Current Price

$450,956

1 Month Forecast

â–² $482,955

1-Year Forecast *

â–² $507,140

5-Year Forecast *

â–² $595,535

"Is it a good time to buy homes in Penn Laird?" "Does investing in real estate in Penn Laird (Virginia State, Rockingham County) worth it?" According to our live Forecast System, buying a house in Penn Laird is a good short-term (1-year) investment*. The Penn Laird average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Penn Laird" 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 Penn Laird in Virginia State, Rockingham County. If you are looking for homes for sale with good flipping profit, Penn Laird can be a profitable property investment option. The median price of an average house in Penn Laird was 450,956 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Penn Laird" area is 595,535 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +32.06% meaning that investing 100000 USD today may yield a profit of 32,061 USD by 2031.

Current Median Listing Price: 450,956 USD Median Listing Price Per Square Foot: 251 USD

Penn Laird 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.

Penn Laird (Virginia 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.

Penn Laird Price Target

Penn Laird median home price target in 12 months: $507,140* (upside of 12.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $470,281 $480,815 $470,281 $480,815
2024 $431,221 $450,956 $431,221 $450,956
2023 $411,837 $430,346 $411,837 $430,346
2022 $385,361 $408,017 $385,361 $408,017
2021 $339,244 $380,821 $339,244 $380,821
2020 $309,695 $335,104 $309,695 $335,104
2019 $299,670 $308,043 $299,553 $308,043
2018 $290,973 $299,861 $290,973 $299,861
2017 $283,524 $290,505 $283,524 $290,505
2016 $278,392 $283,637 $278,392 $283,637
2015 $267,516 $277,248 $267,516 $277,248
2014 $258,077 $266,328 $257,723 $266,328
2013 $254,171 $258,329 $254,171 $258,450
2012 $247,299 $253,903 $247,299 $253,903

Questions & Answers about the Penn Laird Housing Market Forecast

How much does an average home cost in Penn Laird today?

The value of an average home (the listing price) in Penn Laird is $450,956 USD.

What is the average price per square foot in Penn Laird?

According to Walletinvestor the median price per square foot in Penn Laird is 251 USD.

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

Yes. The Penn Laird home prices may rise from 450,956 USD to 507,140 USD in one year.

Is it profitable to invest in Penn Laird homes?

Yes. The long-term profit potential is +12.46% in one year.

Will Penn Laird house prices fall / drop?

No. See above.

What is the predicted price of a Penn Laird home in 2030?

The predicted home sales price of a Penn Laird home in 2030 in Penn Laird is 566,582 USD.

What is the predicted price of a Penn Laird home in 2035?

The predicted home sales price of a Penn Laird home in 2035 in Penn Laird is 699,338 USD.

Will real estate prices decrease in Penn Laird?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Penn Laird is the 13855. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Rockingham, Penn Laird decreased, looking at the past 12 months.

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

Median home values decreased by 4.730% to 450,956 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 12.349% in 2021
  • 11.039% in 2022
  • 13.719% in 2023
  • 14.149% in 2024
  • 10.529% in 2025
  • 10.969% in 2026

Based on our Penn Laird real estate market research and report the predicted sales prices will increase by 223.548% in the next 10 years.

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

Penn Laird (Virginia) 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
Penn Laird Housing Market Forecast with Real Estate Prices for 2025
August 2025 482955 436591 529319
September 2025 485105 454059 516152
October 2025 487265 452182 522348
November 2025 489434 448811 530057
December 2025 491613 461625 521602
Penn Laird Housing Market Forecast with Real Estate Prices for 2026
January 2026 493802 458248 529356
February 2026 496000 463760 528241
March 2026 498209 461341 535076
April 2026 500427 473904 526949
May 2026 502655 469479 535830
June 2026 504893 470560 539225
July 2026 507140 476712 537569
August 2026 509398 462534 556263
September 2026 511666 473803 549529
October 2026 513944 473856 554032
November 2026 514930 485579 544281
December 2026 514514 484158 544870
Penn Laird Housing Market Forecast with Real Estate Prices for 2027
January 2027 513507 466778 560237
February 2027 513182 469561 556802
March 2027 514462 469189 559734
April 2027 516752 477996 555508
May 2027 519053 485833 552272
June 2027 521363 484868 557859
July 2027 523548 474335 572762
August 2027 525879 484335 567424
September 2027 528220 494942 561498
October 2027 530572 481229 579915
November 2027 532934 502024 563844
December 2027 534940 481446 588434
Penn Laird Housing Market Forecast with Real Estate Prices for 2028
January 2028 536836 501405 572267
February 2028 537870 489462 586279
March 2028 537922 499730 576115
April 2028 538111 491834 584389
May 2028 539205 503617 574792
June 2028 541605 494486 588725
July 2028 544016 491247 596786
August 2028 546438 502723 590154
September 2028 548580 518408 578752
October 2028 549797 499766 599829
November 2028 550111 519855 580367
December 2028 551419 521091 581747
Penn Laird Housing Market Forecast with Real Estate Prices for 2029
January 2029 553222 508411 598033
February 2029 555685 524011 587359
March 2029 557994 528420 587568
April 2029 560418 508859 611976
May 2029 562913 516754 609072
June 2029 564808 526966 602650
July 2029 566582 530321 602843
August 2029 569104 529267 608942
September 2029 571638 519047 624229
October 2029 573707 533548 613867
November 2029 574743 536235 613251
December 2029 577302 546705 607899
Penn Laird Housing Market Forecast with Real Estate Prices for 2030
January 2030 579872 532903 626842
February 2030 582454 541682 623226
March 2030 585047 547604 622490
April 2030 587652 554743 620560
May 2030 590268 548359 632177
June 2030 592896 533606 652185
July 2030 595535 556230 634841
August 2030 598187 549734 646640
September 2030 600850 565400 636300
October 2030 603525 571538 635512
November 2030 606212 574083 638341
December 2030 608911 567505 650317
Penn Laird Housing Market Forecast with Real Estate Prices for 2031
January 2031 611622 581040 642203
February 2031 614345 559668 669021
March 2031 615523 572436 658609
April 2031 615026 584274 645777
May 2031 613823 556737 670908
June 2031 613433 561905 664962
July 2031 614963 580525 649401
August 2031 617701 576933 658469
September 2031 620451 585706 655196
October 2031 623213 584574 661853
November 2031 625825 568875 682775
December 2031 628611 572036 685186
Penn Laird Housing Market Forecast with Real Estate Prices for 2032
January 2032 631410 591631 671189
February 2032 634221 602510 665932
March 2032 637044 580347 693741
April 2032 639442 588926 689958
May 2032 641709 580105 703313
June 2032 642945 600511 685379
July 2032 643007 578707 707308

> 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.