The Penrose housing market is very competitive. The median sale price of a home in Penrose was $648K last month, down 7.2% since last year. The median sale price per square foot in Penrose is $500, down 50.0% since last year.
In March 2024, Penrose home prices were down 7.2% compared to last year, selling for a median price of $648K. On average, homes in Penrose sell after 26 days on the market compared to 30 days last year. There were 3 homes sold in March this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$647,500
-7.2% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Penrose, VA
$647,500
-7.2%
United States
To compare other locations to the Penrose and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Arlington add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Penrose housing market?
Penrose is very competitive. Homes sell in 26 days.
0
100
83
Very Competitive
Redfin Compete Score™
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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 26 days.
Hot homes
can sell for about 2% above list price and go pending in around 14 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Long Branch Elementary School
Public • PreK-5
631
Students
12 reviews
NR
Tech. Ed. & Career Center
Public • N/A
-
Students
3 reviews
NR
Family Education Center For Parenting Teens
Public • N/A
-
Students
N/A
NR
Governor's Academy For Career And Technical Education In Arlington
Public • N/A
-
Students
N/A
NR
Montessori Public School of Arlington
Public • PreK-5 • Choice school
-
Students
N/A
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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.
Risk Factor
Flood Factor - Major
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Penrose has a major risk of flooding. 95 properties in Penrose are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Penrose. Flood risk is increasing slower than the national average.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Penrose has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Penrose is most at risk from hurricanes. 883 properties in Penrose have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 74 mph.