What is the median home price in Penrose, Arlington?

The median home price in Penrose is $890,000, up 35% year-over-year. Homes sell in a median of 39 days. The sale-to-list ratio is 98.48%.

How much does it cost to sell a home in Penrose?

On a $890,000 home in Penrose, a traditional agent charges around 3% — about $26,700. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $23,201 while getting MLS listing and expert support.

How long does it take to sell a home in Penrose?

The median home in Penrose spends 39 days on market. 18.18% of listings go pending within two weeks. 5 homes sold recently in this neighborhood.

Is Penrose a good neighborhood to sell in right now?

Penrose had 5 homes sell recently at a median of $890,000. Sellers are getting 98.48% of their asking price. Ridley's flat fee means you keep more regardless of market conditions.

National/Virginia/Arlington

Penrose · Arlington, VA

Is Now a Good Time to Sell in Penrose, Arlington?

The median home in Penrose sells for $890,000 with prices up 35% year-over-year. Ridley's flat fee saves you $23,201.

Penrose Real Estate Market Conditions

57out of 100

Ridley Sell Score

How it's scored →

Moderate

57/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Penrose market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Virginia average is 2.4.

Price MomentumFavors sellers

Prices up 34.84848485% year-over-year — vs. +1.4% statewide.

Seller LeverageNeutral

Homes selling at 98.48% of asking — buyers are negotiating 1.5% below list. Virginia average is 98.7%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Virginia average of 25.8%.

Sale SpeedFavors sellers

39 median days on market — 14 days faster than the Virginia average.

Market UrgencyFavors buyers

18.18% of listings go pending within 2 weeks — vs. 40.8% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Virginia average is 20.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$890,000

+35%

Days on Market

Price per Sq Ft

$457

Sale-to-List Ratio

98.48%

Homes Sold

Pending in 2 Weeks

18.18%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Arlington — delivered monthly.

Your savings

How much can you save selling in Penrose?

$0Estimated savings

That could fund a full kitchen remodel — save 2.6% of your home value

Your Penrose home value

$890,000

$50,000$10M

Traditional Agent (3%)

$26,700

Ridley Pro (flat fee)

$3,499

Ready to sell in Penrose?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Penrose

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$26,700	$3,499	$999
Buyer agent	$24,9202.8% avg	$17,800~2% avg	$17,800~2% avg
Closing costs (~1.5%)	$13,350	$13,350	$13,350
Total cost	$64,970	$34,649	$32,149
You save	—	$23,201	$25,701

Based on the Penrose median home price of $890,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Penrose

A flat fee of $3,499 instead of the typical $26,700 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Penrose market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Penrose buyers look — plus a custom Ridley listing page with AI chat.

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

Close and keep $23,201 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

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FAQ

Common questions about selling in Penrose

Ready to sell in Penrose?

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Explore nearby

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View all Arlington market data →