Penhold, Alberta
As of November 11, 2026, the median asking price in Penhold is $507,450, across 10 active public listings.
Those listings have been on the market an average of 53 days.
3 new listings came to market in Penhold in the last 30 days.
Asking prices work out to about $326 per square foot, based on the 10 listings that report floor area.
Detached homes in Penhold are listed at an average of $499,370 across 10 active listings.
Penhold had a population of 3,484, a median household income of $98,000, 80% of households owning their home at the 2021 Census of Population.
Low-rise residential living with everyday essentials nearby
Penhold is a low-rise, convenience-oriented residential area with schools, basic shopping, and community facilities close at hand.
The appeal is a straightforward residential setting with a practical set of nearby essentials—groceries, pharmacies, a library and museum, and a multiplex-style fitness centre—plus a housing mix dominated by single-family homes with some duplex/row-style choices. It is not an urban, highly walkable place where most errands happen on foot, and it is not defined by dense apartment living.
Groceries, pharmacy options, and casual dining are all present nearby, supporting a run-the-errands-without-a-big-trip pattern.
Multiple school options are nearby, including Penhold Waskasoo Middle School, Penhold Crossing Secondary School, and Jessie Duncan Elementary School.
The Town of Penhold Multiplex Fitness Centre and recreation options like Arashi Do Martial Arts anchor local, routine-friendly activities.
The Penhold & District Library and Penhold & District Museum add small-scale cultural anchors that feel local rather than destination-oriented.
Housing in Penhold is primarily newer, low-rise residential, dominated by single-family homes with a meaningful presence of duplex and row-style product. Overall, it reads as a ground-oriented market rather than an apartment-forward one.
A typical home here is a low-rise single-family house, with some buyers choosing duplex or row-style alternatives.
A weekend in Penhold often looks local and errand-friendly: a stop for coffee or a casual meal, a visit to the library or museum, and time around recreation facilities such as the Town of Penhold Multiplex Fitness Centre. For structured activities, options like Arashi Do Martial Arts add another routine-based outlet.
In Penhold, it pays to look past the asking price at how each property fits your day-to-day routes for groceries, pharmacies, schools, and community facilities. The walk/bike scores suggest some errands can work without a car, but many will still be driving-based.
Check how directly the home connects to the everyday stops you’ll actually use—shopping like IGA or Short Stop Express, and healthcare like I.D.A. or Pharmasave.
If schools matter to your routine, confirm the practical distance to nearby options such as Penhold Waskasoo Middle School, Penhold Crossing Secondary School, and Jessie Duncan Elementary School.
The area skews to single-family homes with some duplex/row-style product; make sure the specific format aligns with how much space and maintenance you want to take on.
With walk (47/100) and bike (46/100) scores, verify whether the home’s location supports the level of walking or cycling you want for errands and recreation.
Selling in Penhold is about making the home’s day-to-day practicality easy to grasp, because buyers will weigh how each property connects to nearby essentials and community anchors. Clear, concrete positioning works better than broad lifestyle claims. Show how your home fits the area’s predominantly low-rise, ground-oriented housing character.
Make it simple to see the home’s access to nearby necessities—grocery options, pharmacies, and common takeout/coffee stops—using clear, factual descriptions.
Be explicit about the home type and how it lives day-to-day (single-family vs. duplex/row-style), since many buyers are choosing Penhold specifically for ground-oriented living.
If relevant, highlight straightforward access to the Town of Penhold Multiplex Fitness Centre, the Penhold & District Library, or the Penhold & District Museum—without overpromising walkability.
Because many homes are in newer low-rise subdivisions, buyers will look for clean, comparable condition signals; provide crisp disclosure and documentation where available.
Penhold offers a low-rise, ground-oriented housing mix paired with a practical set of nearby essentials—schools, groceries, pharmacies, and community facilities. It works well for buyers who want day-to-day convenience without dense, urban form. It is not the right fit if your priority is doing most errands on foot, or if you want a large, destination shopping and dining scene close by.
This description is compiled from the figures above and from published sources. It is not a statistic.
Penhold’s current for-sale market is fairly tight, with 10 active listings at a median asking price of $507,450 and an average $326 per sq ft, reflecting a mix of newer single-family homes, townhomes, and a smaller selection of more established properties across the city. Homes have been listed for an average of 53 days so far, suggesting buyers may have some room to negotiate on lingering inventory, but with only 3 new listings in the past 30 days, overall supply remains limited. For buyers and investors, the data points to a market where well-priced, move-in-ready options can still attract attention, while patience may be rewarded on higher-priced or less updated homes.
AI-written commentary on the active public listing snapshot as of November 11, 2026. Not financial advice.
Walkability 47 · Bikeability 46
Places from Overture Maps Foundation (CDLA-Permissive-2.0), with OpenStreetMap (© OpenStreetMap contributors, ODbL) filling categories it does not cover. Source edition: 2026-08-19.0. Retrieved September 15, 2026 (UTC). Data may be incomplete or outdated. Retrieval does not verify current opening hours or availability.
Being near a school does not establish enrolment eligibility. Confirm the exact address, school year and program with the local school board.
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Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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