Penngrove’s housing trends show some notable shifts compared with the wider Sonoma County area. Local typical home values are around $1,550,000, well above the county’s $815,000. County values are down about 1.69% year over year, while Penngrove is seeing much sharper month-to-month movement instead.
In February 2026, the median list price in Penngrove was about $1,375,000, and prices dipped nearly 9.72% from the prior month. Homes are taking longer to sell, with the median days on market jumping to 145, and inventory rising 50% to 6 active listings, creating roughly 6 months of supply.
Pricing dynamics have been unusual, with 100% of recent sales closing above list and an average sale-to-list ratio near 1.29. Yet projections for March 2026 point to some cooling, with a projected typical home value around $1,078,125, a projected median list price near $1,301,012, and inventory edging up to about 7 homes. With a market gauge of 60, Penngrove currently leans toward a buyer’s market, especially compared with the broader county figures. Whether buyers are looking to navigate these shifting prices or sellers want to make the most of strong sale-to-list ratios, Agent Pronto can connect both with an agent who understands the local data.
