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Penitas

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Texas
$148K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
4
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$164K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
201920202021202320242026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
201920202021202320242026
Sale premium vs estimated valueHow sale prices compare with our estimated values at the time of sale. Above the dashed line, homes sold for more than the models expected — a sign of competitive bidding. Below it, buyers paid under model value.Premium
201920202021202320242026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
201920202021202320242026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
201920202021202320242026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
201920202021202320242026
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
2016201720182019202120232026

Housing Stock

HomesHow many homes we have records for in this area.1,406
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$164K
Median sizeThe middle home size here, measured in square feet.1,448 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.2000
Single familyThe share of homes here that are single-family houses.88%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.67%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.3.7%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.84%
Company ownedThe share of homes owned by a company or trust instead of a person.3.2%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.36%
Typical ownership tenureHow long the typical owner here has held their home.16.8 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.74
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.86%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.5.7%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.26%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.2,370
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.829 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$54K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$72K
Average tempThe average temperature here across a full year.74°F
Annual precipHow much rain and melted snow falls here in a typical year.22 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Penitas compares

By median home value, Penitas is the 18th most expensive of 32 neighborhoods in Hidalgo County, and its typical home is worth more than 38% of all homes in Hidalgo County.

Home values in Penitas

Share of homes at each estimated value.

Median
$73K$354K
neighborhoods in Hidalgo County ranked by median home value
#Hidalgo CountyMedian valueHomes
1Tres Lagos$382K782
2Cimarron$380K960
3Sharyland Plantation$361K2,133
4La Sienna$355K336
5Tierra Santa$343K169
6Palmhurst$298K1,624
7Los Lagos$276K723
8Cesar Chavez$243K621
9Nurillo$241K3,502
10Monte Cristo$207K272
11Lake View Country Club$203K556
12North Alamo$190K1,634
13Alton$181K4,916
14North McAllen$180K343
15Plantation$178K1,072
16Palmview$175K2,137
17Texas Gardens$168K1,420
18Penitas$164K1,406
19Perezville$164K2,538
20La Homa$161K3,218
21La Joya$148K1,441
22Doffing$147K1,599
23Lopezville$147K1,640
24West Sharyland$144K561

32 neighborhoods in Hidalgo County are ranked; the most valuable are listed here.

About the Penitas market

What is the median home price in Penitas, TX?

The median sale price in Penitas, TX is $148,235 (data through July 2026), based on deeds recorded with the county.

How many homes sell in Penitas, TX each year?

4 homes sold in Penitas, TX over the last 12 months (data through July 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Penitas, TX?

Penitas, TX contains 1,406 residential properties, with a median of 1,448 square feet, 3 bedrooms, built around 2000. The median TopHap Estimate is $164K.

How does Penitas, TX compare to the rest of Hidalgo County?

By median home value, Penitas, TX is the 18th most expensive of 32 neighborhoods in Hidalgo County. Its typical home is worth more than 38% of all homes in Hidalgo County. Texas Gardens ranks just above it and Perezville just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Penitas, TX?

84% of homes in Penitas, TX are owner-occupied. 3% are held by a company rather than an individual.

How much equity do owners in Penitas, TX hold?

67% of mortgaged homes in Penitas, TX are equity-rich, meaning the loan balance is under half the home's value. 3.7% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Penitas on the map

See every recorded sale, price heat map, school zone and flood overlay across Penitas in TopHap’s interactive 3D map.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map