Is Penryn, CA 95663 a buyer’s or seller’s market?
Penryn is a seller’s market. With about 2 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Penryn housing market right now
In the three months ending August 31, 2026, 9% of homes in Penryn, CA 95663 sold above their list price, the typical home went under contract in 46 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (56 days then) and the median sale price rose 2% to $1,314,431. Overall, Penryn is more competitive than a year ago, so tougher for buyers.
Within Placer County, homes here sell more slowly than in 77% of the county’s ZIP codes, and sell less often over asking than in 77%.
Nearby, buyers who want less competition could look at Olympic Valley 96146 (0% sold over asking) or Emigrant Gap 95715 (0% sold over asking), while Sheridan 95681 (50% sold over asking) and Soda Springs 95728 (44% sold over asking) are even more competitive.
Run the numbers for 95663
Nearby markets
Alta 95701Seller’s market $297 /sq ftApplegate 95703Balanced $351 /sq ftAuburn 95602Seller’s market $339 /sq ftAuburn 95603Seller’s market $369 /sq ft Browse all markets →Towns like Penryn nearby
Find towns like Penryn in other states →Where Penryn is
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Questions about Penryn real estate
Is Penryn a buyer’s or seller’s market?
A seller’s market: there were 2 months of supply in Penryn, CA 95663 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Penryn?
The typical home went under contract in 46 days in the latest three months.
Do homes in Penryn sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 92.5% of the list price.
What are property taxes in Penryn?
About 1.15% of a home’s value a year in Placer County, or roughly $4,600 on a $400,000 home.
What is the median home price in Penryn?
The median sale price was $1,314,431 in the three months ending August 31, 2026, about $540 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology