The Penrose-Fayette Street housing market is somewhat competitive. The median sale price of a home in Penrose-Fayette Street was $70K last month, up 10.2% since last year. The median sale price per square foot in Penrose-Fayette Street is $90, up 66.7% since last year.
What is the housing market like in Penrose-Fayette Street today?
In November 2024, Penrose-Fayette Street home prices were up 10.2% compared to last year, selling for a median price of $70K. On average, homes in Penrose-Fayette Street sell after 35 days on the market compared to 47 days last year. There were 21 homes sold in November this year, up from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$70,000
+10.2% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
Penrose-Fayette Street, MD
$70,000
+10.2%
United States
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How hot is the Penrose-Fayette Street housing market?
Penrose-Fayette Street is somewhat competitive. Homes sell in 39.5 days.
0
100
59
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 7% above list price and go pending in around 40 days.
Hot homes
can sell for about 11% above list price and go pending in around 15 days.
Learn about schools in the Penrose-Fayette Street area
Elementary
Middle
High
GreatSchools Rating
1/10
Mary Ann Winterling Elementary School
Public • PreK-5
185
Students
2 reviews
NR
Lockerman Bundy Elementary School
Public • PreK-5
215
Students
3 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Penrose-Fayette Street housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Penrose-Fayette Street.
Flood Factor - Moderate
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Penrose-Fayette Street has a moderate risk of flooding. 148 properties in Penrose-Fayette Street are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Penrose-Fayette Street. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Penrose-Fayette Street has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Penrose-Fayette Street is most at risk from hurricanes. 1,648 properties in Penrose-Fayette Street have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Penrose-Fayette Street has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Penrose-Fayette Street have a Severe Heat Factor®.
Penrose-Fayette Street is expected to see a 128% increase in the number of days over 103ºF over the next 30 years. Penrose-Fayette Street is expected to experience 8