Housing Prices in Malone-Penelope, TX
How much do homes in Malone-Penelope, TX cost?
Median List Price
$265,000
$198/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Malone-Penelope has decreased by 10.5% since last year.
Summary: The median home list price in Malone-Penelope was $265,000 in April 2024, down 10.5% from the previous year, and the median price per square foot was $198.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $120K | N/A |
| 2 Bedrooms | $175K | $175K | 0.0% |
| 3 Bedrooms | $339.9K | $540K | +58.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Malone-Penelope housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 58.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Malone-Penelope | $296K | $265K | -10.5% |
| Hubbard-Mount Calm | $159.9K | $137K | -14.3% |
Housing Supply in Malone-Penelope, TX
How many homes are available in Malone-Penelope, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Malone-Penelope real estate market had 5 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Malone-Penelope housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Malone-Penelope, TX
How long does it take to sell a home in Malone-Penelope, TX?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 151 Days | 72 Days | -51.8% |
Summary: Homes in Malone-Penelope had an average listing age of 72 days in Apr 2024, down by 51.8% compared to the previous year.
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