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:

  • 19.890% in 2021
  • 20.140% in 2022
  • 20.170% in 2023
  • 20.690% in 2024
  • 19.590% in 2025
  • 20.820% 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 353434 421640
September 2025 388749 354928 422570
October 2025 391422 365980 416865
November 2025 394471 368830 420111
December 2025 397003 370404 423602
Penfield Housing Market Forecast with Real Estate Prices for 2026
January 2026 399055 363539 434571
February 2026 401622 373107 430137
March 2026 404889 364805 444972
April 2026 408654 379639 437668
May 2026 411611 387326 435896
June 2026 414530 385098 443961
July 2026 419537 396462 442611
August 2026 421441 399947 442934
September 2026 421978 389485 454470
October 2026 422184 381232 463135
November 2026 422757 397814 447699
December 2026 423843 397564 450121
Penfield Housing Market Forecast with Real Estate Prices for 2027
January 2027 425484 392297 458672
February 2027 426532 396675 456389
March 2027 427866 401766 453966
April 2027 430808 389019 472596
May 2027 434163 395957 472370
June 2027 436950 412918 460982
July 2027 439209 399680 478738
August 2027 442034 405787 478281
September 2027 445629 409088 482171
October 2027 449773 425036 474511
November 2027 453028 414068 491989
December 2027 456240 421566 490915
Penfield Housing Market Forecast with Real Estate Prices for 2028
January 2028 461752 421117 502386
February 2028 463847 426739 500954
March 2028 464438 423567 505308
April 2028 464665 438643 490686
May 2028 465296 427607 502984
June 2028 466491 421708 511274
July 2028 468297 426619 509976
August 2028 469450 443161 495740
September 2028 470918 427594 514243
October 2028 474157 436698 511615
November 2028 477850 432932 522767
December 2028 480917 444367 517467
Penfield Housing Market Forecast with Real Estate Prices for 2029
January 2029 483403 439413 527393
February 2029 486512 446618 526406
March 2029 490469 441913 539026
April 2029 495030 470279 519782
May 2029 498613 453239 543987
June 2029 502148 463483 540814
July 2029 508214 472639 543789
August 2029 510520 473763 547277
September 2029 511171 460054 562288
October 2029 511420 469484 553357
November 2029 512115 472170 552059
December 2029 513430 487245 539615
Penfield Housing Market Forecast with Real Estate Prices for 2030
January 2030 515419 469546 561291
February 2030 516687 469669 563706
March 2030 518303 477357 559249
April 2030 521867 488468 555267
May 2030 525932 476494 575369
June 2030 529308 482729 575887
July 2030 532044 497461 566627
August 2030 535466 498519 572413
September 2030 539821 508512 571131
October 2030 544841 509427 580256
November 2030 548785 501040 596529
December 2030 552675 502935 602416
Penfield Housing Market Forecast with Real Estate Prices for 2031
January 2031 559352 507332 611371
February 2031 561890 509634 614145
March 2031 562606 511971 613240
April 2031 562880 509970 615791
May 2031 563645 528135 599154
June 2031 565092 517625 612560
July 2031 567281 516226 618336
August 2031 568678 517497 619859
September 2031 570456 524820 616093
October 2031 574379 520961 627796
November 2031 578852 523861 633843
December 2031 582568 546449 618687
Penfield Housing Market Forecast with Real Estate Prices for 2032
January 2032 585580 551030 620129
February 2032 589346 555753 622938
March 2032 594139 545420 642859
April 2032 599664 557088 642241
May 2032 604004 551456 656553
June 2032 608287 574831 641743
July 2032 615635 583006 648263

> 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.