Pennellville, NY—13132
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pennellville, NY
As of Oct '25, the median home price in Pennellville, NY is $245,000, with a year-over-year change of 1.1%. This indicates that home prices in Pennellville, NY are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $245,000 | 1.1% |
| Single Family | $245,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $186,000 | -1.6% |
3 Bed | $248,000 | 1.2% |
4 Bed | $300,000 | 1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pennellville, NY
Pennellville, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pennellville, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Pennellville, NY is 90. This is a increase of 132.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $476,000 | 0.0% |
Listing Count | 11 | 43.0% |
| Listings as % of Homes | 0.1% | 43.0% |
Days on Market | 90 | 132.0% |
Demographics — Pennellville, NY
As of the latest ACS Survey released in 2023, Pennellville, NY has a population of 3,560, which has increased by 4.8% over the past 5 years. Pennellville, NY is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 27.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,560 | 4.8% |
% Under 18 | 20.1% | -2.9% |
% Seniors | 20.9% | 5.6% |
% WFH | 5.8% | 5.5% |
% w/ College Degree | 27.2% | 24.8% |
As of the latest ACS Survey released in 2023, Pennellville, NY is a predominantly white area, with 92.9% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Pennellville, NY is hispanic, making up 2.3% of the population. Foreign-born residents account for 0.5% of the population in Pennellville, NY, and this percentage has decreased by 61.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.9% | -3.9% |
% Black | 0.5% | ∞% |
% Hispanic | 2.3% | 360.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | -61.5% |
Mortgage and Risk — Pennellville, NY
According to HUD data as of 2023, there were 79 mortgage originations in Pennellville, NY, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Pennellville, NY. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 79 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Pennellville, NY
Pennellville, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,000 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | N/A | N/A | $1,500 |
| 4 Bedroom | N/A | N/A | $1,700 |
Affordability — Pennellville, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $245,000 |
| Median Household Income | $71,800 |