Housing Prices in Penrose, NC

How much do homes in Penrose, NC cost?

Median List Price

$464,950

$237/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$44,950(+10.7%)

Key Takeaway

The list price of homes in Penrose has increased by 10.7% since last year.

Summary: The median home list price in Penrose was $464,950 in October 2024, up 10.7% from the previous year, and the median price per square foot was $237.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $384.9K$775K
+101.3%
3 $420K$464.9K
+10.7%
4 $414.5K$429.9K
+3.7%
5+ --
N/A

Summary: Penrose housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 101.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Boyd Township
+28.1%
Crab Creek Township
+22.3%
Pisgah Forest
+12.0%
Penrose
+10.7%
Little River Township
-3.8%

Housing Supply in Penrose, NC

How many homes are available in Penrose, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
23+50.0%

Summary: The Penrose real estate market had 3 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Penrose housing inventory by bedroom type for October 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 100%, 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

Oct 2023Oct 2024CHANGE
140 Days115 Days-18.0%

Summary: Homes in Penrose had an average listing age of 115 days in Oct 2024, down by 18% compared to the previous year.

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

Report Updated 16 Days Ago

Newest Listings in Penrose, NC

Nearby Markets to Penrose, NC

What housing markets are near Penrose, NC?