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Penhook, VA real estate

Compare top Penhook real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 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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Penhook real estate Market Report.

Information and statistics on the latest trends in the Penhook real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$725K
-4.5% from Q1 '26
Median list price
$1.6M
+44% from Q1 '26
Active listings
23
+15% from Q1 '26
Homes sold
5
+67% from Q1 '26
New pendings
6
+20% from Q1 '26
New listings
11
+22% from Q1 '26

Quarterly Pricing Trends for Penhook

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Penhook Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $960K Median sale price in Jul 2021 - Sep 2021: $894K Median sale price in Oct 2021 - Dec 2021: $967K Median sale price in Jan 2022 - Mar 2022: $865K Median sale price in Apr 2022 - Jun 2022: $1.1M Median sale price in Jul 2022 - Sep 2022: $912K Median sale price in Oct 2022 - Dec 2022: $950K Median sale price in Jan 2023 - Mar 2023: $1.1M Median sale price in Apr 2023 - Jun 2023: $932K Median sale price in Jul 2023 - Sep 2023: $955K Median sale price in Oct 2023 - Dec 2023: $1.6M Median sale price in Jan 2024 - Mar 2024: $530K Median sale price in Apr 2024 - Jun 2024: $1.7M Median sale price in Jul 2024 - Sep 2024: $848K Median sale price in Oct 2024 - Dec 2024: $1.4M Median sale price in Jan 2025 - Mar 2025: $950K Median sale price in Apr 2025 - Jun 2025: $1.2M Median sale price in Jul 2025 - Sep 2025: $1.1M Median sale price in Oct 2025 - Dec 2025: $2.2M Median sale price in Jan 2026 - Mar 2026: $759K Median list price in Apr 2021 - Jun 2021: $899K Median list price in Jul 2021 - Sep 2021: $969K Median list price in Oct 2021 - Dec 2021: $1.5M Median list price in Jan 2022 - Mar 2022: $865K Median list price in Apr 2022 - Jun 2022: $1.2M Median list price in Jul 2022 - Sep 2022: $675K Median list price in Oct 2022 - Dec 2022: $1.5M Median list price in Jan 2023 - Mar 2023: $1.4M Median list price in Apr 2023 - Jun 2023: $719K Median list price in Jul 2023 - Sep 2023: $1.4M Median list price in Oct 2023 - Dec 2023: $2.2M Median list price in Jan 2024 - Mar 2024: $560K Median list price in Apr 2024 - Jun 2024: $1.6M Median list price in Jul 2024 - Sep 2024: $850K Median list price in Oct 2024 - Dec 2024: $999K Median list price in Jan 2025 - Mar 2025: $1.9M Median list price in Apr 2025 - Jun 2025: $1.5M Median list price in Jul 2025 - Sep 2025: $1.5M Median list price in Oct 2025 - Dec 2025: $767K Median list price in Jan 2026 - Mar 2026: $1.1M Apr 2021 - Jun 2021 Median sale price $960K Median list price $899K Jul 2021 - Sep 2021 Median sale price $894K Median list price $969K Oct 2021 - Dec 2021 Median sale price $967K Median list price $1.5M Jan 2022 - Mar 2022 Median sale price $865K Median list price $865K Apr 2022 - Jun 2022 Median sale price $1.1M Median list price $1.2M Jul 2022 - Sep 2022 Median sale price $912K Median list price $675K Oct 2022 - Dec 2022 Median sale price $950K Median list price $1.5M Jan 2023 - Mar 2023 Median sale price $1.1M Median list price $1.4M Apr 2023 - Jun 2023 Median sale price $932K Median list price $719K Jul 2023 - Sep 2023 Median sale price $955K Median list price $1.4M Oct 2023 - Dec 2023 Median sale price $1.6M Median list price $2.2M Jan 2024 - Mar 2024 Median sale price $530K Median list price $560K Apr 2024 - Jun 2024 Median sale price $1.7M Median list price $1.6M Jul 2024 - Sep 2024 Median sale price $848K Median list price $850K Oct 2024 - Dec 2024 Median sale price $1.4M Median list price $999K Jan 2025 - Mar 2025 Median sale price $950K Median list price $1.9M Apr 2025 - Jun 2025 Median sale price $1.2M Median list price $1.5M Jul 2025 - Sep 2025 Median sale price $1.1M Median list price $1.5M Oct 2025 - Dec 2025 Median sale price $2.2M Median list price $767K Jan 2026 - Mar 2026 Median sale price $759K Median list price $1.1M
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
38
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Penhook’s rolling three-month snapshot shows a market with more options and steady contract activity. Active listings are up sharply year over year, and pending sales have also grown, signaling that buyers are still stepping in even as inventory builds.

Pricing has moved lower over the past year, with the typical home value down more than 20 percent on a rolling basis while median list prices have also slipped versus a year ago. At the same time, the average sale-to-list ratio has edged down to just under 96 percent, and no recent sales closed above list price, indicating buyers have gained some negotiating room.

