Housing in Penrose, CO

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$429,250

Median List Price

$572,950

Price Per Sq Ft

$269

Days on Market

87

Active Inventory

16

Months of Supply

4.0

Balanced market

Zillow Home Value

$381,590

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 47.0%List Price 0.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

96.2%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
18.8%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

4

Pending Sales

6

Homes Sold 33.3%New Listings 300.0%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$269

Median List $/SF

$277

Sale $/SF 10.7%List $/SF 1.1%Mar 24Jan 26

Penrose vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Penrose is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$276,100

Median Rent

N/A

Total Housing Units

1,541

Vacancy Rate

8.5%

Owner Occupied

83.9%

Renter Occupied

16.1%

Median Property Tax

$887

per year

Monthly Cost (w/ Mortgage)

$1,010

Housing Types

Single Family
71.3%
Multi-Family
2.1%
Mobile Home
26.7%

The current median sale price in Penrose, CO is $429,250 according to Redfin data. Homes spend a median of 87 days on the market. 0.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $269. About 83.9% of housing units are owner-occupied. The median year homes were built is 1985. There are 1,541 total housing units.