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Condo Foreclosures in Penhook, VA

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Penhook, VA Foreclosures

Current Market Conditions in in Penhook, VA As of June 2026?
Home values: +0.77% MoM; rent: +0.00% MoM.
How much do homes sell for in Penhook, VA?
The average home price is currently $732,738.
What’s the average rental cost in Penhook, VA?
The average rental price in Penhook is $1,807.
What is the most expensive home in Penhook?
The most expensive home sold in Penhook had a price of $25,000,000.
What is currently the cheapest priced home in Penhook, VA?
The cheapest home for sale in Penhook is priced at $13,725.

Living in Penhook, VA

Penhook, Virginia is a rural Smith Mountain Lake community offering waterfront living, acreage, and investment appeal for buyers seeking privacy, recreation, and access to the Roanoke region.

Buyer vs Seller Market in Penhook, VA

Median home value: $428,366 as of 2026-05-14.

Median rent: $1,480 as of 2026-05-14.

Home values: +0.77% MoM, -0.09% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Penhook, VA

There are currently 1,725 real estate properties in Penhook, VA, with a median automated valuation model (AVM) price of $428,366.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Penhook, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Penhook, VA, is $732,738.00, with the most expensive house in Penhook, VA, topping out at $25,000,000.00 and the cheapest home in Penhook, VA, clocking in at $13,725.00. In other words, there’s something for every potential homebuyer or savvy investor in Penhook, VA!

Rent Prices In Penhook, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Penhook, VA, is on a rollercoaster ride. The average rent price in Penhook, VA, is $1,807.00. Indeed, when looking to rent in Penhook, VA, you can expect to pay as little as $610.00 or as much as $4,000.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Penhook, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Penhook, VA Condos


Market Trend for Penhook, VA

Total Listings Available: 0

Market Values:

Home Prices from $13,725 to $25,000,000

Average Sales Price: $732,738

Rental Values:

Rental from $610 to $4,000

Average Rent Value: $1,807 / month

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