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Data as of February 2026. Source: Realtor.com.
The PENROSE, NC real estate market (28766) currently shows 5 active listings, with 1 pending sales. Homes are averaging 63 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 63 days on market compared to 121 days last year.
The median listing price has fallen 10.3% year-over-year, from $414,500 to $372,000.
Whether you are buying or selling in PENROSE, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 896 · Density: 57.7/mi² · Median household income: $74,375
Typical home value: $283,793 · Homeownership: 82.0%
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 28766 | Penrose, NC 28766 | 0.0 mi | 4 | $1,574,000 | $399,000 | $393,500 |
| 28729 | Etowah, NC 28729 | 4.9 mi | 20 | $10,039,000 | $457,000 | $501,950 |
| 28768 | Pisgah Forest, NC 28768 | 6.3 mi | 38 | $35,013,314 | $590,000 | $921,403 |
| 28759 | Mills River, NC 28759 | 9.5 mi | 51 | $55,724,385 | $724,450 | $1,092,635 |
| 28712 | Brevard, NC 28712 | 9.9 mi | 165 | $143,081,565 | $597,000 | $867,161 |
| 28726 | East Flat Rock, NC 28726 | 11.6 mi | 6 | $2,170,800 | $360,000 | $361,800 |
| 29661 | Marietta, SC 29661 | 13.4 mi | 18 | $28,478,916 | $1,299,000 | $1,582,162 |
| 28731 | Flat Rock, NC 28731 | 13.9 mi | 77 | $57,640,198 | $587,450 | $748,574 |
| 28704 | Arden, NC 28704 | 15.0 mi | 133 | $160,766,809 | $630,000 | $1,208,773 |
| 29690 | Travelers Rest, SC 29690 | 17.2 mi | 164 | $119,846,116 | $572,450 | $730,769 |
| 28773 | Saluda, NC 28773 | 17.4 mi | 42 | $25,987,542 | $625,000 | $618,751 |
| 28716 | Canton, NC 28716 | 18.7 mi | 91 | $48,879,194 | $392,500 | $537,134 |
| 29688 | Tigerville, SC 29688 | 19.9 mi | 1 | $1,000,000 | $1,000,000 | $1,000,000 |
As of February 2026, there are 5 active listings in PENROSE, NC (zip code 28766), compared to 7 the prior year.
The median listing price in PENROSE, NC 28766 is $372,000 as of February 2026, a 10.3% decrease from $414,500 the prior year.
Homes in PENROSE, NC 28766 spend an average of 63 days on the market before going under contract, compared to 121 days the prior year.
Based on current inventory and days-on-market data as of February 2026, PENROSE, NC 28766 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 63 days on market compared to 121 days last year.
With SELL123.com's maximum 3% commission, sellers in PENROSE, NC 28766 save an estimated $7,440 compared to a typical 5% commission on the median listing price of $372,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.