Penhook, VA Housing Market
The Penhook housing market is somewhat competitive. The median sale price of a home in Penhook was $1.4M last month, down 9.4% since last year. The median sale price per square foot in Penhook is $410, down 18.0% since last year.
Penhook Housing Market Trends
In July 2025, Penhook home prices were down 9.4% compared to last year, selling for a median price of $1.4M.
since last year
since last year

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How hot is the Penhook 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 12 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 27 days.
- Hot homescan sell for around list price and go pending in around 6 days.
Penhook Migration & Relocation Trends
- Across the nation, 0.11% of homebuyers searched to move into Penhook from outside metros.
- Washington homebuyers searched to move into Penhook more than any other metro followed by Virginia Beach and New York.
- 46% of Penhook homebuyers searched to stay within the Penhook metropolitan area.
- Richmond was the most popular destination among Penhook homebuyers followed by Harrisburg and Myrtle Beach.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jun '25 - Aug '25 | ||
1 | 275 | ||
2 | 176 | ||
3 | 44 | ||
4 | 34 | ||
5 | 28 | ||
6 | 25 | ||
7 | 23 | ||
8 | 21 | ||
9 | 21 | ||
10 | 21 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jun '25 - Aug '25 | ||
1 | 32 | ||
2 | 18 | ||
3 | 17 | ||
4 | 10 | ||
5 | 8 | ||
6 | 7 | ||
7 | 4 | ||
8 | 4 | ||
9 | 3 | ||
10 | 3 |
View houses in Penhook that sold recently
Recently sold homes
- $460,000 Last Sold Price—beds—baths—sq ftLot 476 Southwood Dr, Penhook, VA 24137List Price$499,000Sale to List8% under listDays on Market284 daysLot 476 Southwood Dr, Penhook, VA 24137
- $75,000 Last Sold Price—beds—baths—sq ftLot 508 South View Cir, Penhook, VA 24137List Price$69,900Sale to List7% over listDays on Market424 daysLot 508 South View Cir, Penhook, VA 24137
- $395,000 Last Sold Price4 beds3 baths3,180 sq ft6680 Snow Creek Rd, Penhook, VA 24137List Price$399,000Sale to List1% under listDays on Market147 days6680 Snow Creek Rd, Penhook, VA 24137
- $1,600,000 Last Sold Price4 beds3.5 baths3,848 sq ft40 Big Cove Dr, Penhook, VA 24137List Price$1,829,999Sale to List13% under listDays on Market162 days40 Big Cove Dr, Penhook, VA 24137
- $1,980,000 Last Sold Price6 beds4 baths4,874 sq ft40 Sandpiper Cir, Penhook, VA 24137List Price$1,975,000Sale to List0% over listDays on Market147 days40 Sandpiper Cir, Penhook, VA 24137
- $1,077,000 Last Sold Price5 beds3 baths2,940 sq ft1196 Jefferson Dock Rd, Penhook, VA 24137List Price$999,888Sale to List8% over listDays on Market29 days1196 Jefferson Dock Rd, Penhook, VA 24137
- $3,425,000 Last Sold Price5 beds5 baths4,825 sq ft95 Shoreline Cir, Penhook, VA 24137List Price$3,490,000Sale to List2% under listDays on Market67 days95 Shoreline Cir, Penhook, VA 24137
- $260,000 Last Sold Price2 beds2 baths1,824 sq ft154 Snowden Ln, Penhook, VA 24137List Price$279,900Sale to List7% under listDays on Market74 days154 Snowden Ln, Penhook, VA 24137
See all recently sold homes in Penhook.
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Schools in Penhook
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
Climate's impact on Penhook housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Penhook.
Flood Factor - Moderate
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Wind likelihood over time
Heat Factor - Major
Heat Factor

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