Brokers — List your Company Here
Featured local agent — Penney Farms, FL
Sarah Mitchell
Compass Real Estate · Penney Farms, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Penney Farms, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$50,000median sale price
How is the Penney Farms, FL housing market right now?
The median home sale price in Penney Farms, FL is $50,000. Homes sell in an average of 20 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of October 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Penney Farms a buyer's or seller's market?
Penney Farms, FL is currently a seller's market, based on 1.0 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
20
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
71.5%
Below asking
What does the Penney Farms housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $50,000 |
| Average days on market | 20 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 71.5% |
| Median price per sq ft | $51/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Penney Farms by property type?
How the Penney Farms, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $50,000 | $51/sq ft | 1 | 20 days |
Source: Redfin · Updated monthly
The Penney Farms housing market is currently classified as a seller's market with a median sale price of $50,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 20 days on market, indicating 1.0 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 Penney Farms
There are currently 1 homes listed for sale in Penney Farms, Florida.
Active listings
1
Homes on market
Avg. days on market
20
Days until sale
Who lives in Penney Farms?
Population
573
Median income
$60,625/yr
Median age
79.9 years
Owner-occupied
14.0%
College grads
51.5%
Avg commute
35.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Penney Farms?
Penney Farms is a community of approximately 1K residents with a median age of 79.9 years.The median household income is $60,625, which represents a working-class community with solid middle-income opportunities. 51.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 14.0%, showing a blend of owner and renter-occupied properties. The average commute time is 35.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Penney Farms offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Penney Farms, FL?
Want a head-to-head view? Compare Penney Farms side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Penney Farms?
The median home sale price in Penney Farms is $50,000, down 0.0% from last year.
How long do homes stay on market in Penney Farms?
Homes typically spend 20 days on market before going under contract.
What is the median income in Penney Farms?
The median household income is $60,625 per year.
Is Penney Farms a buyer's or seller's market?
With 1.0 months of supply, Penney Farms is currently a seller's market.
How much does a single-family home cost in Penney Farms?
The median single-family home price in Penney Farms, FL is $50,000 (about $51 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Penney Farms, FL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Penney Farms market alerts
Weekly updates on prices, inventory, and trends. Free forever.