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Call/text (707) 474-8855Penn Valley, CA · Market Data
Penn Valley, California real estate market data.
Real estate market data for Penn Valley, CA (Nevada County) — Census median home value $530,100, county listing prices up about 0.9% over the past year.
Penn Valley, CA is in Nevada County, California — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 1,197, with a median household income of $62,966. Census data puts Penn Valley's median home value at $530,100.
At a glance
Penn Valley market snapshot
Population
1,197
Median Household Income
$62,966
Median Home Value (city)
$530,100
Median Gross Rent
$1,608/mo
Price Trend (YoY)
+0.9%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Penn Valley different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Penn Valley's median home value — across all owner-occupied homes, not just recent sales — at $530,100.
County Price Trend
Nevada County's FHFA house price index shows a 0.87% annual change in 2025.
Population & Income
Penn Valley has an estimated population of 1,197 and a median household income of $62,966, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Penn Valley's Census-reported median home value works out to about 8.4x the area's median household income, and median gross rent runs roughly 31% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Penn Valley FAQ
What are home values like in Penn Valley, CA?
The Census Bureau's American Community Survey puts Penn Valley's median home value at $530,100.
What is the population of Penn Valley, CA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Penn Valley's population at approximately 1,197.
What's the median rent in Penn Valley, CA?
The Census ACS estimates median gross rent in Penn Valley at approximately $1,608 per month.
What is the median household income in Penn Valley, CA?
Census ACS data puts the median household income in Penn Valley at approximately $62,966.
Is the Penn Valley housing market growing?
Nevada County's FHFA house price index shows a 0.87% annual change in 2025.
Is Penn Valley, CA affordable relative to income?
Census ACS data puts Penn Valley's median home value at about 8.4 times the median household income, with median gross rent equal to roughly 31% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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