Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pennine area can be challenging. Home prices in Pennine are now at a median cost of $111,600, lower than the Tennessee average of $218,916.
The average cost of rent is $485/mo in Pennine, primarily driven by the current value of real estate in the Pennine area. While nearly 47.78% of residents own their homes outright in Pennine, 28.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pennine is $3,162 per month. Households that rent pay about 15.34% of their income on rent here. Pennine's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Lorraine, TN: equally priced homes
- Watts Bar Dam, TN: higher priced homes
- Spring City, TN: higher priced homes
- Evensville, TN: higher priced homes
- Forest Grove, TN: equally priced homes
- Milo, TN: equally priced homes
- Watts Bar Estates, TN: higher priced homes
- Peakland, TN: equally priced homes
- Grandview, TN: equally priced homes
- Decatur, TN: higher priced homes
Cities with Similar Populations
- Idamay, KY: less expensive homes
- Hillsview, SD: less expensive homes
- Hollis, IL: higher priced homes
- Holly, TX: higher priced homes
- Holt, KY: higher priced homes
- Hood, TX: higher priced homes
- Hoosierville, IN: higher priced homes
- Hornitos, CA: higher priced homes
- Horse Creek, CA: higher priced homes
- Hoxie, TX: higher priced homes
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