Housing Prices in Penrose, NC
How much do homes in Penrose, NC cost?
Median List Price
$464,950
$253/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Penrose has increased by 3.3% since last year.
Summary: The median home list price in Penrose was $464,950 in March 2024, up 3.3% from the previous year, and the median price per square foot was $253.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $449.5K | $489.9K | +9.0% |
| 3 Bedrooms | $465K | $466.9K | 0.4% |
| 4 Bedrooms | $584.5K | $434K | -25.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Penrose housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 25.7%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Boyd Township | $347.9K | $396.2K | +13.9% |
| Little River Township | $449.5K | $500K | +11.2% |
| Crab Creek Township | $499K | $549K | +10.0% |
| Pisgah Forest | $469K | $487K | +3.8% |
| Penrose | $450K | $464.9K | +3.3% |
Housing Supply in Penrose, NC
How many homes are available in Penrose, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Summary: The Penrose real estate market had 6 homes for sale in March 2024, a 200.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 5 | +150.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Penrose housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 100%, 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 157 Days | 43 Days | -72.5% |
Summary: Homes in Penrose had an average listing age of 43 days in Mar 2024, down by 72.5% compared to the previous year.
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