Market Overview
Home Prices in Penryn, CA
The median home value in Penryn, CA is $954,655 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.5% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Penryn are priced133% above average. Penryn is part of the Sacramento-Roseville-Folsom, CA metro area.
Over the past five years, Penryn home values have risen by approximately10.2%, reflecting steady appreciation in this market.
Price History
Penryn Home Price Trend
City Comparison
Penryn vs. National Median
At $954,655, homes in Penryn cost 133% above the national median of $410,000. Buyers in Penryn should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Penryn?
20% Down Payment
$190,931
on $954,655
Monthly P&I
$4,979/mo
30-yr @ 6.8%
Total Monthly Est.
~$6,323/mo
incl. taxes & insurance
Income Needed
$252,920
gross annual (30% rule)
10% Down Option
$95,466
+ PMI applies
Loan Amount (20% dn)
$763,724
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Penryn, CA?
The median home value in Penryn is $954,655 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.5% year-over-year.
How much have home prices changed in Penryn?
Over the past year, home values in Penryn have increased by 0.5%. Over five years, prices have risen approximately 10.2%.
How much do I need to earn to buy a home in Penryn?
To comfortably afford the median home price of $954,655 with a 20% down payment ($190,931) at today's rates (6.8%), you'd need a gross annual income of approximately $252,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Penryn compare to the national average home price?
The national median home value is approximately $410,000. At $954,655, homes in Penryn are 133% above the national average.
What metro area is Penryn part of?
Penryn is part of the Sacramento-Roseville-Folsom, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.