 2025
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Pennington Gap Real Estate Forecast, Pennington Gap Area Housing Prices and Home Value Trends and Predictions

Is buying a house in Pennington Gap a good investment? The median home price in Pennington Gap today: ▼ 83,317 USD (-8.637%)

  • History
  • Forecast
  • Data
  • Q&A

Current Price

$83,317

1 Month Forecast

▲ $92,035

1-Year Forecast *

▲ $90,295

5-Year Forecast *

▲ $107,637

"Is it a good time to buy homes in Pennington Gap?" "Does investing in real estate in Pennington Gap (Virginia State, Lee County) worth it?" According to our live Forecast System, buying a house in Pennington Gap is a acceptable short-term (1-year) investment*. The Pennington Gap average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Pennington Gap" 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 Pennington Gap in Virginia State, Lee County. If you are looking for homes for sale with good flipping profit, Pennington Gap can be a profitable property investment option. The median price of an average house in Pennington Gap was 83,317 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Pennington Gap" area is 107,637 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +29.19% meaning that investing 100000 USD today may yield a profit of 29,189 USD by 2030.

Current Median Listing Price: 83,317 USD Median Listing Price Per Square Foot: 46 USD

Pennington Gap 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.

Pennington Gap (Virginia State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

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

Pennington Gap Price Target

Pennington Gap median home price target in 12 months: $90,295* (upside of 8.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $85,962 $91,193 $85,962 $91,193
2024 $76,545 $83,317 $75,540 $84,144
2023 $73,401 $78,093 $73,401 $79,038
2022 $72,234 $74,077 $72,234 $79,140
2021 $82,313 $70,658 $69,546 $82,886
2020 $71,105 $80,306 $71,105 $80,306
2019 $71,017 $71,157 $68,170 $71,157
2018 $76,037 $71,414 $71,414 $77,161
2017 $76,473 $75,815 $75,604 $76,898
2016 $74,894 $76,215 $74,851 $76,654
2015 $72,998 $75,232 $72,045 $75,668
2014 $75,646 $73,171 $73,171 $75,646
2013 $78,659 $76,335 $76,335 $78,659
2012 $71,044 $79,060 $71,044 $79,239

Questions & Answers about the Pennington Gap Housing Market Forecast

How much does an average home cost in Pennington Gap today?

The value of an average home (the listing price) in Pennington Gap is $83,317 USD.

What is the average price per square foot in Pennington Gap?

According to Walletinvestor the median price per square foot in Pennington Gap is 46 USD.

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

Yes. The Pennington Gap home prices may rise from 83,317 USD to 90,295 USD in one year.

Is it profitable to invest in Pennington Gap homes?

Yes. The long-term profit potential is +8.37% in one year.

Will Pennington Gap house prices fall / drop?

No. See above.

What is the predicted price of a Pennington Gap home in 2030?

The predicted home sales price of a Pennington Gap home in 2030 in Pennington Gap is 107,637 USD.

What is the predicted price of a Pennington Gap home in 2035?

The predicted home sales price of a Pennington Gap home in 2035 in Pennington Gap is 127,045 USD.

Will real estate prices decrease in Pennington Gap?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Pennington Gap is the 8191. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Lee, Pennington Gap decreased, looking at the past 12 months.

According to Walletinvestor's Pennington Gap real estate market research, home values will increase in the next 12 months.

Median home values decreased by 0.687% to 83,317 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 6.995% in 2020
  • 6.575% in 2021
  • 7.125% in 2022
  • 7.685% in 2023
  • 9.635% in 2024
  • 8.805% in 2025

Based on our Pennington Gap real estate market research and report the predicted sales prices will increase by 123.500% in the next 10 years.

Over the last 12 months, the value of homes in Pennington Gap fluctuated: increasing 8 times and decreasing 2 times.

