Penrose, CO Real Estate & Homes For Sale

58 homes

Use arrow keys to navigate
NEW - 1 DAY AGO
4 ACRES
$1,100,000
5 Beds
5 Baths
5,087 sqft
465 D St,
Penrose, CO 81240
Keller Williams Performance Realty
Use arrow keys to navigate
3.13 ACRES
$649,500
2 Beds
2 Baths
1,792 sqft
1166 Top Notch Trl,
Penrose, CO 81240
REMAX PROPERTIES
Use arrow keys to navigate
4.72 ACRES
$90,000
1442 K St,
Penrose, CO 81240
RE/MAX Associates, PAR
Use arrow keys to navigate
35.69 ACRES
$799,000
5 Beds
3 Baths
3,472 sqft
2134 Tepley Trl,
Penrose, CO 81240
Keller Williams Performance Realty
Use arrow keys to navigate
3D VIEW
63.82 ACRES
$1,299,000
4 Beds
3 Baths
3,504 sqft
68948 US Highway 50,
Penrose, CO 81240
Keller Williams Clients Choice Realty
Use arrow keys to navigate
162.76 ACRES
$799,000
Tbd Highway 115,
Penrose, CO 81240
Keller Williams Performance Realty
Use arrow keys to navigate
2.74 ACRES
$490,000
3 Beds
2.5 Baths
1,942 sqft
72 Pleasure Trl,
Penrose, CO 81240
All Seasons Llc
AUCTION
0.45 ACRES
Est. $334,500
3 Beds
2 Baths
2,306 sqft
301 Broadway,
Penrose, CO 81240
1 ACRE
$375,000
3 Beds
3 Baths
2,052 sqft
1001 I St,
Penrose, CO 81240
Custer County Realty, Inc.
40.23 ACRES
$499,910
2 Beds
2 Baths
3,022 sqft
107 Bowie Rd,
Penrose, CO 81240
Home Town Real Estate Of Canon City
40.77 ACRES
$68,000
Bowie Road LOT 131,
Penrose, CO 81240
REMAX PROPERTIES, MLS#5841091
3D VIEW
2.61 ACRES
$485,000
3 Beds
2 Baths
1,786 sqft
1407 Top Notch Trl,
Penrose, CO 81240
Real Broker, LLC
40.77 ACRES
$68,000
Bowie Rd,
Penrose, CO 81240
REMAX PROPERTIES
37.2 ACRES
$179,900
1284 Red Rocks Cir,
Penrose, CO 81240
Properties Of Colorado CC, PAR
3D VIEW
4.72 ACRES
$619,000
3 Beds
2 Baths
2,950 sqft
1400 K St,
Penrose, CO 81240
RE/MAX Associates, PAR
2.79 ACRES
$470,000
3 Beds
2 Baths
1,800 sqft
2050 15th St,
Penrose, CO 81240
Homesmart Preferred Realty
4.28 ACRES
$172,500
4 Beds
2 Baths
1,680 sqft
660 M St,
Penrose, CO 81240
Homesmart Preferred Realty
36.9 ACRES
$179,900
1284 Red Rock Cir,
Penrose, CO 81240
Properties Of Colorado Inc
3D VIEW
63.82 ACRES
$1,299,000
4 Beds
6 Baths
3,504 sqft
68948 Highway 50,
Penrose, CO 81240
Keller Williams Clients Choice, PAR
$275,000
3 Beds
1.5 Baths
1,092 sqft
474 Grant St,
Penrose, CO 81240
Homesmart Preferred Realty
9 ACRES
$249,000
3 Beds
2 Baths
1,512 sqft
685 7th St,
Penrose, CO 81240
Real Broker, Llc
37.16 ACRES
$650,000
2 Beds
2.5 Baths
2,536 sqft
470 Bowie Rd,
Penrose, CO 81420
Century 21 Community First
3D VIEW
35.3 ACRES
$850,000
4 Beds
3 Baths
3,400 sqft
570 Valley Dr,
Penrose, CO 81240
The colorado property pros
3D VIEW
75 ACRES
$1,400,000
3 Beds
2.5 Baths
2,912 sqft
757 County Road 863,
Victor, CO 80860
Great Plains Land Company
3D VIEW
35.13 ACRES
$850,000
5 Beds
4 Baths
4,184 sqft
507 Van Egmond Dr,
Penrose, CO 81240
Berkshire Hathaway HomeServices Rocky M
8.14 ACRES
$170,000
15941 State Highway 115,
Penrose, CO 81240
Keller Williams Performance Realty
4.94 ACRES
$389,900
3 Beds
2 Baths
1,329 sqft
776 S Broadway,
Penrose, CO 81240
All Seasons Llc
83.54 ACRES
$400,000
Lot 6,7 Iron Handle Road LOT 6,7,
Penrose, CO 81240
HomeSmart Preferred Realty, MLS#3792820
40.01 ACRES
$179,900
County Road 132,
Penrose, CO 81240
HomeSmart Preferred Realty, MLS#8723266
28.4 ACRES
$850,000
4 Beds
3 Baths
4,110 sqft
86 K St,
Penrose, CO 81240
All Seasons Llc
10 ACRES
$225,000
2 Beds
1 Bath
1,116 sqft
1574 4th St,
Penrose, CO 81240
Homesmart Preferred Realty
3D VIEW
2.75 ACRES
$535,000
3 Beds
2 Baths
4,116 sqft
116 Top Notch Trl,
Penrose, CO 81240
Pulse Real Estate Group Llc
73.62 ACRES
$775,000
2 Beds
2 Baths
1,264 sqft
8200 County Road 132,
Penrose, CO 81240
Homesmart Preferred Realty
3D VIEW
10 ACRES
$509,999
3 Beds
2 Baths
1,794 sqft
1747 16th St,
Penrose, CO 81240
The Cutting Edge
83.54 ACRES
$400,000
Lots 6.7 Iron Handle Rd,
Penrose, CO 81240
Homesmart Preferred Realty
36.18 ACRES
$179,000
5 Iron Handle Rd,
Penrose, CO 81240
Homesmart Preferred Realty
36.17 ACRES
$179,000
Lot 4 Iron Handle Rd,
Penrose, CO 81240
Homesmart Preferred Realty
39.01 ACRES
$179,900
3 Iron Handle Rd,
Penrose, CO 81240
Homesmart Preferred Realty
40.01 ACRES
$179,900
2 County Road 132,
Penrose, CO 81240
Homesmart Preferred Realty
40.02 ACRES
$179,900
1 County Road 132,
Penrose, CO 81240
Homesmart Preferred Realty
Halloween on Trulia
Home prices got you spooked?
Imagine what it’s like living with ghosts to get a deal.Start the ghost hunt

