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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

$577,093

AVERAGE PRICE OF 93 HOMES

$82,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,645,455

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$749,900

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$673,583

AVERAGE PRICE OF 6 HOMES WITH A POOL

$651,655

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $577,093
Avg Bedrooms 2.3 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $28,666
2 bedrooms $423,750
3 bedrooms $657,944
4 bedrooms $926,060
5 bedrooms $2,625,000
Penn Valley Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 72 57 57 59 67
Average Price $558,846 $461,502 $447,683 $434,584 $493,285
Avg Price Change +21.09% +3.09% +3.01% -13.51% -11.05%
Median Price $504,761 $471,411 $483,421 $429,990 $448,550
Med Price Change +7.07% -2.55% +12.43% -4.32% -5.73%
Avg Bedrooms 2.32 beds 2.05 beds 2.07 beds 2.11 beds 2.17 beds
Avg Bathrooms 2.08 baths 1.86 baths 1.82 baths 1.85 baths 1.91 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 93 $577,093 69 days
Distressed Homes 1 $82,000 50 days
Multi-Million Dollar Homes 11 $1,645,455 34 days
Newly Built Homes 1 $749,900 177 days
Homes with a Pool 6 $673,583 61 days
Reduced Price Homes 9 $651,655 71 days
Sierra Heritage Realty
Alan Savage - Broker
530-615-0111
DRE# 02208331

The real estate listing data marked with this icon comes from the IDX program of the Sacramento Metrolist Multiple Listing Service™ system. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. Copyright 2024 MetroList Services, Inc.
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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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