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Town comparisons › Howard vs Penrose

Howard vs Penrose

Howard and Penrose are both in Fremont County. There are 13 homes for sale in Howard and 12 in Penrose as this page loaded. Howard is the more expensive of the two: a median asking price of $879,000 against $507,500 in Penrose, about 73% higher. Homes are moving faster in Penrose — a median of 68 days on market against 150 in Howard. On months of supply both are a buyer's market right now.

Side by side

MeasureHowardPenrose
Homes for sale1312
New in last 30 days23
Median asking price$879,000$507,500
Median price per sq ft$369$254
Median size (sq ft)2,1041,634
Median bedrooms33
Median days on market15068
Months of supply8.76.9
Sold, last 12 months1821
Median sold price$599,600$525,000
Median days to sell124124
Sold vs asking price96.0%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.

What each market is doing

Howard is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Penrose is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Howard

13
Homes for sale
$879,000
Median asking price
$369
Median per sq ft
150
Median days on market

Penrose

12
Homes for sale
$507,500
Median asking price
$254
Median per sq ft
68
Median days on market

Look at either town on its own

Questions people ask

Is Howard or Penrose more expensive?

Howard is more expensive. The median asking price is $879,000 in Howard against $507,500 in Penrose. By price per square foot, Howard runs $369 and Penrose $254.

Which moves faster, Howard or Penrose?

Homes for sale in Penrose have been on the market a median of 68 days, against 150 days in Howard. Of the homes that actually closed in the last twelve months, Howard took a median of 124 days and Penrose 124.

Is Howard or Penrose the better market for a buyer?

Howard is a buyer's market and Penrose is a buyer's market, measured on months of supply — 8.7 months in Howard and 6.9 in Penrose. More months of supply means more choice and more room to negotiate, so on that measure Howard 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.

How many homes are for sale in Howard and Penrose?

There are 13 homes for sale in Howard and 12 in Penrose as this page loaded, 2 and 3 of them new in the last 30 days.

How current are these figures?

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.