Revolutionizing · Modernizing · SimplifyingRevolutionizing · Modernizing · SimplifyingFlorence and Penrose are both in Fremont County. There are 10 homes for sale in Florence and 12 in Penrose as this page loaded. Penrose is the more expensive of the two: a median asking price of $507,500 against $327,000 in Florence, about 55% higher. Homes are moving faster in Florence — a median of 45 days on market against 68 in Penrose. On months of supply both are a buyer's market right now.
| Measure | Florence | Penrose |
|---|---|---|
| Homes for sale | 10 | 12 |
| New in last 30 days | 2 | 3 |
| Median asking price | $327,000 | $507,500 |
| Median price per sq ft | $247 | $254 |
| Median size (sq ft) | 1,335 | 1,634 |
| Median bedrooms | 3 | 3 |
| Median days on market | 45 | 68 |
| Months of supply | 17.1 | 6.9 |
| Sold, last 12 months | 7 | 21 |
| Median sold price | $250,000 | $525,000 |
| Median days to sell | 130 | 124 |
| Sold vs asking price | 96.0% | 98.0% |
The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.
Penrose is more expensive. The median asking price is $507,500 in Penrose against $327,000 in Florence. By price per square foot, Florence runs $247 and Penrose $254.
Homes for sale in Florence have been on the market a median of 45 days, against 68 days in Penrose. Of the homes that actually closed in the last twelve months, Florence took a median of 130 days and Penrose 124.
Florence is a buyer's market and Penrose is a buyer's market, measured on months of supply — 17.1 months in Florence and 6.9 in Penrose. More months of supply means more choice and more room to negotiate, so on that measure Florence is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.
There are 10 homes for sale in Florence and 12 in Penrose as this page loaded, 2 and 3 of them new in the last 30 days.
They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.
Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.