Current Price

$1,204,380

1 Month Forecast

â–² $1,271,249

1-Year Forecast *

â–² $1,339,272

5-Year Forecast *

â–² $1,429,737

"Is it a good time to buy homes in Penngrove?" "Does investing in real estate in Penngrove (California State, Sonoma County) worth it?" According to our live Forecast System, buying a house in Penngrove is a good short-term (1-year) investment*. The Penngrove average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Penngrove" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Penngrove in California State, Sonoma County. If you are looking for homes for sale with good flipping profit, Penngrove can be a profitable property investment option. The median price of an average house in Penngrove was 1,204,380 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Penngrove" area is 1,429,737 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +18.71% meaning that investing 100000 USD today may yield a profit of 18,711 USD by 2031.

Current Median Listing Price: 1,204,380 USD Median Listing Price Per Square Foot: 669 USD

Penngrove Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Penngrove (California State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Penngrove Price Target

Penngrove median home price target in 12 months: $1,339,272* (upside of 11.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $1,241,974 $1,264,788 $1,241,974 $1,266,587
2024 $1,201,408 $1,204,380 $1,201,408 $1,229,580
2023 $1,171,810 $1,208,857 $1,167,945 $1,220,616
2022 $1,181,400 $1,179,781 $1,179,781 $1,258,311
2021 $1,046,457 $1,170,427 $1,046,457 $1,170,427
2020 $999,937 $1,034,343 $968,442 $1,034,343
2019 $989,906 $1,002,389 $986,596 $1,002,389
2018 $949,020 $994,035 $949,020 $1,005,862
2017 $869,262 $933,443 $869,262 $933,443
2016 $816,186 $861,846 $816,186 $861,846
2015 $728,034 $807,041 $728,034 $807,041
2014 $647,383 $721,653 $647,383 $721,653
2013 $562,906 $642,953 $562,906 $642,953
2012 $513,710 $555,578 $513,710 $555,578

Questions & Answers about the Penngrove Housing Market Forecast

How much does an average home cost in Penngrove today?

The value of an average home (the listing price) in Penngrove is $1,204,380 USD.

What is the average price per square foot in Penngrove?

According to Walletinvestor the median price per square foot in Penngrove is 669 USD.

Will the median listing price of homes in Penngrove grow / rise / go up?

Yes. The Penngrove home prices may rise from 1,204,380 USD to 1,339,272 USD in one year.

Is it profitable to invest in Penngrove homes?

Yes. The long-term profit potential is +11.20% in one year.

Will Penngrove house prices fall / drop?

No. See above.

What is the predicted price of a Penngrove home in 2030?

The predicted home sales price of a Penngrove home in 2030 in Penngrove is 1,368,843 USD.

What is the predicted price of a Penngrove home in 2035?

The predicted home sales price of a Penngrove home in 2035 in Penngrove is 1,532,307 USD.

Will real estate prices decrease in Penngrove?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Penngrove is the 10356. largest city in the United States, located in California State.

During the last 12 months the real estate prices in Sonoma, Penngrove decreased, looking at the past 12 months.

According to Walletinvestor's Penngrove real estate market research, home values will increase in the next 12 months.

Median home values decreased by 4.138% to 1,204,380 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 9.540% in 2021
  • 12.970% in 2022
  • 11.430% in 2023
  • 10.790% in 2024
  • 12.100% in 2025
  • 10.890% in 2026

Based on our Penngrove real estate market research and report the predicted sales prices will increase by 189.102% in the next 10 years.

Over the last 12 months, the value of homes in Penngrove fluctuated: increasing 3 times and decreasing 1 times.

