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Housing in Penn

A typical Penn home is worth roughly $140,000

Typical home value
$140K
OH $249K
Estimate
2-bedroom rent
$1,050
a month, utilities in · HUD
Median tax bill
$806
OH $2,822

What kind of housing town is Penn?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Penn

Try your own numbers below.

You could afford about
$261,000
Typical Penn home $140K

That covers a typical Penn home, with $121K to spare.

The typical home, each month
$890
Loan $700Tax $150Insurance $40

A two-bedroom rents for about $1,050 a month here, $160 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Ohio typical property tax (1.31% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

81% of Penn households own their home

Half of Penn’s homes were built before 1952.

Owners and renters
Own 81%Rent 19%

Ohio: 67% own.

1952
typical home built · OH 1970
$806
median property tax bill · OH $2,822

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,050

Fair Market Rent a month, utilities included

Studio$800
1 bedroom$920
2 bedrooms$1,050
3 bedrooms$1,310
4 bedrooms$1,570
19%
of households rent · OH 33%
33
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Morgan County, OH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Penn vs. its neighbors

Penn is the 3rd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Penn$140K*—$1,050$20,152
Union$162K*—$1,050$69,198
Marion$133K*—$990$61,607
Malta$161K+6.8%$1,050$54,306
Windsor$140K*—$1,050$55,714

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Penn buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Penn still affordable for young families?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. 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. The calculator is an estimate, not a loan offer.

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