Penrose, CO Real Estate Trends

Learn about the Penrose, CO housing market through trends and averages.

Affordability
Home Value
What Locals Say

Affordability of Living in Penrose, CO

The median home value is $385,419

Month	Median home value
October 2025	$387k
November 2025	$388k
December 2025	$389k
January 2026	$389k
February 2026	$390k
March 2026	$390k
April 2026	$391k
May 2026	$390k
June 2026	$389k
July 2026	$387k
August 2026	$386k
September 2026	$385k

View as a graph

Trends and affordability stats are provided by third party data sources.

Average Home Value in Penrose, CO, by Home Size

Currently, there is 1 new listing in Penrose, CO and 58 homes for sale.

Home Size	Home Value*
2 bedrooms (5 homes)	$314,564
3 bedrooms (17 homes)	$383,554
4 bedrooms (9 homes)	$465,748

*Home value over the past month

What Locals Say about Penrose

Pstiller
13y ago
"I live here, over live here ten years. like the people a lot but not the inconvenience. only one gas station, one very limited grocery. one bank. "
0
Flag
rstillday
13y ago
"I've lived in Penrose for two years now and love the area, everything is close and neighbors are really nice. Keep to themselves, but friendly if you need help. Great place to retire."
0
Flag
Ken
16y ago
"The area is good for horse or animal lovers. The county is only allowing homes or doublewide mobiles in the areas. No singlewides of any year or style are allowed. The area consist of half gravel and half paved roads. There is a huge mix of home types in the area. In 20 years it may become a more sought after area. The local folks do not want to be incorporated like the county would like it to be."
0
Flag

Browse Penrose, CO homes by type

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. Some IDX listings have been excluded from this website. Click here for more information

Penrose, CO Real Estate & Homes For Sale