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Penn Valley

Why you'd want to live in Penn Valley

Located in the scenic Sierra Foothills of Northern California, this home town community is a great place to raise a family or retire in serene surroundings. For nature lovers and outdoor sports enthusiasts Penn Valley is a year round playground. Penn Valley schools are top-rated and it’s always fun to recreate at Western Gateway Park. Signature events, such as the Penn Valley Rodeo and Rodeo Parade, the Daffodil Run and Living History days at Bridgeport offer exciting and educational experiences. Sacramento, Truckee, Lake Tahoe and Reno are all within a 1.5 hour drive and the historic towns of Grass Valley and Nevada City are only minutes away. Life doesn’t get much better than it is in Penn Valley via Penn Valley Chamber of Commerce

Penn Valley Lake Wildwood Gated Community Covered Bridge

Penn Valley Market Report

$761,560

AVERAGE PRICE OF 40 HOMES

$489,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,644,000

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$1,223,500

AVERAGE PRICE OF 4 HOMES WITH A POOL

$539,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $761,560
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.8 baths

Average Price by Bedrooms

1 bedroom $650,000
2 bedrooms $424,950
3 bedrooms $730,914
4 bedrooms $928,088
5 bedrooms $875,000
Penn Valley Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 45 44 54 62 75
Average Price $718,249 $707,393 $683,082 $690,614 $700,456
Avg Price Change +1.53% +3.56% -1.10% -1.43% -3.36%
Median Price $597,194 $549,616 $532,946 $534,275 $561,500
Med Price Change +8.66% +3.13% -0.25% -5.10% -0.45%
Avg Bedrooms 3.14 beds 3.26 beds 3.25 beds 3.26 beds 3.24 beds
Avg Bathrooms 2.76 baths 2.72 baths 2.66 baths 2.65 baths 2.69 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 40 $761,560 90 days
Distressed Homes 1 $489,900 18 days
Multi-Million Dollar Homes 6 $1,644,000 163 days
Homes with a Pool 4 $1,223,500 178 days
Reduced Price Homes 2 $539,500 103 days
Sierra Heritage Realty
John Miller- Broker
530-615-0111
DRE# 01973543

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The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than {listing office} are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The information being provided is for the consumers personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
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