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Penitas Housing Market Report June 2025•Hidalgo County, Texas

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Housing Prices in Penitas, TX

How much do homes in Penitas, TX cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$250,000$144/SqFt

Based on all homes listed in June 2025

Insight

The list price of homes in Penitas has remained the same since May.

Summary: The median home list price in Penitas was $250,000 in June 2025, the same as the previous month, and the median price per square foot was $144.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
La Joya
+3.3%
Penitas
0.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2025Jun 2025Change MoM
1--
N/A
2$169.7K$250K
+47.3%
3$240K$240K
0.0%
4$250K$242.5K
-3.0%
5$299K$299K
0.0%

Summary: Penitas housing price by bedroom type for June 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +47.3%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -3.0%. The home price for 5 bedroom homes did not change.

How does Penitas, TX compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Penitas, TX

Housing supply in Penitas, TX

How many homes are available in Penitas, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
20Last MonthJun 2025
172 months agoMay 2025
+17.6 %
Change MoMMay – Jun

Summary: The Penitas real estate market had 20 homes for sale in Jun 2025, a 17.6 % increase compared to May 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
224
+100.0%
377
0.0%
434
+33.3%
555
0.0%

Summary: Penitas housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Penitas, TX cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Penitas, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Penitas in June 2025, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Penitas, TX

How long does it take to sell a home in Penitas, TX?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
138 DaysLast MonthJun 2025
133 Days1 month agoMay 2025
+3.6 %
Change MoMMay – Jun

Summary: Homes in Penitas had an average listing age of 138 days in Jun 2025, up by 3.6% compared to the previous month.

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Newest Listings in Penitas, TX

What homes are available in Penitas, TX?

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Nearby markets

Nearby markets aren't available for Penitas, TX

Popular Cities with Homes for Sale in Texas

MLS Disclaimers and Copyright

Based on information from Greater McAllen Association of Realtors, and Rio Grande Valley MLS for the period 05/01/2025 - 07/01/2025

Listing information provided by Greater McAllen Association of REALTORS MLS. Information is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 7/21/2025, 2:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part of Rio Grande Valley MLS. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Rio Grande Valley MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 7/21/2025, 2:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.