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Home values, rents and more in Penhook, VA

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$504,000
Metro: $298,000 · U.S.: $366,000
Home values, past year
+2.8%
Metro: +3.2% · U.S.: +1.2%
Population
1,250
ACS 2020–24
Median household income
$108,750
Metro: $68,761 · U.S.: $80,734
ZIP codes around Penhook, VA, shaded by typical home valuePenhook2413724176
  • Under $240k
  • $240k–$340k
  • $340k–$510k
  • $510k–$550k
  • $550k+
  • No data
ZIP codes around Penhook, VA, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Penhook is outlined.

How Penhook compares

The typical home in Penhook, VA is worth about $504,000, according to the Zillow Home Value Index for September 2026. Home values in Penhook are 1.7 times the typical value in the Roanoke metro area ($298,000) and 38% above the U.S. typical value ($366,000).

Over the past year, home values in Penhook rose 2.8%, compared with +3.2% in the Roanoke metro area and +1.2% nationally.

The median household income is $108,750, against $68,761 in the Roanoke metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 1,250 people live in Penhook (American Community Survey 2020–24).

Penhook has the 2nd-highest typical home value of the 16 cities in the Roanoke metro area and the 65th-highest of 382 in Virginia with Zillow figures.

Part of: Franklin County, VA · Roanoke metro area · Virginia

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Penhook, VA

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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