$850
1 bd1 ba650 sqft
1291 W State Fair APT 105
Penrose, MI Housing Market
$37,198
15.9% 1-yrThe average Penrose, MI home value is $37,198, down 15.9% over the past year.
What is the Zillow Home Values Index?
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.
Penrose Key Takeaways
Typical Home Values: $37,198
1-year Value Change: -15.9%
(Data through November 30, 2025)
Penrose Housing Market Overview
--1-year Market Forecast
6For sale inventory(November 30, 2025)
--New listings(November 30, 2025)
--Median sale to list ratio
--Median sale price
--Median list price(November 30, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Chaldean Town$68,311
- Palmer Woods$557,697
- Grixdale Farms$83,484
- Green Acres$208,028
- Nolan$49,765
- Detroit Golf$542,929
- Greenfield Park$54,702
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Penrose Rental Market Trends
--Average rent in Penrose
$1,925National average rent(November 30, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
