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Penrose Homes for Sale

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Penrose real estate, live from the MLS: 24 homes for sale in Penrose from $176K to $1.3M; the median Penrose home lists at $485K for 1,800 square feet. The price bands, ZIP codes and monthly payment on the median home follow the listings. Call or text 303-955-4220. A live person answers.

37 Properties Found
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Penrose Homes for Sale Market Stats

37
Homes Listed
103
Avg. Days on Site
$243
Avg. $ / Sq.Ft.
$530,692
Med. List Price

Penrose homes for sale: the market in numbers

Three numbers frame a Penrose purchase: the median list price ($485K), the price per square foot ($256) and the HOA, which 100 percent of Penrose listings do not have. 24 Penrose homes are for sale today from $176K to $1.3M, and 12 lots and parcels sit alongside them. Everything below comes straight from this week's listings.

Property types

24 houses, 0 condos and townhomes

Penrose is a single-family market; condos and townhomes are 0 of the 24 listings. 12 lots and land parcels are listed separately.

The median home

$485K · 1,800 sq ft

$256 per square foot at the median. Compare two Penrose homes on the per-foot number and the condition before the list price.

HOA

100% have no HOA

The 0 that do carry one run a median $0 a month, mostly townhomes and newer subdivisions.

Penrose homes for sale by price3Under $275K6$275K to $400K2$400K to $475K6$475K to $650K2$650K to $850K5Over $850K
11 of the 24 Penrose homes for sale are under $475K.
Penrose homes for sale by bedrooms11 bed or studio153 beds74 beds15+ beds
3 beds is the most common Penrose listing this week.

Penrose homes for sale by ZIP code

Homes for sale by ZIP code in Penrose8124023814201

81240 carries the most Penrose listings this week (23), then 81420 (1). Filter the grid above by ZIP with the map, or text the ZIP to 303-955-4220 for that list.

Everything listed in Penrose by property typeResidential24Land12

What the median Penrose home costs per month

Median Penrose home, $485K, 5% down, 7% note rate: about $3,620 a monthPrincipal and interest$3,065Property tax (about 0.55%)$222Homeowners insurance$141Mortgage insurance (5% down)$192A seller-paid 2-1 buydown takes year one to 5%: $2,473 principal and interest, $592 a month less.
Taxes, insurance and mortgage insurance add about $555 a month to the note on the median Penrose home. Can I afford a home now? runs your own numbers.

Questions people ask about Penrose homes for sale

How many homes are for sale in Penrose, Colorado right now?

24 houses this week, $176K to $1.3M, median about $485K, plus 12 lots and land listings. The grid at the top of this page is the live MLS list and refreshes daily.

Is there new construction in Penrose?

Builders list new homes on the MLS when they have them; Colorado new construction homes for sale shows every builder's inventory by city with the incentives.

What should I check before making an offer on a Penrose home?

The price per square foot against the other listings in the same ZIP ($256 is the Penrose median), the days on market, the HOA or metro district if there is one, the sewer line and roof age on older homes, and whether the seller pays a closing-cost credit or a rate buydown. Seller concessions for Colorado buyers shows what to ask for.

Which Penrose ZIP code has the most homes for sale?

81240 with 23 this week, then 81420 with 1. Each ZIP is its own market inside Penrose; compare price per square foot within the ZIP, not across the city.

What does a home in Penrose cost per month?

About $3,620 a month on the median $485K home with 5 percent down at a 7 percent note rate: $3,065 principal and interest, $222 property tax, $141 insurance, $192 mortgage insurance. A seller-paid 2-1 buydown cuts year one by $592. More: Can I afford a home now?.

Are there condos or townhomes for sale in Penrose?

Few: 0 of 24 listings this week. Penrose is a single-family market; the nearby cities in the table above carry more attached homes. More: luxury Townhomes and Condos in Denver.

New Penrose listings the day they hit

Text PENROSE and your price range to 303-955-4220. A live person answers, sets up the saved search and sends the disclosures on any home you want to see.

Call or text 303-955-4220 Search all Colorado homes

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