Housing Prices in Penrose, NC

How much do homes in Penrose, NC cost?

Median List Price

$479,000

$271/sqft

Based on all homes listed in the last 12 months.

Difference Since January 2023

+$29,000(+6.4%)

Key Takeaway

The list price of homes in Penrose has increased by 6.4% since last year.

Summary: The median home list price in Penrose was $479,000 in January 2024, up 6.4% from the previous year, and the median price per square foot was $271.

Median List Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 --
N/A
2 $449K$384.9K
-14.3%
3 $465K$492K
+5.8%
4 $584.5K$414.5K
-29.1%
5+ --
N/A

Summary: Penrose housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 29.1%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Boyd Township
+13.3%
Little River Township
+11.4%
Pisgah Forest
+7.2%
Penrose
+6.4%
Crab Creek Township
-2.1%

Housing Supply in Penrose, NC

How many homes are available in Penrose, NC?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
440.0%

Summary: The Penrose real estate market had 4 homes for sale in January 2024, the same as December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Penrose housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, 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

Jan 2023Jan 2024CHANGE
126 Days109 Days-13.8%

Summary: Homes in Penrose had an average listing age of 109 days in Jan 2024, down by 13.8% compared to the previous year.

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

Report Updated 29 Days Ago

Newest Listings in Penrose, NC

Nearby Markets to Penrose, NC

What housing markets are near Penrose, NC?