Housing Prices in Penrose, CO

How much do homes in Penrose, CO cost?

Median List Price

$513,000

$274/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

-$138,450(-21.3%)

Key Takeaway

The list price of homes in Penrose has decreased by 21.3% since March.

Summary: The median home list price in Penrose was $513,000 in April 2024, down 21.3% from the previous month, and the median price per square foot was $274.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$350K
N/A
3 $827.5K$602.5K
-27.2%
4 $520.4K$520.4K
0.0%
5+ --
N/A

Summary: Penrose housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 27.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Cascade
+23.5%
Canon City
0.0%
Pueblo West
0.0%
Penrose-Portland
-17.4%
Penrose
-21.3%

Housing Supply in Penrose, CO

How many homes are available in Penrose, CO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
47+75.0%

Summary: The Penrose real estate market had 7 homes for sale in April 2024, a 75.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 24
+100.0%
4 22
0.0%
5+ 00
0.0%

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

Days on Market for Penrose, CO

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

Average Listing Age

Mar 2024Apr 2024CHANGE
78 Days69 Days-11.6%

Summary: Homes in Penrose had an average listing age of 69 days in Apr 2024, down by 11.6% compared to the previous month.

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

Report Updated Apr 1, 2024

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Newest Listings in Penrose, CO

Nearby Markets to Penrose, CO

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Based on information from Pikes Peak MLS / Colorado Springs Realtor Services Corp., and REColorado for the period 03/01/2024 - 05/01/2024

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