Housing Prices in Penrose, NC
How much do homes in Penrose, NC cost?
Median List Price
$439,000
$237/sqft
Based on all homes listed in the last 12 months.
Difference Since June 2023
Key Takeaway
The list price of homes in Penrose has decreased by 2.4% since last year.
Summary: The median home list price in Penrose was $439,000 in June 2024, down 2.4% from the previous year, and the median price per square foot was $237.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $449K | $589K | +31.2% |
| 3 Bedrooms | $465K | $393.4K | -15.4% |
| 4 Bedrooms | $470K | $436.5K | -7.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Penrose housing prices by bedroom type for June 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 15.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Boyd Township | $340.5K | $440K | +29.2% |
| Crab Creek Township | $489K | $575K | +17.6% |
| Little River Township | $450K | $500K | +11.1% |
| Pisgah Forest | $475K | $500K | +5.3% |
| Penrose | $450K | $439K | -2.4% |
Housing Supply in Penrose, NC
How many homes are available in Penrose, NC?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Penrose real estate market had 9 homes for sale in June 2024, a 12.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Penrose housing inventory by bedroom type for June 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 25%, 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 112 Days | 62 Days | -44.9% |
Summary: Homes in Penrose had an average listing age of 62 days in Jun 2024, down by 44.9% compared to the previous year.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.