Penn Valley, CA

Balanced market-15.6% YoY

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

Price drops:14.3%of listings
Sale-to-list:99.8%

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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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