Penn Valley, CA
Housing market overview · Updated weekly
$399,000median sale price
Homes sold
1
Last 12 weeks
Days on market
13
Fast-moving
Active listings
7
7.0 months supply
Sale-to-list
99.8%
Below asking
The Penn Valley housing market is currently classified as a balanced market with a median sale price of $399,000. Prices have fallen 15.6% compared to last year, with homes spending an average of 13 days on market, indicating 7.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Penn Valley
There are currently 7 homes listed for sale in Penn Valley, California. The median listing price is $450K.
Active listings
7
Homes on market
Median list price
$450K
Avg. days on market
13
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Penn Valley?
The median home sale price in Penn Valley is $399,000, down 15.6% from last year.
How long do homes stay on market in Penn Valley?
Homes typically spend 13 days on market before going under contract.
Is Penn Valley a buyer's or seller's market?
With 7.0 months of supply, Penn Valley is currently a balanced market.
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