Zip 81240 (Penrose, CO) Housing

The housing market in Penrose, CO (81240) is quite remarkable. The median value of a house here is $345,000, which is higher than the US median of $338,100. In addition to this, the 1 year house appreciation in Penrose is 11.01%, which is significantly higher than the US 1 year house appreciation of 8.27%. This shows that there is great potential for growth in this area and thus makes it an attractive option for homeowners and investors alike.

The median home cost in Penrose (zip 81240) is $345,000. Home appreciation the last 10 years has been 139.3%. Home Appreciation in Penrose (zip 81240) is up 20.5%.

Average Age of Homes

- The median age of Penrose (zip 81240) real estate is 33 years old

The Rental Market in Penrose (zip 81240)

- Renters make up 16.9% of the Penrose (zip 81240) population
- 0.0% of houses and apartments in Penrose (zip 81240), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Penrose, Colorado	United States
	1,731.0	139,647,020.0
	38	42
	$345,000	$338,100
	20.5%	16.6%
	81.6%	57.0%
	139.3%	101.1%
	$3.89	$10.98
	$916	$2,690
	70.5%	57.4%
	17.2%	11.2%
	12.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	12.2%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	4.6%	2.6%
	0.0%	2.4%
	0.7%	2.8%
	4.7%	3.9%
	3.4%	4.5%
	17.0%	11.3%
	6.7%	13.0%
	25.9%	20.1%
	23.2%	13.6%
	10.6%	8.3%
	2.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.7%	13.6%
	9.7%	13.6%
	25.5%	13.6%
	11.0%	13.2%
	21.4%	14.8%
	25.5%	13.6%
	4.7%	10.0%
	1.7%	4.7%
	13.9%	12.2%

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