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Pennville IN Homes For Sale

The median home value in Pennville, IN is $120,500. This is lower than the county median home value of $125,600. The national median home value is $338,100. The average price of homes sold in Pennville, IN is $120,500. Approximately 59.52% of Pennville homes are owned, compared to 28.57% rented, while 11.91% are vacant. Pennville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Pennville real estate agent to arrange a tour today!

Learn More About Pennville Real Estate

Statistics & facts

818 Population
$120K Medium Home Value
370 # of Households
11.91% Housing Vacancy
33.20% Future Job Growth
2.60% Unemployment Rate

Andrea D. Conner, License 344441, Xome Inc., License 262361, AndreaD.Conner@xome.com, 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Population

Pennville has a population of approximately 818 and experiences a population change rate of 15.86%. The population density is 1,623 / sq mi.

Household

The median household income for Pennville is $45,431, with 370 households and an average household size of 2.21.

Cost of Living

The cost of living index in Pennville is 74.5%.

Home Value

The median value of a home in Pennville is $120,500 with an appreciation rate of 15.1%. 59.5% of housing in the city is owned while 28.6% is rented.

Employment

The unemployment rate in Pennville is 2.60%, and recent job growth is at -0.83%. Future job growth is projected at 33.20%.

Taxes

The sales tax rate in Pennville is 7.00%, while the income tax rate is 3.23%.

Education

School expenditures in Pennville are $13,365, and the school ratio is 14:1.

Weather

The average high temperature in July is 83.8 degrees, with an average low temperature in January of 17.8 degrees. The average rainfall is approximately 39 inches per year, with 24.9 inches of snow per year.

Education near Pennville IN

Metric City County
High School Graduates 84 88.03
College Degree - 2 year 10.43 8.53
College Degree - 4 year 8.81 12.94
Graduate Degree 4.14 4.09
Expenditures per Student $13,365 $13,365
Students per Teacher 14.00 14.00

Elementary Schools near Pennville IN

School Grades Students P/T Ratio ZIP
Bloomfield Elementary School KG - 05 250 19.2 47326
Montpelier School KG - 06 223 19.4 47359
Pennville Elementary School KG - 05 87 7.6 47369
Southside Elementary School KG - 03 420 22.1 47348
Westlawn Elementary School KG - 05 230 17.7 47336

Middle Schools near Pennville IN

School Grades Students P/T Ratio ZIP
Blackford Junior High School 07 - 08 301 23.1 47348
North Side Elementary School 04 - 06 285 23.8 47348
West Jay County Middle School 06 - 08 247 10.5 47336

High Schools near Pennville IN

School Grades Students P/T Ratio ZIP
Blackford High School 09 - 12 532 20 47348