Penryn, CA—95663
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Penryn, CA
As of Oct '25, the median home price in Penryn, CA is $908,000, with a year-over-year change of 0.5%. This indicates that home prices in Penryn, CA are flat. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $908,000 | 0.5% |
| Single Family | $910,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $693,000 | -0.7% |
3 Bed | $861,000 | 0.3% |
4 Bed | $1,122,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Penryn, CA
As of July '25, Rentcast reports the average rent in Penryn, CA is $2,460, with a year-over-year rent change of -17.4%. Per bedroom, the median rent as of July '25 in Penryn, CA is 1-bedrooms: $1,400, 3-bedrooms: $3,000. The most common rental property sizes in Penryn, CA are 2-bedroom and 3-bedroom, accounting for 54.9% and 27.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,400 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,800 | $3,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Penryn, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Penryn, CA is 69. This is a increase of 26.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,340,000 | -6.0% |
Listing Count | 10 | 83.0% |
| Listings as % of Homes | 0.6% | 83.0% |
Days on Market | 69 | 26.0% |
Demographics — Penryn, CA
As of the latest ACS Survey released in 2023, Penryn, CA has a population of 3,130, which has increased by 20.1% over the past 5 years. Penryn, CA is a moderately popular place for families, as children make up 16.8% of the population. The area has a highly educated workforce, with 46.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,130 | 20.1% |
% Under 18 | 16.8% | -30.0% |
% Seniors | 23.8% | 9.2% |
% WFH | 14.3% | 31.2% |
% w/ College Degree | 46.6% | 37.9% |
As of the latest ACS Survey released in 2023, Penryn, CA is a predominantly white area, with 78.1% of the population identifying as white. The white population has shrunk by 8.2% in the last 5 years. The second most common race or ethnicity in Penryn, CA is hispanic, making up 8.4% of the population. Foreign-born residents account for 4.8% of the population in Penryn, CA, and this percentage has increased by 50.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.1% | -8.2% |
% Black | 0.0% | N/A |
% Hispanic | 8.4% | -30.6% |
% Asian | 1.6% | ∞% |
% Foreign Born | 4.8% | 50.0% |
Mortgage and Risk — Penryn, CA
According to HUD data as of 2023, there were 58 mortgage originations in Penryn, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 41.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Penryn, CA. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 58 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Penryn, CA
Penryn, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $430 | $1,400 | $1,830 |
| 2 Bedroom | N/A | N/A | $2,270 |
| 3 Bedroom | $280 | $2,800 | $3,080 |
| 4 Bedroom | N/A | N/A | $3,550 |
Affordability — Penryn, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $908,000 |
| Median Household Income | $158,000 |