Current Price

$348,886

1 Month Forecast

â–² $387,537

1-Year Forecast *

â–² $419,537

5-Year Forecast *

â–² $532,044

"Is it a good time to buy homes in Penfield?" "Does investing in real estate in Penfield (New York State, Monroe County) worth it?" According to our live Forecast System, buying a house in Penfield is a good short-term (1-year) investment*. The Penfield average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Penfield" 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 Penfield in New York State, Monroe County. If you are looking for homes for sale with good flipping profit, Penfield can be a profitable property investment option. The median price of an average house in Penfield was 348,886 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Penfield" area is 532,044 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +52.50% meaning that investing 100000 USD today may yield a profit of 52,498 USD by 2031.

Current Median Listing Price: 348,886 USD Median Listing Price Per Square Foot: 194 USD

Penfield 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.

Penfield (New York 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.

Penfield Price Target

Penfield median home price target in 12 months: $419,537* (upside of 20.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $381,182 $386,585 $381,182 $386,585
2024 $325,367 $348,886 $325,367 $348,886
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Penfield Housing Market Forecast

How much does an average home cost in Penfield today?

The value of an average home (the listing price) in Penfield is $348,886 USD.

What is the average price per square foot in Penfield?

According to Walletinvestor the median price per square foot in Penfield is 194 USD.

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

Yes. The Penfield home prices may rise from 348,886 USD to 419,537 USD in one year.

Is it profitable to invest in Penfield homes?

Yes. The long-term profit potential is +20.25% in one year.

Will Penfield house prices fall / drop?

No. See above.

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

The predicted home sales price of a Penfield home in 2030 in Penfield is 508,214 USD.

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

The predicted home sales price of a Penfield home in 2035 in Penfield is 687,187 USD.

Will real estate prices decrease in Penfield?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Penfield is the 3241. largest city in the United States, located in New York State.

During the last 12 months the real estate prices in Monroe, Penfield decreased, looking at the past 12 months.

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

Median home values decreased by 9.002% to 348,886 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 20.440% in 2021
  • 21.970% in 2022
  • 18.630% in 2023
  • 21.900% in 2024
  • 20.890% in 2025
  • 21.150% in 2026

Based on our Penfield real estate market research and report the predicted sales prices will increase by 532.211% in the next 10 years.

Over the last 12 months, the value of homes in Penfield fluctuated: increasing 4 times .

Penfield (New York) 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
Penfield Housing Market Forecast with Real Estate Prices for 2025
August 2025 387537 359247 415827
September 2025 388749 357260 420238
October 2025 391422 365588 417256
November 2025 394471 360152 428790
December 2025 397003 371595 422411
Penfield Housing Market Forecast with Real Estate Prices for 2026
January 2026 399055 378703 419407
February 2026 401622 369090 434153
March 2026 404889 383834 425943
April 2026 408654 370240 447067
May 2026 411611 379506 443717
June 2026 414530 389658 439401
July 2026 419537 395204 443870
August 2026 421441 399947 442934
September 2026 421978 390751 453204
October 2026 422184 390520 453847
November 2026 422757 395700 449813
December 2026 423843 388240 459445
Penfield Housing Market Forecast with Real Estate Prices for 2027
January 2027 425484 393148 457821
February 2027 426532 385585 467479
March 2027 427866 400482 455249
April 2027 430808 395051 466565
May 2027 434163 395523 472804
June 2027 436950 400246 473654
July 2027 439209 403633 474785
August 2027 442034 411533 472534
September 2027 445629 421120 470139
October 2027 449773 412892 486655
November 2027 453028 426300 479757
December 2027 456240 433428 479052
Penfield Housing Market Forecast with Real Estate Prices for 2028
January 2028 461752 422964 500539
February 2028 463847 418390 509304
March 2028 464438 424496 504380
April 2028 464665 427491 501838
May 2028 465296 436912 493679
June 2028 466491 430104 502877
July 2028 468297 437858 498737
August 2028 469450 435180 503720
September 2028 470918 432774 509063
October 2028 474157 435276 513037
November 2028 477850 444400 511299
December 2028 480917 452062 509772
Penfield Housing Market Forecast with Real Estate Prices for 2029
January 2029 483403 459233 507573
February 2029 486512 453916 519108
March 2029 490469 441913 539026
April 2029 495030 449983 540078
May 2029 498613 463710 533516
June 2029 502148 471015 533281
July 2029 508214 475688 540740
August 2029 510520 478868 542172
September 2029 511171 471810 550531
October 2029 511420 475109 547731
November 2029 512115 484460 539769
December 2029 513430 470815 556045
Penfield Housing Market Forecast with Real Estate Prices for 2030
January 2030 515419 489648 541189
February 2030 516687 478969 554406
March 2030 518303 490315 546292
April 2030 521867 488990 554745
May 2030 525932 479650 572214
June 2030 529308 495961 562654
July 2030 532044 496397 567691
August 2030 535466 482990 587942
September 2030 539821 510671 568972
October 2030 544841 505613 584070
November 2030 548785 503784 593785
December 2030 552675 521726 583625
Penfield Housing Market Forecast with Real Estate Prices for 2031
January 2031 559352 508451 610253
February 2031 561890 509634 614145
March 2031 562606 531100 594112
April 2031 562880 525167 600593
May 2031 563645 513480 613809
June 2031 565092 513669 616516
July 2031 567281 534379 600183
August 2031 568678 540244 597111
September 2031 570456 535658 605254
October 2031 574379 529577 619180
November 2031 578852 531965 625739
December 2031 582568 526059 639077
Penfield Housing Market Forecast with Real Estate Prices for 2032
January 2032 585580 555715 615444
February 2032 589346 557521 621170
March 2032 594139 536508 651771
April 2032 599664 554690 644639
May 2032 604004 568972 639037
June 2032 608287 547458 669116
July 2032 615635 575618 655651

> 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.