2 homes in Penn Valley
Homes for Sale in Penn Valley, CA
About Penn Valley, CA Real Estate
Penn Valley is a census-designated place (CDP) in Nevada County, California. The population was 1,593 at the 2020 census, down from 1,621 at the 2010 census. The large Lake Wildwood master-planned community, although a separate CDP, has a Penn Valley postal address, and is sometimes considered part of the general Penn Valley community.
Penn Valley is a Nevada County community with rural setting. Features horse properties, pines, and mountain living.
Today, Penn Valley has 2 homes for sale at a median price of $500,000, typically selling in about 6 days. Families here choose from 1 schools rated 8 or higher on the Topfind School Score.
Penn Valley Market Analysis
Buyers in Penn Valley are looking at a median list price of $500,000. Median pricing works out to $172 per square foot.
Penn Valley has 2 active listings on the market right now. 1 new listings came on the market in the last 30 days.
Inventory here is almost entirely single family homes. Williams Ranch Elementary leads local schools with a Topfind School Score of 8.
Top Rated Schools in Penn Valley
Powered by the Topfind School Score
- 8Williams Ranch Elementaryelementary
- 6Ready Springs Elementaryintermediate/middle/junior high
- 3Vantage Point Charterelementary-high combination
Why Live in Penn Valley?
- Rural setting
- Horse properties
- Pine forests
- Mountain living
Penn Valley Market Pulse
Topfind Market Read
Sellers hold the edge right now. The typical home sells in about 6 days, and 100% of current listings are under 30 days old. Sellers can price with confidence, while buyers should arrive pre-approved and ready to decide quickly.
Median Home Price
$500K
Historical data not yet available
Sales Velocity
How fast homes are selling
Homes are selling extremely fast, so expect multiple offers, quick decisions, and limited room to negotiate.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Penn Valley
Homeownership is higher than average, and most households in this area own rather than rent.
64%
Homeowners
36%
Renters
Homeownership is 8.5 points higher than the California average (55.5%)
537 households (2023)
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Frequently Asked Questions about Homes for Sale in Penn Valley, CA
How many homes are for sale in Penn Valley, CA?
There are currently 2 homes for sale in Penn Valley, ranging from $475,000 to $500,000. 1 of them hit the market within the last week.
What is the median home price in Penn Valley?
The median list price in Penn Valley is $500,000. Price per square foot averages $172.
How fast do homes sell in Penn Valley?
Homes in Penn Valley currently average 6 days on the market, a very fast pace where well-priced homes attract offers within days.
Is Penn Valley a buyer's or seller's market right now?
Current conditions point to a strong seller's market.
How are the schools in Penn Valley?
Penn Valley has 1 school rated 8 or higher on the Topfind School Score, which grades every California school on academics, growth, and environment.
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