Question 1

What is the median sold price in Penhold?

Accepted Answer

The median sold price in Penhold is $365,000 based on 157 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Penhold?

Accepted Answer

The average sold price in Penhold is $382,074. Note that the average ($382,074) is higher than the median ($365,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Penhold?

Accepted Answer

Home prices in Penhold range from $127,500 to $673,000 based on recent sales data. This $545,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Penhold selling above or below asking price?

Accepted Answer

On average, homes in Penhold are selling at 98.9% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Penhold?

Accepted Answer

Homes in Penhold are selling in an average of 52 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Penhold?

Accepted Answer

The average price per square foot in Penhold is $323. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $646,000.

Question 7

How active is the real estate market in Penhold?

Accepted Answer

The Penhold market has seen 157 home sales over the past 2 years, with 23 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

How many new listings are coming to market in Penhold?

Accepted Answer

There have been 8 new listings in Penhold during February 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Penhold?

Accepted Answer

The most common property types selling in Penhold are: detached homes (105 sold, avg $420,263), townhouses (42 sold, avg $320,478), apartments (5 sold, avg $132,100). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Penhold?

Accepted Answer

Detached homes in Penhold are selling for an average of $420,263, with 105 sales over the past 2 years. The average price per square foot for detached homes is $337.

Question 11

How much do condos cost in Penhold?

Accepted Answer

Condos and apartments in Penhold are selling for an average of $132,100, with 5 sales over the past 2 years. Condos typically offer a more affordable entry point into the Penhold market.

Question 12

How much do townhouses cost in Penhold?

Accepted Answer

Townhouses in Penhold are selling for an average of $320,478, with 42 sales over the past 2 years. Townhouses often provide a middle ground between condo living and detached home ownership.

Question 13

Are home prices rising or falling in Penhold?

Accepted Answer

Home prices in Penhold have increased by 0.1% over the past 2 years. The average sold price moved from $466,900 to $467,411. The relatively stable prices suggest a balanced market.

Question 14

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

Accepted Answer

Based on current data, Penhold is a balanced market. Homes are selling in 52 days on average and at 98.9% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 15

What percentage of homes sell above asking price in Penhold?

Accepted Answer

In Penhold, 17% of homes sold above asking price, while 63% sold below asking. A moderate number of homes attract multiple offers.

Question 16

What are the average property taxes in Penhold?

Accepted Answer

The average annual property tax in Penhold is $3,043, with a median of $3,168. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 17

What size homes are selling in Penhold?

Accepted Answer

Homes selling in Penhold range from 630 to 2,191 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 18

How much do home prices vary in Penhold?

Accepted Answer

Penhold shows relatively consistent pricing with a standard deviation of $94,874 around the average price of $382,074. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 19

Where can I find recently sold homes in Penhold?

Accepted Answer

You can view a comprehensive list of houses sold in Penhold right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 20

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 21

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Penhold.

Penhold Sold House Prices & Market Data

Penhold Sold Data Overview

6 Recently Sold Homes in Penhold (Last 30 days • Updated February 24, 2026 at 4:42 PM)

Penhold Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Neighbourhood Sold Data

Frequently Asked Questions

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