Penrose, CO Housing Market
The Penrose housing market is somewhat competitive. The median sale price of a home in Penrose was $385K last month, up 156.7% since last year. The median sale price per square foot in Penrose is $231, up 6.5% since last year.
Penrose Housing Market Trends
In January 2025, Penrose home prices were up 156.7% compared to last year, selling for a median price of $385K. On average, homes in Penrose sell after 46 days on the market compared to 121 days last year. There were 4 homes sold in January this year, up from 1 last year.

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How hot is the Penrose housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 60 days.
- Hot homescan sell for around list price and go pending in around 40 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 75 days.
- Hot homescan sell for around list price and go pending in around 30 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 55 days.
- Hot homescan sell for about 1% above list price and go pending in around 25 days.
Penrose Migration & Relocation Trends
View houses in Penrose that sold recently
Recently sold homes
- $325,000 Last Sold Price3 beds2 baths1,404 sq ft815 Q St, Penrose, CO 81240List Price$325,000Sale to List0% over listDays on Market48 days815 Q St, Penrose, CO 81240
- $345,000 Last Sold Price3 beds1 bath1,246 sq ft555 3rd St, Penrose, CO 81240List Price$350,000Sale to List1% under listDays on Market34 days555 3rd St, Penrose, CO 81240
- $190,000 Last Sold Price2 beds1 bath672 sq ft659 Turrell Trl, Penrose, CO 81240List Price$200,000Sale to List5% under listDays on Market39 days659 Turrell Trl, Penrose, CO 81240
- $760,000 Last Sold Price4 beds2 baths2,946 sq ft1011 Barnes Ln, Penrose, CO 81240Daniel Kenney • Better Homes & Gardens Real Estate - Kenney & Co.List Price$765,000Sale to List1% under listDays on Market160 days1011 Barnes Ln, Penrose, CO 81240
- $490,000 Last Sold Price5 beds3 baths2,390 sq ft1886 14th St, Penrose, CO 81240List Price$510,000Sale to List4% under listDays on Market704 days1886 14th St, Penrose, CO 81240
- $575,000 Last Sold Price4 beds3 baths2,940 sq ft1635 15th St, Penrose, CO 81240Trey Curry • HomeSmart Preferred RealtyList Price$599,999Sale to List4% under listDays on Market55 days1635 15th St, Penrose, CO 81240
- $390,000—beds—baths—sq ft7 Th St, Penrose, CO 81240List Price—Sale to List—Days on Market—7 Th St, Penrose, CO 81240
- $325,000—beds—baths—sq ft377 Turrell Trl, Penrose, CO 81240List Price—Sale to List—Days on Market—377 Turrell Trl, Penrose, CO 81240
See all recently sold homes in Penrose.
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Schools in Penrose
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- Middle
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GreatSchools Rating
4/10 Penrose Elementary School Public • PreK-6 | 295 Students | 10 reviews |
Climate's impact on Penrose housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Penrose.
Flood Factor - Minor
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Fire Factor - Major
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Wind Factor - Minimal
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Heat Factor - Moderate
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