Current Price

$376,289

1 Month Forecast

â–² $404,685

1-Year Forecast *

â–² $432,919

5-Year Forecast *

â–² $482,145

"Is it a good time to buy homes in Penrose?" "Does investing in real estate in Penrose (Colorado State, Fremont County) worth it?" According to our live Forecast System, buying a house in Penrose is a good short-term (1-year) investment*. The Penrose average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Penrose" 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 Penrose in Colorado State, Fremont County. If you are looking for homes for sale with good flipping profit, Penrose can be a profitable property investment option. The median price of an average house in Penrose was 376,289 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Penrose" area is 482,145 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +28.13% meaning that investing 100000 USD today may yield a profit of 28,132 USD by 2031.

Current Median Listing Price: 376,289 USD Median Listing Price Per Square Foot: 209 USD

Penrose 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.

Penrose (Colorado 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.

Penrose Price Target

Penrose median home price target in 12 months: $432,919* (upside of 15.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $394,665 $402,212 $394,665 $402,457
2024 $364,215 $376,289 $364,074 $376,630
2023 $363,839 $365,241 $361,332 $372,510
2022 $347,597 $367,379 $347,597 $379,071
2021 $294,364 $343,256 $294,364 $343,256
2020 $258,080 $290,522 $258,080 $290,522
2019 $234,810 $255,598 $234,810 $255,598
2018 $216,927 $233,502 $216,927 $233,502
2017 $204,610 $215,070 $204,610 $215,070
2016 $0 $202,228 $0 $202,228
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Penrose Housing Market Forecast

How much does an average home cost in Penrose today?

The value of an average home (the listing price) in Penrose is $376,289 USD.

What is the average price per square foot in Penrose?

According to Walletinvestor the median price per square foot in Penrose is 209 USD.

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

Yes. The Penrose home prices may rise from 376,289 USD to 432,919 USD in one year.

Is it profitable to invest in Penrose homes?

Yes. The long-term profit potential is +15.05% in one year.

Will Penrose house prices fall / drop?

No. See above.

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

The predicted home sales price of a Penrose home in 2030 in Penrose is 453,217 USD.

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

The predicted home sales price of a Penrose home in 2035 in Penrose is 536,969 USD.

Will real estate prices decrease in Penrose?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Penrose is the 6758. largest city in the United States, located in Colorado State.

During the last 12 months the real estate prices in Fremont, Penrose decreased, looking at the past 12 months.

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

Median home values decreased by 5.237% to 376,289 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 15.309% in 2021
  • 14.409% in 2022
  • 13.229% in 2023
  • 16.869% in 2024
  • 14.529% in 2025
  • 15.279% in 2026

Based on our Penrose real estate market research and report the predicted sales prices will increase by 306.300% in the next 10 years.

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

Penrose (Colorado) 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
Penrose Housing Market Forecast with Real Estate Prices for 2025
August 2025 404685 381618 427752
September 2025 407174 373378 440969
October 2025 409678 374855 444501
November 2025 412197 390763 433632
December 2025 414732 390678 438787
Penrose Housing Market Forecast with Real Estate Prices for 2026
January 2026 417283 385569 448996
February 2026 419849 390460 449238
March 2026 422431 384412 460450
April 2026 425029 391026 459031
May 2026 427643 405833 449452
June 2026 430273 403596 456949
July 2026 432919 408675 457162
August 2026 435581 395508 475654
September 2026 438260 399255 477265
October 2026 440955 409206 472704
November 2026 442999 418634 467364
December 2026 442191 414333 470049
Penrose Housing Market Forecast with Real Estate Prices for 2027
January 2027 440439 400800 480079
February 2027 438695 408864 468526
March 2027 436957 408118 465797
April 2027 435227 393445 477009
May 2027 433503 392320 474686
June 2027 431786 404584 458989
July 2027 432559 399684 465433
August 2027 435219 407365 463073
September 2027 437896 406367 469424
October 2027 440589 405341 475836
November 2027 442474 408403 476544
December 2027 442458 407062 477855
Penrose Housing Market Forecast with Real Estate Prices for 2028
January 2028 440706 399280 482132
February 2028 438960 416135 461786
March 2028 437222 407054 467390
April 2028 435490 404570 466410
May 2028 434268 392578 475958
June 2028 434099 403712 464486
July 2028 435578 403781 467376
August 2028 438257 408456 468058
September 2028 440952 405676 476228
October 2028 443612 405462 481763
November 2028 445535 407665 483406
December 2028 446586 423810 469362
Penrose Housing Market Forecast with Real Estate Prices for 2029
January 2029 447429 419241 475618
February 2029 448108 410467 485749
March 2029 447971 425124 470817
April 2029 447702 407856 487547
May 2029 450455 413968 486942
June 2029 451662 410561 492764
July 2029 453217 416053 490381
August 2029 455265 419755 490776
September 2029 458065 430123 486007
October 2029 459348 423978 494718
November 2029 459068 429228 488907
December 2029 461891 438796 484985
Penrose Housing Market Forecast with Real Estate Prices for 2030
January 2030 464731 420582 508881
February 2030 467589 432988 502191
March 2030 470465 425300 515630
April 2030 473358 444957 501760
May 2030 476269 432929 519610
June 2030 479198 437987 520409
July 2030 482145 448877 515413
August 2030 485110 436599 533621
September 2030 488094 449534 526653
October 2030 491095 458192 523999
November 2030 494115 461504 526727
December 2030 497154 467822 526486
Penrose Housing Market Forecast with Real Estate Prices for 2031
January 2031 500211 475201 525222
February 2031 503288 475607 530968
March 2031 505621 474273 536970
April 2031 504698 474416 534980
May 2031 502699 456451 548947
June 2031 500708 468162 533254
July 2031 498725 472791 524659
August 2031 496750 466945 526555
September 2031 494782 456684 532881
October 2031 492823 443540 542105
November 2031 493705 465564 521846
December 2031 496741 453525 539957
Penrose Housing Market Forecast with Real Estate Prices for 2032
January 2032 499796 466809 532782
February 2032 502869 473703 532036
March 2032 505021 466639 543403
April 2032 505004 472683 537324
May 2032 503003 474835 531172
June 2032 501011 474959 527064
July 2032 499027 469085 528969

> 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.