Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 3 |
Acreage buckets
The median price for land in Penngrove, California is currently $376K per acre. For a typical parcel, the median sale price is $750K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $490K while premium lots reached $1.9M.
There are currently 7 active listings in Penngrove, California. 2 new listings have hit the market in the last 90 days. The median asking price is $591K.
The 12-month rate is 3.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Penngrove, California saw 3 properties sold, totaling $3.4M in sales volume.
Land in Penngrove, California typically sells within 82 days of listing. The median time on market is 82 days. Properties are moving at a moderate pace in the current strong buyer's market.
The top-performing broker in this market is W Real Estate.
Land in Penngrove, California averages $1.4M per acre. The median price per acre is $376K, which may be more representative of typical transactions. Most parcels sold are around 1.1 acres.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
