- 1 bd
- 1 ba
- 540 sqft

The average Penrose, NC home value is $406,582, down 1.7% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $406,582
1-Year Value Change: -1.7%
(Data through September 30, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Penrose, NC is $406,582 as of September 2026. This represents a 0.2% decrease compared to last month and a 1.7% decrease year-over-year.
Home values in Penrose, NC have decreased by 0.2% month-over-month and 1.7% year-over-year.
The median home value in Penrose, NC ($406,582) compares to: Transylvania County ($462,178), North Carolina ($332,159), and the U.S. national median ($366,157).