Penngrove (California) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Penngrove Housing Market Forecast with Real Estate Prices for 2025
August 2025 1271249 1193702 1348795
September 2025 1277742 1151246 1404239
October 2025 1284269 1155842 1412696
November 2025 1290830 1170782 1410877
December 2025 1297423 1205306 1389541
Penngrove Housing Market Forecast with Real Estate Prices for 2026
January 2026 1304051 1211463 1396639
February 2026 1308518 1209071 1407966
March 2026 1312253 1220395 1404111
April 2026 1318956 1229267 1408645
May 2026 1325694 1231569 1419818
June 2026 1332466 1204549 1460382
July 2026 1339272 1265612 1412932
August 2026 1346113 1230348 1461879
September 2026 1352990 1265045 1440934
October 2026 1359771 1237392 1482151
November 2026 1354581 1223187 1485975
December 2026 1349411 1218518 1480304
Penngrove Housing Market Forecast with Real Estate Prices for 2027
January 2027 1344260 1270326 1418195
February 2027 1339130 1221286 1456973
March 2027 1334018 1228631 1439406
April 2027 1328927 1202679 1455175
May 2027 1323854 1241776 1405933
June 2027 1319487 1228443 1410532
July 2027 1319607 1225915 1413300
August 2027 1324628 1246475 1402781
September 2027 1331394 1202249 1460539
October 2027 1338195 1252551 1423840
November 2027 1345031 1222633 1467429
December 2027 1351902 1266732 1437071
Penngrove Housing Market Forecast with Real Estate Prices for 2028
January 2028 1358807 1288149 1429465
February 2028 1361834 1250164 1473505
March 2028 1356746 1233282 1480210
April 2028 1351568 1235333 1467803
May 2028 1346409 1268317 1424501
June 2028 1347583 1266728 1428438
July 2028 1354315 1218884 1489747
August 2028 1361233 1278198 1444269
September 2028 1368187 1253259 1483115
October 2028 1370271 1264761 1475782
November 2028 1366384 1259806 1472962
December 2028 1361169 1234580 1487758
Penngrove Housing Market Forecast with Real Estate Prices for 2029
January 2029 1355974 1274615 1437332
February 2029 1350798 1276504 1425092
March 2029 1346000 1211400 1480600
April 2029 1348079 1234840 1461317
May 2029 1354965 1272312 1437618
June 2029 1361887 1280173 1443600
July 2029 1368843 1271656 1466031
August 2029 1374466 1254887 1494044
September 2029 1379370 1271779 1486960
October 2029 1379983 1253024 1506941
November 2029 1378022 1252622 1503422
December 2029 1385061 1264561 1505562
Penngrove Housing Market Forecast with Real Estate Prices for 2030
January 2030 1392136 1280765 1503507
February 2030 1399248 1302700 1495796
March 2030 1406395 1336076 1476715
April 2030 1413580 1300493 1526666
May 2030 1420800 1324186 1517415
June 2030 1425668 1285952 1565383
July 2030 1429737 1308209 1551264
August 2030 1437040 1304832 1569248
September 2030 1444381 1347607 1541154
October 2030 1451759 1334166 1569351
November 2030 1459175 1346818 1571531
December 2030 1466629 1393297 1539960
Penngrove Housing Market Forecast with Real Estate Prices for 2031
January 2031 1474120 1334079 1614162
February 2031 1481509 1386692 1576326
March 2031 1475854 1343027 1608681
April 2031 1470221 1384948 1555494
May 2031 1464610 1388450 1540769
June 2031 1459020 1332085 1585954
July 2031 1453451 1363337 1543565
August 2031 1447903 1361029 1534777
September 2031 1442377 1309678 1575076
October 2031 1437619 1359987 1515250
November 2031 1437750 1362987 1512513
December 2031 1443219 1355183 1531256
Penngrove Housing Market Forecast with Real Estate Prices for 2032
January 2032 1450591 1306983 1594200
February 2032 1458001 1341361 1574641
March 2032 1465449 1359937 1570961
April 2032 1472935 1372775 1573095
May 2032 1480459 1393112 1567806
June 2032 1483757 1382862 1584653
July 2032 1478213 1383608 1572819

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.