Penrose, NC Housing Market & City Data

Explore key insights and real experiences from people who call Penrose home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

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Population Estimate
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Median Home Value
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Employment Rate
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Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of October 2026

HOUSING DATA (October 2026)

Median Price per SqFt$253
Median Listing Price$499,000
Median Days on Market82
Active Listings7
New Listings0
Total Listings (Active + Pending)7
Avg Listing Price$493,829
Avg Listing Price Change MoM-13%
Avg Listing Price Change YoY19%

Local Discussions

Community questions and conversations about living in Penrose, NC.

  1. Is Penrose, NC a good place to buy a house?

    Local perspectives on Penrose home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Penrose, NC for families?

    Local insights on Penrose neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Penrose, NC housing market?

    Local insights on Penrose home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Penrose, NC?

    Compare Penrose home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Penrose, NC?

    Explore Penrose neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Penrose, NC?

    Learn how Penrose home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Penrose, NC?

    Learn how Penrose property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Penrose, NC for first-time home buyers?

    Explore Penrose neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Penrose, NC?

    Local perspectives on Penrose neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Penrose, NC?

    What newcomers should know about Penrose housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Penrose, NC

Neighborhoods in Penrose, NC

Get to know neighborhoods in Penrose, ordered by the number of properties in the provider sample.

  • Statford Forest, Penrose

    Statford Forest ↗

    Median asking price
    $322,450
    / sq ft
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    Active listings
    Not available
    properties in discovery sample
    14
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    Nearby schools · estimated

    Ratings not available

  • Morgan Ridge, Penrose

    Morgan Ridge ↗

    Median asking price
    $161,950
    / sq ft
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    Active listings
    Not available
    properties in discovery sample
    12
    —

    Nearby schools · estimated

    Ratings not available

  • Mountain Meadows, Penrose

    Mountain Meadows ↗

    Median asking price
    $134,900
    / sq ft
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    Active listings
    Not available
    properties in discovery sample
    12
    B

    Nearby schools · estimated

    7/10 · 3 schools

  • Little River Ranch, Penrose

    Little River Ranch ↗

    Median asking price
    $345,000
    / sq ft
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    Active listings
    Not available
    properties in discovery sample
    11
    —

    Nearby schools · estimated

    Ratings not available

  • Parkway View, Penrose

    Parkway View ↗

    Median asking price
    $249,000
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    4
    —

    Nearby schools · estimated

    Ratings not available

Data as of . Listing snapshots from Redfin; nearby-school rating estimates.

About these neighborhood estimates

Prices and counts describe active listings returned by the provider, excluding coming-soon and nearby search results. They are asking prices, not sold prices, and may not include every home for sale.

Nearby-school grades are FastExpert estimates from the average available ratings of unique public schools returned for sampled neighborhood properties. A: 8–10; B: 6–under 8; C: 4–under 6; D: 2–under 4; F: 1–under 2. Unrated schools are excluded. Nearby schools may not be assigned to a specific address.

Photos show identified local landmarks. Five neighborhoods are shown, ordered by property count. Median asking price breaks a tie.