Pennington Gap (Virginia) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Pennington Gap Housing Market Forecast with Real Estate Prices for 2025
August 2025 92035 84212 99858
September 2025 92885 86105 99666
October 2025 93743 87650 99837
November 2025 94609 88554 100664
December 2025 95267 89456 101078
Pennington Gap Housing Market Forecast with Real Estate Prices for 2026
January 2026 94540 87166 101915
February 2026 93819 86407 101231
March 2026 93103 86400 99807
April 2026 92393 85464 99323
May 2026 91688 84903 98473
June 2026 90989 84711 97267
July 2026 90295 83613 96977
August 2026 89606 82975 96237
September 2026 90237 82025 98448
October 2026 91040 86215 95865
November 2026 91881 86919 96842
December 2026 92729 86702 98757
Pennington Gap Housing Market Forecast with Real Estate Prices for 2027
January 2027 93586 88532 98639
February 2027 93954 88692 99215
March 2027 94740 86403 103077
April 2027 95615 87392 103838
May 2027 96498 87524 105472
June 2027 97301 88252 106350
July 2027 96559 89317 103801
August 2027 95822 87965 103680
September 2027 95091 87769 102413
October 2027 94366 87571 101160
November 2027 93646 88870 98422
December 2027 93929 86978 100880
Pennington Gap Housing Market Forecast with Real Estate Prices for 2028
January 2028 94796 88161 101432
February 2028 95672 88975 102369
March 2028 96555 87190 105921
April 2028 97447 88580 106315
May 2028 97530 90800 104259
June 2028 97149 91903 102395
July 2028 97471 91135 103806
August 2028 98033 89700 106365
September 2028 98376 92966 103787
October 2028 97626 88254 106998
November 2028 96881 89615 104147
December 2028 96142 87009 105276
Pennington Gap Housing Market Forecast with Real Estate Prices for 2029
January 2029 96793 87307 106278
February 2029 97687 91435 103939
March 2029 98589 92871 104307
April 2029 99499 94524 104474
May 2029 100418 94795 106042
June 2029 101346 92022 110670
July 2029 101044 95992 106096
August 2029 100273 91850 108696
September 2029 99615 90351 108880
October 2029 100356 90923 109790
November 2029 101283 95105 107462
December 2029 101786 96289 107282
Pennington Gap Housing Market Forecast with Real Estate Prices for 2030
January 2030 101964 94725 109204
February 2030 102801 93446 112156
March 2030 103751 96696 110806
April 2030 104709 97903 111515
May 2030 105676 99230 112122
June 2030 106652 100253 113051
July 2030 107637 100102 115171
August 2030 108631 97768 119494
September 2030 109634 103495 115774
October 2030 110397 104546 116248
November 2030 109555 101338 117771
December 2030 108719 101870 115568
Pennington Gap Housing Market Forecast with Real Estate Prices for 2031
January 2031 107889 102279 113500
February 2031 107066 98715 115418
March 2031 106250 96262 116237
April 2031 105439 98164 112714
May 2031 104635 94799 114470
June 2031 103837 95841 111832
July 2031 104567 97666 111469
August 2031 105498 97269 113727
September 2031 106473 99552 113393
October 2031 107456 99182 115730
November 2031 108448 99772 117124
December 2031 108875 101362 116387
Pennington Gap Housing Market Forecast with Real Estate Prices for 2032
January 2032 109786 101223 118349
February 2032 110800 103044 118556
March 2032 111823 100865 122782
April 2032 112754 101591 123916
May 2032 111893 102718 121069
June 2032 111040 104488 117591
July 2032 110193 100606 119780
August 2032 109352 100932 117772
September 2032 108518 101573 115463
October 2032 108846 100900 116792
November 2032 109851 103370 116332
December 2032 110866 102773 118959
Pennington Gap Housing Market Forecast with Real Estate Prices for 2033
January 2033 111890 106295 117484
February 2033 112923 104454 121392
March 2033 113019 102508 123529
April 2033 112578 106161 118995
May 2033 112950 102672 123228
June 2033 113601 106104 121099
July 2033 114000 105222 122778

> 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.