Pennville, IN housing market
The typical Pennville home is worth about $178,000, up 1.5% in a year, 31% below the Indiana typical home.
Home values, sales, trends and how Pennville compares with the towns next door — updated as new data is published.
Pennville at a glance
Typical home value, 2016–2026
Show as a table
| January | Pennville | Indiana |
|---|---|---|
| 2017 | $86,000 | $135,000 |
| 2018 | $94,000 | $144,000 |
| 2019 | $95,000 | $154,000 |
| 2020 | $103,000 | $164,000 |
| 2021 | $123,000 | $183,000 |
| 2022 | $136,000 | $209,000 |
| 2023 | $147,000 | $227,000 |
| 2024 | $156,000 | $237,000 |
| 2025 | $168,000 | $249,000 |
| 2026 | $176,000 | $256,000 |
| August 2026 | $178,000 | $260,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,150
HUD's Fair Market Rent for a two-bedroom in Pennville is $1,150 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Pennville pay a median of $936, so moving in tends to cost more than staying put.
Studio $820 · 4 bedrooms $1,520
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47369; Blackford County, IN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.