“Kept me up to date, sent great contact information on multiple realtors so With three-4 options there's bound to be a good fit with one and we didn't have to go back for a second search.”
The Cutting Edge, Realtors
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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for March 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Penrose real estate Market Report.
Information and statistics on the latest trends in the Penrose real estate market, updated for March 2026. *
The typical home value in Penrose is projected to be $569,130 for the month of March. February’s finalized data reported the typical value of a home in the city to be $522,500—up 17.74% over the previous 12 months. For comparison, county-level data pegged home values at $357,000 in Fremont County for the most recent reporting period. That number is expected to float around $380,500 in March.
Penrose had 7 new listings and 5 listings that went under contract in February, increasing the area’s total available inventory to 18—up 12.5% from the previous month. Inventory is projected to have further increased in March.
Of those 18 active listings, 16.67% reduced their price in the month of February. The median listing price for homes in Penrose fell 23.22% from January to February, bringing the current median listing price to $439,900. Based on projected data for March, listing prices may continue to fall.
The number of days that homes have been on the market prior to going under contract fell year-over-year. In February 2026, the median time for a listed property to go pending was 188 days, compared to 257 days in February 2025. In recent months the median number of days from listed to pending appears to be decreasing. That trend is predicted to have carried through to this March.
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Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
Learn more about what Penrose has to offer.
Penrose offers residents a close-knit community, scenic surroundings, and easy access to outdoor recreation, essential services, and growing opportunities, all wrapped in a welcoming small-town atmosphere.
Penrose offers small-town living with practical access to larger hubs, positioned along Highway 50 between Pueblo and Cañon City. With a primarily rural landscape and roomy residential lots, it appeals to those who want space, straightforward commutes, and essential services within easy reach.
Daily needs are met by local markets, diners, and service businesses, while broader shopping and healthcare options lie nearby in Pueblo County and Colorado Springs. Families appreciate the Fremont RE-2 School District and community-oriented programs based around Penrose Elementary School. Outdoor lovers enjoy quick access to the Arkansas Riverwalk in Cañon City and recreation in Florence, with hiking, fishing, and scenic drives all close by.
Local favorites like Apple Valley Cider Co. and seasonal events at the Penrose Park & Recreation District add social connection without big-city congestion. The road network makes regional commuting feasible while preserving a quiet, open setting at home.
Real estate in Penrose ranges from modest starter homes to equestrian properties and small acreage, and market conditions can shift quickly between these segments. A knowledgeable local agent can explain water rights, well and septic issues, and valuation for rural parcels, helping you avoid surprises. Agent Pronto connects you with the right Penrose specialist so buying or selling here feels clear, informed, and far less stressful.
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“I had a fantastic experience working with Sean Andrews,He was always incredibly responsive to me questions and kept me informed at every step.”
Corcoran Perry & Co.
“About and beyond”
Century 21 Dream Home
“Laura worked hard to find a home that fit our very particular needs. She took care of everything so we had peace of mind, so much so we felt comfortable leaving for vacation just before closing! She worked with our POA to close and kept me in the loop until the deal was completed. Highly recommend working with her as she cared so much about us as clients.”
RE/MAX Real Estate Group
“Leif was a pleasure at work with and gave me great advice. He sold my house quickly for over asking and we closed in a month.”
eXp Realty
“Our realtor, Hallie Rand, was the best. She was very knowledgeable in the areas we wanted to purchase a condo in. She didn't waste our time showing places out of our price range and in areas not suitable for us. She was always pleasant and always a phone call away when we needed advice. Excellent realtor!”
Coldwell Banker Residential Brokerage
“Your ability to work across teams and departments is a strength not everyone has. Amazing person and great worker, Thankssss”
Century 21 Dream Home
“Kaylee was incredibly helpful in my homebuying process!! She had extensive knowledge on all of the questions I had and spent time to go through everything in detail. I was able to trust her every step of the way. I truly could not have gone through this process without her!!”
Century 21 Century21 Dream Gome
“Rosa was faced with an outdated house in a remote area to try and sell. Additionally, one of the two sellers was out of state and somewhat difficult to contact. Rosa navigated all of the issues with great tact and sold the house for top dollar in the middle of the winter. Rosa always kept me informed and was a pleasure to work with.”
Sweet Magnolia Realty
“Connected me with Scott Coddington, he was a great agent!”
Pulse Real Estate Group, LLC
“Clark Hess was a pleasure to work with, very professional. We would highly recommend him. Thank you Clark!”
Worth Clark Realty
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Penrose. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Penrose Realtor® or real estate agent today.
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