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PENELOPE, TX 76676

Real Estate Market Report  ·  Hill County
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The PENELOPE, TX real estate market (76676) currently shows 1 active listings, with 1 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 67 days on market compared to 97 days last year.

The median listing price has fallen 76% year-over-year, from $354,500 to $85,000.

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Market Context

Market Context

Population: 317  ·  Density: 5.2/mi²  ·  Median household income: $63,125

Typical home value: $0  ·  Homeownership: 89.6%

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
1
100% pending ratio
Median Price
$85,000
⇩ 76% vs $354,500 last year
Average Price
$85,000
⇩ 76% vs $354,500 last year
Days on Market
67
⇩ 30.9% vs 97 days last year

Price Per Square Foot

Median $/sqft
$62
⇩ 68.2% vs $195/sqft last year
Median Home Size
1,380 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 67 now vs 97 last year

Median & Average Pricing

Year over Year
  • Median: $85,000 (-76% YoY)
  • Average: $85,000 (-76% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.5 miles — 523 listings ($175,960,623 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
76676Penelope, TX 766760.0 mi2$708,900$354,450$354,450
76631Bynum, TX 766317.4 mi4$785,000$149,250$196,250
76648Hubbard, TX 766489.0 mi19$7,098,229$243,750$373,591
76691West, TX 7669110.5 mi40$16,364,280$359,250$409,107
76624Axtell, TX 7662414.2 mi11$5,180,879$344,900$470,989
76641Frost, TX 7664115.3 mi4$913,268$235,000$228,317
76639Dawson, TX 7663917.8 mi9$2,717,154$247,250$301,906
76705Waco, TX 7670518.7 mi161$55,679,435$275,975$345,835
76635Coolidge, TX 7663519.9 mi1$59,000$59,000$59,000
76679Purdon, TX 7667922.0 mi6$2,464,560$82,500$410,760
76708Waco, TX 7670822.5 mi205$69,730,340$298,000$340,148
76055Itasca, TX 7605522.8 mi23$6,747,510$247,400$293,370
76664Mart, TX 7666423.5 mi38$7,512,068$167,750$197,686

Frequently Asked Questions

How many homes are for sale in PENELOPE, TX 76676?

As of September 2026, there are 1 active listings in PENELOPE, TX (zip code 76676), compared to 2 the prior year.

What is the median home price in PENELOPE, TX 76676?

The median listing price in PENELOPE, TX 76676 is $85,000 as of September 2026, a 76% decrease from $354,500 the prior year.

How long do homes stay on the market in PENELOPE, TX?

Homes in PENELOPE, TX 76676 spend an average of 67 days on the market before going under contract, compared to 97 days the prior year.

Is it a seller's or buyer's market in PENELOPE, TX 76676?

Based on current inventory and days-on-market data as of September 2026, PENELOPE, TX 76676 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 67 days on market compared to 97 days last year.

How much can I save on real estate commission in PENELOPE, TX?

With SELL123.com's maximum 3% commission, sellers in PENELOPE, TX 76676 save an estimated $1,700 compared to a typical 5% commission on the median listing price of $85,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.