Homes for Sale in Penrose

3 + 1 Active + Under Contract
$658,067 Avg List Price
101 Avg Days on Market
$324,900 Lowest Price
$1,300,000 Highest Price

Closed Sales — Last 30 Days

2 Sold
$597,500 Avg Close Price
96.4% Avg Close-to-Original List

Market Comparison

$349,300 Area Median Price
28.7% below regional median vs Regional Median ($490,000)

Showing active residential listings in Penrose. Updated every 15 minutes from the elevateMLS.

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Market Breakdown

Price Distribution

Under $300K
0 (0.0%)
$300K - $450K
2 (66.7%)
$450K - $600K
0 (0.0%)
$600K+
1 (33.3%)

Bedrooms

3
3 bd
4 results
Price Drop — $5,000 off
358 Illinois
MLS #: 4911326 More Details →
358 Illinois, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/2
Garage: 1
List Price: $329,900 $324,900
DOM: 101
Taxes: $1,543/yr
Year Built: 1994
Listed By: Homes of Colorado, LLC
List Price $324,900
Est. Monthly Cost* $2,540.15
Price Drop — $19,700 off
103 Illinois
MLS #: 9201566 More Details →
103 Illinois, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/2
Garage: 1
List Price: $369,000 $349,300
DOM: 34
Taxes: $214/yr
Year Built: 2026
Listed By: Properties of Colorado Inc
List Price $349,300
Est. Monthly Cost* $2,591.73
Under Contract
699 Cedar Hills
MLS #: 6573355 More Details →
699 Cedar Hills, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 4/2
Garage: 6
List Price: $530,000
DOM: 7
Taxes: $1,073/yr
Year Built: 1998
Listed By: Pulse Real Estate Group LLC
List Price $530,000
Est. Monthly Cost* $3,865.49
Price Drop — $25,000 off
18530 Highway 115
MLS #: 8958188 More Details →
18530 Highway 115, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/3
Garage: 2
List Price: $1,325,000 $1,300,000
DOM: 167
Taxes: $3,459/yr
Year Built: 1985
Listed By: HomeSmart
List Price $1,300,000
Est. Monthly Cost* $9,187.18

About Penrose

The Penrose area in Colorado Springs currently has 3 active residential listings ranging from $324,900 to $1,300,000, with an average list price of $658,067. Homes in this area average 101 days on market. In the last 30 days, 2 homes sold in the Penrose area at an average close price of $597,500, with buyers paying an average of 96.4% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $3,865 to $9,187 including taxes and insurance.

Nearby Areas

Beaver Park Top Rail Ranch Estates Unknown

Looking for a home in Penrose? Contact Rob Thompson at 719.440.6626 for a personalized home search or visit our monthly payment search to find homes that fit your budget. You can also browse by budget: under $1,500/mo, under $2,000/mo, under $2,500/mo, or under $3,000/mo.

The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Estimated monthly costs assume 7.0% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend.

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