Conditions have shifted toward a slower pace, with median days on market surging dramatically from a year ago and months of supply more than tripling to over 10 months. With homes taking longer to sell but more buyers writing contracts than a year ago, understanding local trends and property-level nuances matters more than ever, and Agent Pronto can connect both buyers and sellers with a skilled Penhook agent to guide their next move.



Learn more about what Penhook has to offer.

Penhook offers residents a close-knit community, scenic countryside, and convenient access to outdoor recreation and essential services that support a welcoming, small-town lifestyle.

Penhook is a small lakeside community known for its easy access to Smith Mountain Lake and practical, year round appeal. Located between Roanoke and Rocky Mount, it offers a quieter setting with straightforward routes to larger employment and shopping centers.

Everyday errands are simple, with local markets and services nearby and more extensive options in Westlake Corner. Outdoor enthusiasts appreciate quick access to boating and fishing from marinas such as Crazy Horse Marina, along with golf at The Water’s Edge Country Club. The broader Smith Mountain Lake State Park area provides swimming beaches, hiking trails, and picnic areas, making weekend plans easy without a long drive.

Families are served by Franklin County Public Schools, with additional educational and cultural options in Moneta and Roanoke County. Dining ranges from casual lakefront spots like Magnum Point Marina to restaurants and coffee shops around Smith Mountain Lake Regional Park and Westlake.

Whether you are relocating to enjoy more time on the water or planning to sell and move closer to the city, navigating lakefront covenants, rural utilities, and seasonal demand can feel complex. A knowledgeable local agent who understands Penhook’s micro markets can streamline showings, pricing, and negotiations. Agent Pronto connects buyers and sellers with the right real estate professional so the process feels more manageable and less stressful.

Find your Penhook real estate agent today →


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

“We have known Judy for several years and always knew we would select her as our realtor when it came time to sell our house. She did an amazing job and we couldn't be happier! As people who believe in planning, we especially appreciated Judy's support as we got ready to put the house on the market. Our conversations regarding the sale of our home took place over many months ensuring that when listing day came we were more than ready. Judy is exceptionally knowledgeable on the northern Virginia market and all of her recommendations were on point. Our house sold in one weekend with multiple competitive offers and we give Judy the credit. She priced the house appropriately and marketed it exceptionally well. While selling a house is never easy, Judy made the process as painless as possible and was there to support us throughout the process. We would highly recommend Judy.”

Christopher and Pamela · Dumfries, VA

Photo of Judy Petrak
Century 21 New Millennium
“Working with William Mallory was a real pleasure. From our very first meeting, his professionalism and dedication were front and center. He took the time to truly understand our needs, navigated every step of the process . William is communicative, and a true expert in his field. I would strongly recommend working with William”

Frederic Six · Norfolk, VA

Photo of William Mallory
Iron Valley Real Estate
“I cannot recommend Lindsay enough. She was always available to answer my questions, kept me updated throughout the entire process, and made what could have been a stressful experience feel smooth and manageable. She genuinely cared about helping me find the right home and was there every step of the way. I am extremely grateful for all of her hard work and would not hesitate to work with her again or recommend her to my family and friends.”

Edwin Martinez · Woodbridge, VA

Photo of Lindsay Summa
NextHome Mission
“Debbie not only helped us find exactly what we were looking for, and where, but she helped us set up the sale of our previous house, and helped us negotiate consecutive closing dates as well as a possession maintenance period of our previous house in order to make our move easier. Having now worked with her on a sale and a purchase, plus her having done wonders for other family members, we would recommend her to anyone looking to purchase a home.”

Robert Pervere · Coinjock, NC

DM
The Real Estate Group
“Great experience with Brooke. This is the fourth time she's been involved with a purchase and selling of a home.”

Nick Rowe · Bristol, TN

Photo of Brooke Shelton
Century 21 Legacy
“Carla is a seasoned agent with a wealth of knowledge in the Northern Virginia area. We worked with her in the past, both buying and selling homes. We were extremely happy throughout the process then, and on the recent sale of our home. She is the only agent I would use going forward should the need arise. Thank you Carla!!”

Diane Peters · Manassas, VA

Photo of Carla  Unterkofler
Century 21 New Millennium
“Nick was great to work with! He was very personable and easy going. He made time for every home we wanted to see at the exact times we wanted to see it. He stuck with us even after a 6 month lull in looking at homes. I would consider Nick not only a professional, but he has become a friend.”

Jacob and Sarah · Louisa, VA

Photo of Nick Hill
Century 21 New Millenium
“We cannot say enough good things about Danny. This was our second time working with him, and there is a reason we came back. He has earned our trust time and time again, and if we could use him for every real estate transaction in the future, we absolutely would. From listing and marketing our home to navigating inspections, repairs, buyer concerns, and closing, Danny went above and beyond every step of the way. We faced several unexpected challenges during the process, but he remained calm, proactive, and solution-oriented throughout. What sets Danny apart is his communication, professionalism, and genuine dedication to his clients. He kept us informed, advocated for our interests, coordinated with all parties involved, and made sure nothing fell through the cracks. We wholeheartedly recommend him to anyone looking for a knowledgeable, responsive, and trustworthy realtor.”

