What is the median home price in Penryn?

The median list price in Penryn is $1,195,000. Price per square foot averages $385.

How fast do homes sell in Penryn?

Homes in Penryn currently average 30 days on the market — a steady pace.

Is Penryn a buyer's or seller's market right now?

Current conditions point to a balanced. 1 active listings have reduced their asking price, which signals where sellers are willing to negotiate.

How are the schools in Penryn?

Penryn has 1 school rated 8 or higher on the Topfind School Score, which grades every California school on academics, growth, and environment.

No homes found in Penryn

Homes for Sale in Penryn, CA

About Penryn, CA Real Estate

Penryn is a small Placer County community with rural character. Features granite quarry heritage and affordable housing.

Today, Penryn has 1 homes for sale at a median price of $1,195,000, typically selling in about 30 days. Families here choose from 1 schools rated 8 or higher on the Topfind School Score.

Top Rated Schools in Penryn

10Penryn Elementaryelementary

Why Live in Penryn?

Granite heritage
Rural character
Affordable housing
Placer County

Penryn Market Pulse

Median Home Price

$1.20M

Historical data not yet available

Sales Velocity

How fast homes are selling

Balanced

Homes are selling at a steady pace—buyers have some time, but competition exists.

● <30d: Sellers● 30–45d: Balanced● 45d+: Buyers

Inventory Distribution

Slow Moving

Homes are taking longer to sell—a larger share of listings remain on the market beyond 30 days, giving buyers more leverage.

New

Active

Aging

Stale

Under 30 days → competitive—act quicklyOver 60 days → potential negotiation opportunities

Housing Tenure in Penryn

Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.

HomeownersRenters

86%

Homeowners

14%

Renters

Homeownership is 30.5% higher than the California average (55.5%)

Higher ownership rates often reflect more stable neighborhoods and longer-term residents.

472 households (2023)

Price Reductions

High Activity

1 listings have reduced their price

Infinity% of active listings

Average reduction: 4.4% (~$53K)

A significant share of sellers are reducing prices—this suggests a softening market where buyers have strong negotiating leverage.

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Frequently Asked Questions about Homes for Sale in Penryn, CA

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