Home prices
The median home in Pennville costs $64,400. This is roughly $4,460 (7%) higher in comparison to other places in this area.It is about $153,100 (70%) lower in comparison to the rest of the nation, and it is roughly $50,700 (44%) lower compared to the city of Fort Wayne.
Rents
In Pennville the median rent is $564 per month. This is roughly $106 (15%) lower compared to the surrounding areas.It is roughly $498 (46%) lower compared to the entire country, and is roughly $200 (26%) lower compared to the city of Fort Wayne.
Nearby places
Montpelier
Montpelier is roughly 7 miles northwest from Pennville. Its real estate prices are a little less expensive. Montpelier's median home cost is $54,600, which works out to $9,800 (17%) lower than Pennville. Its rents are somewhat more expensive. In Montpelier the median monthly rent is $660, which works out to $96 (14%) higher than Pennville.
Portland
Portland is roughly 8 miles southeast from Pennville. The housing prices there are somewhat more expensive. The median home cost in Portland is $71,100, which works out to $6,700 (9%) higher than Pennville. Its rents are a little more expensive. In Portland the median monthly rent is $660, which comes out to $96 (14%) higher than Pennville.
Dunkirk
Dunkirk is roughly 8 miles south of Pennville. Housing prices there are similar. The median home in Dunkirk costs $63,500, which is $900 (1%) lower than Pennville. The rent there is a little more expensive. In Dunkirk the median monthly rent is $691, which works out to $127 (18%) higher than Pennville.
Bryant
Bryant is roughly 8 miles east of Pennville. Its housing prices are a bit less expensive. The median home cost in Bryant is $56,700, which works out to $7,700 (13%) lower than Pennville. Rents there are a little more expensive. Bryant's median monthly rent is $758, which comes out to $194 (25%) higher than Pennville.
Redkey
Redkey is approximately 9 miles south from Pennville. Its housing prices are a bit less expensive. The median home in Redkey costs $53,800, which works out to $10,600 (19%) lower than Pennville. Its rents are pretty similar. In Redkey the median monthly rent is $583, which works out to $19 (3%) higher than Pennville.