Miranda Richardson · Rockville, MD

Photo of The Washingtonian Group
Real Living Real Estate RLAH @properties
“Bree Cox did a great job selling my home. She communicated exceptionally well, and we were always on the same page regarding our goals for the sale and our strategy for marketing the home. We were under contract in less than a week, and the process couldn’t have gone more smoothly. I would highly recommend Bree to anyone looking to buy or sell a home in this market.”

Scott G · Powhatan, VA

Photo of Bree Cox
Century 21 Realty at Home
“Working with Boris in DC was an outstanding experience from start to finish. He was knowledgeable, responsive, and truly understood the DC market. Throughout the entire process, he made us feel informed and supported, always going above and beyond to answer questions and advocate for our interests. His professionalism, honesty, and attention to detail made what could have been a stressful experience feel smooth and manageable. I would highly recommend Boris to anyone looking to buy or sell a home in the DC area.”

D.T. · Washington, DC

Photo of Boris Miric
Fathom Realty
“We had the most amazing home buying experience with Mrs.Debra. She was very professional, courteous, and patient. She took extra care in listening to our desires and tailored our search for homes that met all our needs. Mrs. Debra also made herself available to us and acted with speed when it counted the most. Thank you so much for helping us find our new home.”

Latavia · Fairfax, VA

Photo of Debra  McElroy
Century 21 New Millennium
“Gurdeep was amazing - covering all the bases, communicating often, and working hard to sell our property in a short time. She made everything as easy as possible and was a source of excellent advice throughout the process, as well as a pleasure to work with. If we return to the area, we will absolutely seek her services again.”

Elizabeth · Reston, VA

Photo of Gurdeep Mangat
Century 21 New Millennium
“​I cannot recommend Wes Sparks at eXp Realty highly enough! My father and I recently worked with Wes to sell my father's home, and the entire experience was seamless, professional, and incredibly successful. ​From our very first meeting, it was clear that Wes is an expert in his field. He brought a wealth of market knowledge and a strategic approach that gave us immediate confidence. Selling a family home can often be an emotional and complex process, but Wes handled everything with the utmost respect and patience.”

Smithson · Stanardsville, VA

Photo of Wes Sparks
eXp Realty, LLC
“Harvey Raffensperger at Iron Valley Real Estate was fantastic. We sold our home in Hampton in under three months, and honestly the whole process was way less painful than I expected. Harvey knows the local market well, kept us in the loop throughout, and was always easy to reach. The real test came when we ran into a really difficult buying agent — Harvey handled it calmly and professionally and kept everything from falling apart. We barely even felt the turbulence. If you're selling in the Hampton area, I'd go with Harvey without hesitation. Just a solid, trustworthy agent who gets the job done.”

Anita · Hampton, VA

Photo of Harvey Raffensperger
Iron Valley Real Estate Prestige
“Barbie consistently arrives on time, communicates clearly and efficiently, and maintains a high level of professionalism.””

Alejandro Alvarez · Manassas Park, VA

Photo of Barbie Lee
Century 21 Redwood
“Adam worked with me an my husband , very nice and understood what I needed to do an got it done.”

Dustin and Amber Perdue · Bedford, VA

Photo of Adam Hazelwood
eXp Realty Rural Virginia Homes, Farms & Land
“Kris was wonderful to work with and we are greatful for her assistance in our fore ever home purchase”

Mike Greenberg · King George, VA

Photo of Kris Riley
NextHome Mission
“Pam is the epitome of professionalism and honesty. She operates with respect and integrity. She's incredibly well informed very balanced and measured in how she approaches things. She's always looking for solutions and a win-win outcome.”

Atousa · Washington, DC

Photo of Pam Milan
Century 21 Century21 New MILLENNIUM
“I met Kat in 2022 when I needed help with a complicated sale on a tight timeline prior to an overseas assignment. She was amazing so there was no hestitation reaching out for assistance with this purchase. She and her associates are top notch all the way, bringing the unique combination of professionalism, technical acumen, positive attitude, and amazing work ethic. She's never let me down and absolutely worked miracles on several transactions for me and my family. It's an honor to support her with this review!”

Jeff · Winchester, VA

Photo of Katherine Wetzel
Century 21 Redwood Realty
“As a first-time homebuyer, working with Catherine was an amazing experience from start to finish. She was incredibly patient, knowledgeable, and always took the time to explain each step of the process in a way that made everything feel manageable and stress-free. Catherine was always responsive, professional, and truly had our best interests at heart. She made what could have been an overwhelming experience feel exciting and smooth. We couldn't have asked for a better person to guide us through our first home purchase and would highly recommend her to anyone-especially first-time buyers.”

Catherine Melendez M. · Chesapeake, VA

Photo of Catherine Kowalsky
Berkshire Hathaway BHHS RW Towne 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 Penhook. 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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