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Advertise here →Penrose, CO · Houses & Market Data
Penrose, Colorado houses and real estate market data.
Houses in Penrose, CO (Fremont County) — Census median home value $276,100, county listing prices up about 2.3% over the past year. Market data for Penrose houses and the broader area.
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Penrose, CO is in Fremont County, Colorado — this guide covers houses in Penrose and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,978, with a median household income of $75,109. Census data puts the median value of houses in Penrose at $276,100.
Info from government sites and builders may have provided source info.
Market overview
Penrose housing market
Penrose is in Fremont County, Colorado. Manifest Census and county price-trend data provide baseline context for houses in Penrose and the surrounding county market.
Median home value (Census ACS)
$276,100
Population (Census ACS)
3,978
Median household income
$75,109
County price trend (2025)
2.27% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Penrose market snapshot
Population
3,978
County
Fremont County
Median Household Income
$75,109
Median Home Value (city)
$276,100
Median Gross Rent
$-666,666,666/mo
Price Trend (YoY)
+2.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Penrose different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Penrose's median home value — across all owner-occupied homes, not just recent sales — at $276,100.
County Price Trend
Fremont County's FHFA house price index shows a 2.27% annual change in 2025.
Population & Income
Penrose has an estimated population of 3,978 and a median household income of $75,109, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Penrose's Census-reported median home value works out to about 3.7x the area's median household income, and median gross rent runs roughly -10651187% 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.
Nearby
Places around Penrose
County guide: Fremont County — cities, market context, and local resources for the county that includes Penrose.
USAHouses.com also helps visitors looking in nearby Fremont County and other Colorado communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Florence, Coal Creek, Williamsburg, Rockvale, Brookside, Lincoln Park, Cañon City, Park Center, Cotopaxi, Coaldale, Howard.
Florence market data
Nearby city · ~6.1 mi
Coal Creek market data
Nearby city · ~8.7 mi
Williamsburg market data
Nearby city · ~9.6 mi
Rockvale market data
Nearby city · ~9.7 mi
Brookside market data
Nearby city · ~10.3 mi
Lincoln Park market data
Nearby city · ~11.5 mi
Cañon City market data
Nearby city · ~12.0 mi
Park Center market data
Nearby city · ~13.0 mi
Cotopaxi market data
Nearby city · ~37.2 mi
Coaldale market data
Nearby city · ~44.2 mi
Howard market data
Nearby city · ~45.6 mi
More Colorado cities with market guides: Aurora, Fort Collins, Lakewood, Thornton, Arvada, Westminster, Pueblo, Greeley.
Aurora market data
Same-state city guide
Fort Collins market data
Same-state city guide
Lakewood market data
Same-state city guide
Thornton market data
Same-state city guide
Arvada market data
Same-state city guide
Westminster market data
Same-state city guide
Pueblo market data
Same-state city guide
Greeley market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Pueblo West (~13.8 mi), Victor (~21.3 mi), Goldfield (~21.6 mi), Pueblo (~23.6 mi), Beulah Valley (~24.1 mi), Cripple Creek (~24.6 mi), Salt Creek (~25.7 mi), Blende (~26.2 mi), Silver Cliff (~29.6 mi), Midland (~30.5 mi), Vineland (~31.7 mi), Westcliffe (~32.1 mi), Colorado City (~34.4 mi), Rye (~34.7 mi), Divide (~37.2 mi), Avondale (~37.6 mi).
New construction: New homes near Penrose (Aurora) · New homes near Penrose (Colorado Springs) · Colorado new construction.
Census & home facts
Penrose data from published sources
Population (ACS 2023)
3,978
Median home value (ACS 2023)
$276,100
Median household income (ACS 2023)
$75,109
County FHFA annual change (2025)
2.27%
Census place type
CDP
County
Fremont County
Land area (Census Gazetteer 2024)
17.85 sq mi
Census GEOID
0858400
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Penrose
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Villa Bella ↗
Richmond American Homes · Pueblo, Colorado · ~23.6 mi
Ventana South ↗
Challenger Homes · Fountain, Colorado · ~25.3 mi
Evergreen Ridge ↗
LGI Homes · Colorado Springs, Colorado · ~29.3 mi · from $389,900
Toll Brothers at Gold Hill ↗
Toll Brothers · Colorado Springs, Colorado · ~29.5 mi
Toll Brothers at Gold Hill - Apex Collection ↗
Toll Brothers · Colorado Springs, Colorado · ~29.5 mi · from $459,995
Local life
Life in Penrose
Schools
Fremont Re-1 — 8 schools, 3,305 students enrolled, per the U.S. Department of Education's Common Core of Data. Fremont addresses may be served by Fremont Re-1, but attendance zones vary by street — confirm assigned schools with the district before making a move.
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Common questions
Penrose FAQ
What are houses worth in Penrose, CO?
The Census Bureau's American Community Survey puts the median value of houses in Penrose at $276,100.
How much do houses cost in Penrose, CO?
For owner-occupied houses in Penrose, Census ACS data shows a median value of $276,100. Active listing prices in Fremont County may differ — see the market snapshot above.
What types of houses are in Penrose, CO?
Penrose houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Fremont County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Penrose, CO?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Penrose's population at approximately 3,978.
What's the median rent in Penrose, CO?
The Census ACS estimates median gross rent in Penrose at approximately $-666,666,666 per month.
What is the median household income in Penrose, CO?
Census ACS data puts the median household income in Penrose at approximately $75,109.
Is the Penrose housing market growing?
Fremont County's FHFA house price index shows a 2.27% annual change in 2025.
Is Penrose, CO affordable relative to income?
Census ACS data puts Penrose's median home value at about 3.7 times the median household income, with median gross rent equal to roughly -10651187% 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.
What school district serves Penrose, CO?
Manifest and public school-directory data suggest Fremont Re-1 for many Penrose addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.
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