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Condo Foreclosures in Penngrove, CA

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Penngrove, CA Foreclosures

Current Market Conditions in in Penngrove, CA As of March 2026?
Over the past month, the Penngrove real estate market has seen a slight uptick in both property listings and market activity. Buyers are becoming more active, potentially driven by lower interest rates and increased inventory after a quieter summer season. This has produced a competitive market where well-priced homes are still receiving multiple offers, while those priced above market value are taking longer to sell. Overall, the market remains robust, with a balanced demand that continues to support price stability.
How much do homes sell for in Penngrove, CA?
The average home price is currently $1,235,553.
In Penngrove, CA, how many homes are available?
There are currently 12 active home listings available in Penngrove.
What’s the average rental cost in Penngrove, CA?
The average rental price in Penngrove is $2,619.
What is the most expensive home in Penngrove?
The most expensive home sold in Penngrove had a price of $5,660,247.
What is currently the cheapest priced home in Penngrove, CA?
The cheapest home for sale in Penngrove is priced at $33,616.

Living in Penngrove, CA

Penngrove is a charming small town located in Sonoma County, California. Nestled between Petaluma and the rolling hills of the Sonoma countryside, it offers a peaceful and picturesque setting. With a close-knit community atmosphere and easy access to outdoor recreational activities, including hiking and biking trails, Penngrove provides an ideal environment for families and nature enthusiasts alike.

Buyer vs Seller Market in Penngrove, CA

The Penngrove real estate market reflects a stable environment with steady demand for residential properties. As of late 2023, homes tend to sell relatively quickly, indicating a healthy market. There is a mix of historic homes, new builds, and some fixer-uppers, catering to a range of buyers from first-time homeowners to those looking for more lavish properties. In recent months, there has been increasing interest in rural properties, partly due to the heightened desire for space resulting from the pandemic.

Home Value Estimator For Penngrove, CA

There are currently 1,426 real estate properties in Penngrove, CA, with a median automated valuation model (AVM) price of $1,172,541.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Penngrove, CA, 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 Penngrove, CA, is $1,235,553.00, with the most expensive house in Penngrove, CA, topping out at $5,660,247.00 and the cheapest home in Penngrove, CA, clocking in at $33,616.00. In other words, there’s something for every potential homebuyer or savvy investor in Penngrove, CA!

Rent Prices In Penngrove, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Penngrove, CA, is on a rollercoaster ride. The average rent price in Penngrove, CA, is $2,619.00. Indeed, when looking to rent in Penngrove, CA, you can expect to pay as little as $1,420.00 or as much as $4,570.00, with the average rent median estimated to be $2,580.00. The good news is that finding an affordable and desirable property to rent in Penngrove, CA -- 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.

Penngrove, CA Condos

Market Trend for Penngrove, CA

Total Listings Available: 12

Market Values:

Home Prices from $33,616 to $5,660,247

Average Sales Price: $1,235,553

Rental Values:

Rental from $1,420 to $4,570

Average Rent Value: $2,619 / month

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