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Foreclosure Homes in Penrose, CO

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Penrose, CO Foreclosures

Current Market Conditions in in Penrose, CO As of June 2026?
Home values: +1.14% MoM; rent: +0.00% MoM.
How much do homes sell for in Penrose, CO?
The average home price is currently $339,650.
In Penrose, CO, how many homes are available?
There are currently 10 active home listings available in Penrose.
What’s the average rental cost in Penrose, CO?
The average rental price in Penrose is $1,185.
What is the most expensive home in Penrose?
The most expensive home sold in Penrose had a price of $6,258,757.
What is currently the cheapest priced home in Penrose, CO?
The cheapest home for sale in Penrose is priced at $16,586.

Living in Penrose, CO

Penrose, Colorado is a rural Fremont County community offering open-space living, acreage potential, and access to Cañon City, Florence, Pueblo, and Colorado Springs.

Buyer vs Seller Market in Penrose, CO

Median home value: $293,723 as of 2026-05-14.

Median rent: $1,170 as of 2026-05-14.

Home values: +1.14% MoM, +0.90% YoY.

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

Home Value Estimator For Penrose, CO

There are currently 2,512 real estate properties in Penrose, CO, with a median automated valuation model (AVM) price of $293,723.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Penrose, CO, 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 Penrose, CO, is $339,650.00, with the most expensive house in Penrose, CO, topping out at $6,258,757.00 and the cheapest home in Penrose, CO, clocking in at $16,586.00. In other words, there’s something for every potential homebuyer or savvy investor in Penrose, CO!

Rent Prices In Penrose, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Penrose, CO, is on a rollercoaster ride. The average rent price in Penrose, CO, is $1,185.00. Indeed, when looking to rent in Penrose, CO, you can expect to pay as little as $620.00 or as much as $2,470.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Penrose, CO -- 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.

Penrose, CO Foreclosures


Market Trend for Penrose, CO

Total Listings Available: 10

Market Values:

Home Prices from $16,586 to $6,258,757

Average Sales Price: $339,650

Rental Values:

Rental from $620 to $2,470

Average Rent Value: $1,185 / month

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