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Penrose housing market report

12 homes for sale, median asking price $507,500 - Penrose is a buyer's market today. Calculated live, right now.

Penrose right now

12
Homes for sale
$507,500
Median asking price
$254
Median per sq ft
68
Median days on market
3
New in last 30 days
6.9
Months of supply
Penrose is a buyer's market right now

Over 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.

There are 12 homes for sale and 21 sold in the last twelve complete months, which is 6.9 months of supply. Homes that sold went for a median of 98% of their asking price after a median 124 days on the market.

Asking prices in Penrose currently run from $269,900 to $850,000, on a median home of about 1,634 square feet with 3 bedrooms.

What actually sold in Penrose

21
Sold, last 12 months
$525,000
Median sold price
$252
Median sold per sq ft
124
Median days to sell
98%
Sold vs asking price
2
Sold in last 30 days
Homes sold each month in Penrose, last twelve complete months
MonthHomes soldMedian sold price
Sep 20253$343,000
Oct 20253$260,000
Nov 20252$666,000
Dec 20252$445,000
Feb 20261$362,000
Mar 20262$597,500
May 20264$646,500
Jun 20261$635,000
Jul 20261$675,000
Aug 20262$547,000

What is on the market

By price

PriceFor saleShare
Under $300k433%
$300k to $500k217%
$500k to $750k433%
$750k to $1M217%

By size

BedroomsFor saleMedian asking price
1 bedroom1$650,000
3 bedrooms7$475,000
4 bedrooms3$600,000
5 or more1$850,000

Homes for sale in Penrose

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Penrose neighborhoods

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Nearby markets

Penrose sits in Fremont County. See the whole Fremont County report, or compare one of its other markets:

Or read the two markets side by side on one page:

Questions people ask about the Penrose market

How many homes are for sale in Penrose, Colorado?

There are 12 residential homes for sale in Penrose right now, 3 of which came on the market in the last 30 days. Asking prices run from $269,900 to $850,000.

What is the median home price in Penrose?

The median asking price is $507,500, about $254 per square foot. Homes that actually closed in the last twelve complete months sold for a median of $525,000 - roughly $252 per square foot.

Is Penrose a buyer’s or a seller’s market right now?

Penrose is a buyer's market: 6.9 months of supply, worked out from 12 homes for sale against 21 sales over the last twelve complete months. Over 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.

How long do homes take to sell in Penrose?

Homes on the market today have been listed a median of 68 days, and the ones that sold in the last twelve complete months took a median of 124 days from listing to closing. They sold for a median of 98% of their asking price.

How many homes sold in Penrose in the last year?

21 homes closed in Penrose over the last twelve complete calendar months, 3 of them in the last 90 days and 2 in the last 30. The month-by-month table on this page shows how that was spread across the year.

How current are these Penrose numbers?

They are computed the moment you open this page, straight from the live MLS feed - not published once a month and left to go stale. Residential listings only; rentals, land, commercial and fractional co-ownership shares are excluded so they cannot distort the medians.

Every number on this page is recalculated from the live MLS feed at the moment the page loads - it is not a monthly snapshot. Homes for sale, prices and days on market are residential listings only; 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.

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