Is Penn Valley, CA 95946 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Penn Valley is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score37/ 100

More competitive than 35% of U.S. ZIP codes, and #921 of 1069 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4Under 4 months = seller’s market

Sold above original list15.5%Share of sales, last 3 months

Median sale-to-list98.2%Sold price ÷ list price

Median days on market47Listing to accepted offer

Median price per sq ft$257▼ −10.5% vs. last year

Run the numbers for 95946

Prefilled for 95946Can I win this house?Multiple-offer likelihood for a listing Prefilled for 95946Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Floriston 96111 — /sq ft Grass Valley 95945Seller’s market $336 /sq ft Grass Valley 95949Seller’s market $302 /sq ft Nevada City 95959Seller’s market $324 /sq ft Browse all markets →

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More tools for 95946

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology