Penrose, MI Housing Market

Homes for sale | City guide

The median sale price of a home in Penrose was $23K last month, up 25.0% since last year.

Trends
Demand
Schools
Climate

Penrose Housing Market Trends

What is the housing market like in Penrose today?

In October 2024, Penrose home prices were up 25.0% compared to last year, selling for a median price of $23K.

$22.5K

Sale Price

$22

Sale $/Sq. Ft.

Under List Price

10%

Days on Market

281

Down Payment

—

Total Homes Sold

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 Detroit add value to a home.

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View houses in Penrose that sold recently

Recently sold homes

SOLD SEP 10, 2024
$22,500 Last Sold Price
3 beds
1 bath
1,012 sq ft
1051 Fernhill St, Detroit, MI 48203
List Price
$25,000
Sale to List
10% under list
Days on Market
27 days
1051 Fernhill St, Detroit, MI 48203

Schools in Penrose

Learn about schools in the Penrose area

Elementary
Middle
High

GreatSchools Rating

2/10

Greenfield Union Elementary-Middle School

Public • PreK-8

231

Students

4 reviews

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.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

69% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

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