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Penrose, CO real estate

Compare top Penrose real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for April 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 April 2026. *

Year-over-year trends in Penrose point to a market that has shifted significantly, with typical home values up about 86.28 percent to roughly $647,450. At the same time, inventory is down 23.08 percent from last year and pending sales have fallen 50 percent, indicating fewer buyers are committing even as values climb.

In March 2026, buyers saw a median list price of $400,000 and homes spending a long 224 days on the market, up more than 234 percent from a year earlier. With 20 active listings, 7 new listings, and 3 pending sales, plus about 40 percent of listings cutting prices and a sale-to-list ratio near 0.97, Penrose is functioning as a clear buyer’s market with roughly 5 months of supply.

Looking ahead to April 2026, typical home values are projected to edge up to about $656,175 even as the projected median list price dips to around $387,550 and inventory nudges up to 21 homes. Compared with Fremont County overall, where typical values sit closer to $337,500 and are projected around $330,000, Penrose stands out as the higher-priced pocket within the area. With the market gauge at 67 and labeled a buyer’s market, both buyers seeking opportunity and sellers aiming to price strategically can turn to Agent Pronto to connect with the right local agent.

Penrose, CO real estate
67
Buyer’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.

* Data provided by Redfin, a national real estate brokerage.

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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See why so many people rely on Agent Pronto to make their real estate journey a success.

“Working with Amanda has been an incredible experience from start to finish. She consistently goes above and beyond, bringing not only deep knowledge of the real estate market but also genuine care and dedication to her clients. Amanda is always responsive, patient, and willing to take the time to explain every step of the process. Whether it’s answering questions, navigating challenges, or making sure everything stays on track, she handles it all with professionalism and a positive attitude. What really stands out is her commitment—she truly has her clients’ best interests at heart. Over the years, she has been a trusted resource and advocate, making what can often be a stressful process feel smooth and manageable. I can’t recommend Amanda enough to anyone looking for a knowledgeable, reliable, and supportive real estate agent.”

Justin Heroux · Centennial, CO

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Century 21 Dream Home
“Sean was professional, fun, and extremely knowledgeable. He took our needs seriously and advocated for us all along the way!”

Bret Amundson · Colorado Springs, CO

Photo of Sean Andrews
Corcoran Perry & Co.
“At the beginning of my searching I wasn't really sure on what I needed, he took a long time to have a very good discussion with me about, and we finally agreed on what I should look for. But the one we found was really good!! Recommend it for everyone”

Ngassa · Colorado Springs, CO

Photo of Tega Nikiema
Century 21 Dream Home
“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.”

Thomas T. · Pueblo, CO

Photo of Katie Ely
The Cutting Edge, Realtors
“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.”

Seth and Alicia · Colorado Springs, CO

Photo of Laura Karan
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.”

Cheryl H. · Colorado Springs, CO

Photo of Leif Jacobson
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!”

Denise M. · Aurora, CO

Photo of Hallie  Rand
Coldwell Banker Residential Brokerage
“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!!”

Emily M. · Colorado Springs, CO

Photo of Kaylee Stites
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.”

John M. · Woodland Park, CO

Photo of Rosa Robey
Sweet Magnolia Realty
“Connected me with Scott Coddington, he was a great agent!”

Matthew K. · Colorado Springs, CO

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Pulse Real Estate Group, LLC
“Clark Hess was a pleasure to work with, very professional. We would highly recommend him. Thank you Clark!”

Eryn A. · Jefferson, CO

Photo of Clark Hess
Worth Clark Realty

Frequently Asked Questions

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.