Home prices
The median home value in Penn Valley is $315,200. This is roughly $78,040 (19%) lower in comparison to its nearby areas.Compared to the country as a whole it is roughly $97,700 (44%) higher, and is roughly $21,700 (6%) lower compared to the city of Sacramento.
Rents
The median rent in Penn Valley is $1,279 per month. This is roughly $285 (18%) lower in comparison to its surrounding areas.It is approximately $217 (20%) higher in comparison to the entire country, and is approximately $16 (1%) higher in comparison to the city of Sacramento.
Nearby places
Lake Wildwood
Lake Wildwood is approximately 2 miles north from Penn Valley. The real estate prices there are a little more expensive. Lake Wildwood's median home value is $395,900, which works out to $80,700 (20%) higher than Penn Valley. Rent there is significantly more expensive. Lake Wildwood's median rent is $1,905 per month, which works out to $626 (32%) higher than Penn Valley.
Grass Valley
Grass Valley is approximately 6 miles east of Penn Valley. Its real estate prices are similar. The price of the median home in Grass Valley is $331,400, which is $16,200 (4%) higher than Penn Valley. Rents there are somewhat less expensive. The median rent in Grass Valley is $1,076 per month, which comes out to $203 (18%) lower than Penn Valley.
Alta Sierra
Alta Sierra is about 8 miles southeast from Penn Valley. Housing prices there are somewhat more expensive. The median home price in Alta Sierra is $395,700, which works out to $80,500 (20%) higher than Penn Valley. Rent there is somewhat more expensive. The median monthly rent in Alta Sierra is $1,847, which is $568 (30%) higher than Penn Valley.
Nevada City
Nevada City is roughly 9 miles northeast of Penn Valley. Its real estate prices are a bit more expensive. The price of the median home in Nevada City is $417,600, which comes out to $102,400 (24%) higher than Penn Valley. The rent there is a little less expensive. Nevada City's median rent is $1,100 per month, which is $179 (16%) lower than Penn Valley.
Lake of the Pines
Lake of the Pines is approximately 12 miles southeast from Penn Valley. The housing prices there are a bit more expensive. Lake of the Pines's median home cost is $425,600, which is $110,400 (25%) higher than Penn Valley. Rent there is significantly more expensive. The median monthly rent in Lake of the Pines is $1,891, which comes out to $612 (32%) higher than Penn Valley.
