Penn Valley, CA is situated in the Sierra Foothills and offers a wonderful rural lifestyle. The median value of homes in Penn Valley, CA is $505,900 which is significantly higher than the US median house value of $338,100. While the US has experienced an 8.27% growth in housing values over the last year, Penn Valley, CA has only experienced a 3.09% growth. This lower rate of appreciation could be due to its rural location or other factors such as supply and demand or local economic conditions. Despite this slower rate of growth, homes in Penn Valley remain an attractive investment for those looking for a peaceful rural lifestyle away from the hustle and bustle of more metropolitan areas.
The median home cost in Penn Valley is $505,900. Home appreciation the last 10 years has been 129.9%. Home Appreciation in Penn Valley is up 9.0%.
Average Age of Homes
- The median age of Penn Valley real estate is 44 years old
The Rental Market in Penn Valley
- Renters make up 21.5% of the Penn Valley population
- 0.0% of houses and apartments in Penn Valley, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.