Altos Market Data for Realtors

Penngrove, CA

Single-Family Homes

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Penngrove, CA

Fri Nov 06 2026
This week the median list price for Penngrove, CA is $1,675,000 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has decreased to 4. Click here to stay informed with the Penngrove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Penngrove, CA

Fri Nov 06 2026
This week the median list price for Penngrove, CA is $1,675,000 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has decreased to 4. Click here to stay informed with the Penngrove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Penngrove market.
Median List Price $1,675,000
Median Price of New Listings $1,995,000
Per Square Foot $1,000
Average Days on Market 65
Median Days on Market 56
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 53
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high so watch the Market Action Index as an indicator of how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,995,000 4,176 10 - 20 acres 3 3 47 1 1 0
$1,750,000 2,624 2.5 - 5 acres 4 3 60 0 0 42
$1,600,000 962 N/A 2 1 106 0 1 147
$1,580,000 1,184 5 - 10 acres 3 2 51 0 0 70