Why Live in Penrose
Penrose, a neighborhood in Arlington, Virginia, is situated about 3 miles west of Washington, D.C., making it a convenient location for military families and commuters. The area is home to the Naval Support Facility Arlington and is less than 2 miles from the Pentagon, Pentagon City Metro station, and the Foreign Service Institute. Housing options range from early 1900s Cape Cods and brick Colonial Revivals to contemporary townhouses and apartments above businesses. The neighborhood is zoned for Arlington County Public Schools, which are highly rated, including Alice West Fleet Elementary School, Jefferson Middle School, and Wakefield High School. Penrose boasts several parks, such as Penrose Park with its playground, basketball and tennis courts, and Towers Park, which features a dog park and community garden. Arlington National Cemetery is less than a mile away, offering a place for reflection and tours. The neighborhood's walkable streets are lined with a mix of older homes and new constructions, all on neat, square lots. Columbia Pike, the southern boundary of Penrose, is a hub for mixed-use facilities, trendy eateries, and retailers. Popular dining spots include Sabores Tapas Bar, William Jeffery’s Tavern, and Acme Pie Company. The area is well-connected with major routes like Washington Boulevard and U.S. Interstate 395, and Ronald Reagan Washington National Airport is about 3 miles south. Penrose is known for its low crime risk, making it safer than the national average.
Home Trends in Penrose, VA
On average, homes in Penrose, Arlington sell after 68 days on the market compared to the national average of 70 days. The median sale price for homes in Penrose, Arlington over the last 12 months is $650,000, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$650,000
Median Single Family Sale Price
$725,000
Median 2 Bedroom Sale Price
$308,500
Median 1 Bedroom Sale Price
$215,000
Average Price Per Sq Ft
$329
Number of Homes for Sale
1
Last 12 months Home Sales
51
Median List Price
$525,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%