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Town comparisons › Florence vs Penrose

Florence vs Penrose

Florence and Penrose are both in Fremont County. There are 11 homes for sale in Florence and 12 in Penrose as this page loaded. Penrose is the more expensive of the two: a median asking price of $535,000 against $335,000 in Florence, about 60% higher. Homes are moving faster in Florence — a median of 56 days on market against 78 in Penrose. On months of supply both are a buyer's market right now.

Side by side

MeasureFlorencePenrose
Homes for sale1112
New in last 30 days42
Median asking price$335,000$535,000
Median price per sq ft$258$254
Median size (sq ft)1,3601,747
Median bedrooms33
Median days on market5678
Months of supply18.96.9
Sold, last 12 months721
Median sold price$250,000$525,000
Median days to sell130124
Sold vs asking price96.0%98.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Florence is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Penrose is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Florence

11
Homes for sale
$335,000
Median asking price
$258
Median per sq ft
56
Median days on market

Penrose

12
Homes for sale
$535,000
Median asking price
$254
Median per sq ft
78
Median days on market

Look at either town on its own

Questions people ask

Is Florence or Penrose more expensive?

Penrose is more expensive. The median asking price is $535,000 in Penrose against $335,000 in Florence. By price per square foot, Florence runs $258 and Penrose $254.

Which moves faster, Florence or Penrose?

Homes for sale in Florence have been on the market a median of 56 days, against 78 days in Penrose. Of the homes that actually closed in the last twelve months, Florence took a median of 130 days and Penrose 124.

Is Florence or Penrose the better market for a buyer?

Florence is a buyer's market and Penrose is a buyer's market, measured on months of supply — 18.9 months in Florence and 6.9 in Penrose. More months of supply means more choice and more room to negotiate, so on that measure Florence is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Florence and Penrose?

There are 11 homes for sale in Florence and 12 in Penrose as this page loaded, 4 and 2 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.

The listings these figures are drawn from were last changed at the MLS on September 22, 2026 at 2:14 PM Mountain time. The figures themselves are worked out again from scratch every time this page is opened.

Common questions, answered with live Colorado numbers