Penhold Real Estate

Refine your Penhold real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Penhold.

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  3. Penhold Real Estate

Home Prices in Penhold

The asking price of homes for sale in Penhold has decreased -14.69% since October last year, while the number of homes for sale has increased 9.09%. See more Penhold Home Prices & Values.

House
Median Asking Price
$307K
19 Houses
Townhouse
Median Asking Price
$236K
13 Townhouses
Condo
Median Asking Price
$70K
1 Condos

Find Real Estate & MLS® Listings in Penhold

Zolo has the most thorough, up-to-date set of Penhold real estate listings. Currently, Penhold has 36 homes for sale, including 18 houses, 1 condos, and 13 townhouses on the market. The average sold price for all home types in Penhold is $302K, which is % the same as October 2019. See our Penhold housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

With Zolo you'll be able to find the hottest Penhold neighbourhoods, the best schools in the city, and evaluate nearby amenities. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

MLS® Listing data for Penhold is added every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Penhold real estate agents to get started on landing your dream home today.

Penhold City Guide

2K
Population
20.5%
Population Growth
6%
Unemployment

Located in Alberta, the city of Penhold has a population of 2,375. The 20.5% population growth for this city is above average when compared to other Canadian cities.

There are 1.69% of immigrants in in Penhold, 0% of which are recent immigrants to Canada. Other than English, the most common language spoken is French, with 1% of residents reporting it as their mother tongue. The largest cultural community within Penhold is English at 36%, followed by Canadian at 34% and Irish at 28%.

Penhold offers good employment opportunities with an unemployment rate that sits near 6%, which is above average when compared to other cities. Approximately 50% of residents hold a university degree. Residents can expect an exceptional quality of life in Penhold based upon an above average median family income of $75,918.

According to Statistics Canada 99% of Penhold residents drive. About 17% of residents that are already established within the city will move within a year, while 59% will move within five years.

Penhold's population is higher than average when it comes to homeownership, with 88% owning a home and 12% renting. The median monthly mortgage cost is estimated to be about $1,372, which is above average when compared to renters in other Canadian cities.

In the Canadian real estate context, Penhold is a good place to to buy a home.

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Penhold’s demographics, including median age, schools and income, using census information from Statistics Canada.

12%
Rent
88%
Own
$804
Monthly Rent (Median)
$1,372
Monthly Mortgage (Median)
705
Total Families
$75,918
Family Income (Median)
32
Age (Median)
50%
College Educated

Schools

For those interested in buying Canadian real estate in order to raise a family, take heart: Penhold is home to top-rated elementary and secondary schools. To help you narrow down your Penhold housing market search, here’s the top five schools in each category. (Learn more in our school guide.)

Elementary Schools

n/a Penhold

Commuters

According to Statistics Canada, residents in Penhold use a variety of ways to get around.

99%
Drive
0%
Transit
0%
Bike
1%
Walk

FAQs About Penhold Real Estate

According to current Penhold MLS© statistics, the average home listing price in Penhold, AB is $380,000. Based on Penhold housing inventory, the average home is listed on the market for 95 days and has a 97.8% selling to listing price ratio.

Based on current Penhold MLS© data, the average detached house in Penhold, AB has a listing price of $313,000. In Penhold, detached houses are on the market for 86 days on average.

According to current Penhold MLS© data, the average condo in Penhold, AB has a listing price of $70,000. In Penhold, the average price for a 2-bedroom condo is $0 and the average price for a 1-bedroom condo is $70,000.

In Penhold, AB, the most expensive neighbourhoods to buy a home include None. None is the most expensive neighbourhood in Penhold with an average home price of $70,000.

The cheapest neighbourhoods to buy a home in Penhold include None and None. None is the most affordable neighbourhood in Penhold with an average home price of $70,000.

The closest cities to Penhold, AB include Innisfail, Red Deer, Bowden and Blackfalds. Out of the nearby Penhold cities, Red Deer has the highest average home price of $387,000 and Bowden has the most affordable average home price of $219,000.

The average townhouse in Penhold has an average listing price of $246,000, which represents a -31.2% change in price from last year. There are currently 13 townhouses for sale in Penhold, AB.

According to Statistics Canada Census data, the median total household income in Penhold is $75,918 per year, which is above the national median income of $67,000 per year.

In Penhold, AB, fewer people rent their homes than own at 12.2% rent versus 87.8% own. The median monthly rent price is $85,000 per month versus the median monthly mortgage of $1,200 per month.

penhold
The listing data is provided under copyright by the Calgary Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Calgary Real Estate Board nor Zolo.