Penrose, CO Homes under $300,000

/30
$225,000
- Land
- 28 Acres
- $8,047 per Acre
2 8th St, Penrose, CO 81240

A DIAMOND in the ROUGH! 27.9 acres with a permitted HOT ARTESIAN WELL (92 degrees) which can be used for Irrigation and medicinal purposes. Was used in the past by many locals for it's healing capabilities. Also has BEAVER CREEK running through the land from north to south for livestock to drink from. Views of the surrounding mountains, could be a solar site or power is about 1/8 of a mile.

Linda Mattson

Homesmart Preferred Realty

(719) 280-5767

2 8th St, Penrose, CO 81240
/7
$210,000
- 3 Beds
- 2 Baths
- 1,440 Sq Ft
1780 14th St, Penrose, CO 81240

(Price reduction based on in-progress renovation, but available to buy now with full cleanup and new windows, including large picture window in Livingroom. Price to increase later in renovation. Contact Agent for details)This 1,440 sq ft manufactured home offers comfortable living on a spacious 3.72-acre lot in rural Penrose, Colorado. The home features 3 bedrooms, 2 bathrooms, and a

Blake Hanenberg Keller Williams Performance Realty

1780 14th St, Penrose, CO 81240
/40
$224,900
- Land
- 10 Acres
- $22,490 per Acre
735 M St, Penrose, CO 81240

Discover the tranquility of this secluded 10-acre homestead offering exceptional off-grid potential and stunning mountain views. The property is fully fenced, providing privacy and security, and features a fully insulated tin shack perfect for year-round living or a much deserved retreat. A framed solar room/greenhouse allows for year-round gardening and reaches nearly 80 degrees even in the cold

JOHN PAVLICEK BRIDGETOWN REALTY, LLC

735 M St, Penrose, CO 81240
/9
$225,000
- Land
- 0.00 Acre
1390 K St, Penrose, CO 81240

The property at 1390 K Street in Penrose, Colorado, offers 2.72 acres of picturesque land. This expansive lot provides ample space for various outdoor activities and potential development. The property includes a substantial shop, ideal for storage, hobbies, or business operations. Located on the corner of highway 50 and 1 mile from from Highway 115, it offers convenient access to Colorado

Sandy Smith Properties Of Colorado Inc

1390 K St, Penrose, CO 81240
/26
$261,000
- 3 Beds
- 2 Baths
- 912 Sq Ft
505 Broadway, Penrose, CO 81240

Cozy 3 Bedroom, 2 Bath Home with 2 car detached garage. Original built in cabinets in main bathroom and hallway. New Water Heater and Furnace installed in January 2024 with Brand New Heat Ducts. Solar installed in January 2024 also. This home is located just a few blocks of school, stores and Penrose Park. Totally fenced in yard for your fur babies. Stop by to see for yourself and you'll be glad

Peggy Borchers Homesmart Preferred Realty

505 Broadway, Penrose, CO 81240
/21
$275,000
- 3 Beds
- 2 Baths
- 1,344 Sq Ft
530 Illinois St, Penrose, CO 81240

Welcome to this beautifully updated 3 Bedroom 2 Bathroom home on a generous 1/2 acre lot in the charming town of Penrose, CO. Ideally located directly across the street from Penrose park and minutes from highway 115, this property offers peaceful views and easy access to outdoor activities. Whether you're enjoying the park's green spaces or taking advantage of the close proximity to Pueblo,

Laura Krueck Properties Of Colorado Inc

530 Illinois St, Penrose, CO 81240
/12
$267,500
- 2 Beds
- 1 Bath
- 860 Sq Ft
414 4th St, Penrose, CO 81240

SW home Holly Palk 1972, Vacant, ready to show, and will still need notice to show. Great easily accessible to half mile to Highway 115, and to Hwy 50. easy shot to Colo Springs / Fort Carson. Go South on Hwy 115 to Westcliffe, beautiful area for Hunting Back Trekking Mountain climbing etc... Hwy 50 East to Pueblo Close to PUEBLO and West To Canon City, Salida. Post

Hoshi Mistry Keller Williams Performance Realty

414 4th St, Penrose, CO 81240

Colorado Penrose

Home Trends in Penrose, CO

On average, homes in Penrose, CO sell after 72 days on the market compared to the national average of 51 days. The median sale price for homes in Penrose, CO over the last 12 months is $398,500, up 10% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$398,500

Median Single Family Sale Price

$431,500

Average Price Per Sq Ft

$249

Number of Homes for Sale

Last 12 months Home Sales

112

Months of Supply

5.40

Median List Price

$456,777

Median Change From 1st List Price

Median Home Sale Price YoY Change

10%

How to Buy a Home How to Finance a Home How to Sell a Home

Browse a range of homes for sale under $300,000 in Penrose, offering accessible options for prospective buyers. With 7 listings available, there's a variety of affordable properties to explore, from charming starter homes to spacious family residences. These homes present an excellent opportunity to enter the housing market and secure a property that fits both your preferences and your budget in Penrose, CO.

Penrose Types of Homes for Sale

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