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Featured local agent — Penn Valley, CA
Sarah Mitchell
Compass Real Estate · Penn Valley, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Penn Valley, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$655,000median sale price
How is the Penn Valley, CA housing market right now?
The median home sale price in Penn Valley, CA is $655,000, up 13.3% year-over-year. Homes sell in an average of 48 days with 4 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Penn Valley a buyer's or seller's market?
Penn Valley, CA is currently a balanced market, based on 4.0 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
48
Average pace
Active listings
4
4.0 months supply
Sale-to-list
97.8%
Below asking
What does the Penn Valley housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $655,000 |
| Median list price | $537,000 |
| Year-over-year price change | +13.3% |
| Average days on market | 48 days |
| Active inventory | 4 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $402/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Penn Valley by property type?
How the Penn Valley, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $655,000 | $402/sq ft | 1 | 48 days |
Source: Redfin · Updated monthly
The Penn Valley housing market is currently classified as a balanced market with a median sale price of $655,000. Prices have risen 13.3% compared to last year, with homes spending an average of 48 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Penn Valley
There are currently 4 homes listed for sale in Penn Valley, California. The median listing price is $537K.
Active listings
4
Homes on market
Median list price
$537K
Avg. days on market
48
Days until sale
New this week
2
Newly listed
Who lives in Penn Valley?
Population
1,197
Median income
$62,966/yr
Median age
52.7 years
Owner-occupied
63.9%
College grads
17.8%
Avg commute
57.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Penn Valley?
Zillow home value
$522,040
Price-to-income
8.3x
Source: Zillow Research
What is it like to live in Penn Valley?
Penn Valley is a community of approximately 1K residents with a median age of 52.7 years.The median household income is $62,966, which represents a working-class community with solid middle-income opportunities. 17.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.9%, showing a blend of owner and renter-occupied properties. The average commute time is 57.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Penn Valley offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Penn Valley?
4 schools tracked · 558 students
The largest public schools serving Penn Valley, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Ready Springs Elementary
Grades K-8 · 336 students
Williams Ranch Elementary
Grades K-5 · 185 students
Vantage Point Charter
Grades K-12 · 37 students
Penn Valley Union Special Education Preschool
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Penn Valley, CA?
Want a head-to-head view? Compare Penn Valley side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Penn Valley?
The median home sale price in Penn Valley is $655,000, up 13.3% from last year.
How long do homes stay on market in Penn Valley?
Homes typically spend 48 days on market before going under contract.
What is the median income in Penn Valley?
The median household income is $62,966 per year.
Is Penn Valley a buyer's or seller's market?
With 4.0 months of supply, Penn Valley is currently a balanced market.
What is the Zillow home value estimate for Penn Valley?
The Zillow Home Value Index (ZHVI) for Penn Valley is $522,040, representing the typical home value in the area.
How much does a single-family home cost in Penn Valley?
The median single-family home price in Penn Valley, CA is $655,000 (about $402 per square foot).
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