Penhook, VA

Buyer's market+89.5% YoY

Housing market overview · Updated weekly

$1.80Mmedian sale price

Homes sold

1

Last 12 weeks

Days on market

Average pace

Active listings

12

12.0 months supply

Sale-to-list

100.0%

Above asking

The Penhook housing market is currently classified as a buyer's market with a median sale price of $1.80M. Prices have risen 89.5% compared to last year, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Penhook

There are currently 12 homes listed for sale in Penhook, Virginia. The median listing price is $1.6M.

Active listings

12

Homes on market

Median list price

$1.6M

New this week

3

Newly listed

Price drops:8.3%of listings
Sale-to-list:100.0%

Explore nearby cities in VA

Frequently asked questions

What is the average home price in Penhook?

The median home sale price in Penhook is $1.80M, up 89.5% from last year.

Is Penhook a buyer's or seller's market?

With 12.0 months of supply, Penhook is currently a buyer's market.

Get Penhook market alerts

Weekly updates on prices, inventory, and trends. Free forever.