Homes for sale


Right in the middle of the Calgary-Edmonton Corridor rests Penhold, a charming town situated just south of Red Deer, located along Highway 2. This Central Alberta community is one of Canada's fastest growing towns and it's easy to see why. Many homebuyers are moving here for the area's affordable housing market, the rural lifestyle and the year-round amenities. And with an ample selection of single-family homes, townhomes, condos and estates, Penhold leaves little to be desired.


Penhold, AB Real Estate Statistics

Average Price $366K
Lowest Price $149K
Highest Price $475K
Total Listings 12
Avg. Days On Market 70
Avg. Price/SQFT $282

Property Types (active listings)


More About Penhold AB Real Estate Market

The Penhold real estate market comprises a lovely selection of homes and townhomes, ideal for any homebuyer no matter what stage of life they're in. Whether they're searching for their first home, a move-up home or a charming bungalow to retire in, they'll be able to find something in Penhold. And most of the homes in Penhold range in pricing between the low $200s to over $500,000, perfect for any type of budget.

The higher end homes for sale in Penhold are mostly new construction properties, built within the last 5 years. These residences feature gorgeous hardwoods or engineered hardwoods, stone fireplaces, top-of-the-line appliances, gourmet kitchens, and spa-like master suites. These homes have been carefully crafted and they're move-in ready. Similar to Sylvan Lake and Red Deer, Penhold homes for sale are the perfect residence for families to grow into.

More modest properties for sale in Penhold have also been beautifully designed and impeccably maintained. You'll find craftsman style homes, condos, split-levels, ranchers and bungalows, just waiting for your personal touches.

Penhold Community Highlights

Penhold is a booming little town with large agricultural influences. This town also has plenty to offer family members of all ages.

Additionally, from recreation and leisure activities to nearby Red Deer and big city amenities, there's always something happening in or around Blackfalds. Other community highlights include:

  • Parks
  • Walking and biking trails
  • Golf
  • Festivals
  • Indoor and outdoor skating rinks

Jay McDouall

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At Century 21 we take the real estate business seriously & aim to provide our services at the highest level of professionalism. We look forward to working with you, please don’t hesitate to reach out anytime for more information on how to get started today.

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