Housing Prices in Penrose, NC

How much do homes in Penrose, NC cost?

Median List Price

$459,900

$245/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$9,900(+2.2%)

Key Takeaway

The list price of homes in Penrose has increased by 2.2% since last year.

Summary: The median home list price in Penrose was $459,900 in May 2024, up 2.2% from the previous year, and the median price per square foot was $245.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $449K$589K
+31.2%
3 $469.5K$399.9K
-14.8%
4 $584.5K$459.9K
-21.3%
5+ --
N/A

Summary: Penrose housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.2%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes decreased by 21.3%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Boyd Township
+20.5%
Crab Creek Township
+17.6%
Little River Township
+11.1%
Pisgah Forest
+5.9%
Penrose
+2.2%

Housing Supply in Penrose, NC

How many homes are available in Penrose, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
610+66.7%

Summary: The Penrose real estate market had 10 homes for sale in May 2024, a 66.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 55
0.0%
4 14
+300.0%
5+ 00
0.0%

Summary: The Penrose housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.

Days on Market for Penrose, NC

How long does it take to sell a home in Penrose, NC?

Average Listing Age

May 2023May 2024CHANGE
140 Days42 Days-70.1%

Summary: Homes in Penrose had an average listing age of 42 days in May 2024, down by 70.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Penrose, NC

Nearby Markets to Penrose, NC

What housing markets are near Penrose, NC?