How much does it cost to buy a house in Penn Valley, CA?

In May 2026 Penn Valley homes were listed to buy for a median price of $544K, which is same as April 2025 last month, and same as May 2025 last year. The median value of a home listed to buy in Penn Valley in May 2026 was $266 per sqft, which is a 3% decrease to April 2025 last month, and a 3% decrease to May 2025 last year.

Is it affordable or expensive to buy real estate in Penn Valley, CA?

It is expensive to buy a house in Penn Valley. Buying a home in Penn Valley is 1% more expensive compared with the national average.

Is it a good time to buy real estate in Penn Valley, CA?

Yes now is a good time to buy property in Penn Valley, in May 2026, homes in Penn Valley have decreased in value (price per sqft) by 3% in the last year compared with May 2025.

Is the Penn Valley, CA housing market slowing down?

The housing market in Penn Valley is slowing down. In May 2026, homes for sale in Penn Valley spent a median of 35 days on the market, a 33% decrease from May 2025 last year.

How much money should I make to buy a house in Penn Valley, CA?

In May 2026, Penn Valley homes were listed to buy for a median price of $544K, with 25% down you would need $2.94K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $101K.

Is it a good time to sell my house in Penn Valley, CA?

Yes now is a good time to sell your house in Penn Valley, in May 2026, homes in Penn Valley have decreased in value (price per sqft) by 3% in the last year compared with May 2025.