Penhook, VA Real Estate Market Summary – September 8, 2026

In Penhook, VA, there were a total of 4 homes sold in the last 30 days, reflecting a steady pace with an average of 1 home sold every 7.5 days. The average living area of these properties was 2,972 square feet, and they were primarily built around the mid-1980s.

Metric 30 Days
Number Sold 4
Sold Per Day 1 every 7.50 days
Average SQFT 2972
Median Sales Price $1,297,500
Average Sales Price $1,201,041
Average Price Per SQFT $352
Average Days on Market 18
Average Year Built 1985

 

Penhook, VA Single Family Home Analysis

Two single-family homes were sold, with an average living area of 3,080 square feet. These homes had an average price of $1,104,581 and took around 24 days to go under contract.

Metric 30 Days
Number Sold 2
Sold Per Day 1 every 15.00 days
Average SQFT 3080
Median Sales Price $1,104,581
Average Sales Price $1,104,581
Average Price Per SQFT $248
Average Days on Market 24
Average Year Built 1968

 

Penhook, VA Condo & Townhome Analysis

In addition, two condo or townhome units sold, each averaging 2,864 square feet. These were sold at an average price of $1,297,500 with a quick average of 12 days on market.

Metric 30 Days
Number Sold 2
Sold Per Day 1 every 15.00 days
Average SQFT 2864
Median Sales Price $1,297,500
Average Sales Price $1,297,500
Average Price Per SQFT $457
Average Days on Market 12
Average Year Built 2002

 

Buyer & Seller Analysis

  • Average sold price across the market was $1,201,041
  • Median sold price for single-family homes was $1,104,581
  • Condo/townhome units had a median sale price of $1,297,500
  • Days on market averaged 18 days for all segments
  • There is no disclosure of sale prices for individual homes.

Conclusion

Overall, the Penhook market has demonstrated a consistent pattern in recent weeks, with a good number of properties changing hands. This continued activity suggests a stable demand in the area.

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