The median home in Penrose, North Carolina is valued at $407,290, up 0.4% year over year. Penrose is part of the Brevard, NC metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Brevard, NC stress score, crash risk, and 12-month forecast →

Home Value$407,290

+0.4%

AFFORDABILITY

Enter your income for Penrose.

Income (annual)

Down Payment

$81,458 on $407,290

Out of reach — 39.9% of income

Need $106,929/yr to afford.

PITI$2,495

P/I39.9%

Afford$286K

Gap-$122K

P&I $2,059Tax $285Ins $150

6.50% 30yr, 20% down, county tax + NC ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in North Carolina

Compare Penrose with other housing markets across North Carolina.

Wrightsville Beach$1644K Bald Head Island$1365K Cashiers$1341K Marvin$1225K Weddington$1041K Highlands$1015K Duck$978K Topsail Beach$927K

Full Brevard, NC analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Brevard, NC metro.

View Brevard, NC metro →

PENROSE, NC