Explore Penhold homes for sale in Central Alberta below. Find the newest listings and learn about this thriving town.

Penhold is 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

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20 Healey Street, Penhold

$489,900

↓ $10,000

20 Healey Street, Penhold

4 Beds 2 Baths 1,400 SqFt Residential MLS® # A1240369

CIR Realty

13 Heritage  Drive, Penhold

$434,900

13 Heritage Drive, Penhold

3 Beds 3 Baths 1,260 SqFt Residential MLS® # A2009950

RE/MAX ACA REALTY

113 Mann Drive, Penhold

$434,900

↓ $5,000

113 Mann Drive, Penhold

3 Beds 3 Baths 1,723 SqFt Residential MLS® # A1258240

RE/MAX real estate central alberta

30 Henderson Crescent, Penhold

$429,900

30 Henderson Crescent, Penhold

3 Beds 3 Baths 1,053 SqFt Residential MLS® # A1257652

Lime Green Realty Inc.

New
97 Mann Drive, Penhold

$428,000

97 Mann Drive, Penhold

4 Beds 3 Baths 1,348 SqFt Residential MLS® # A2011655

RE/MAX real estate central alberta - Sylvan Lake

100 Heartland Crescent, Penhold

$425,000

100 Heartland Crescent, Penhold

3 Beds 3 Baths 1,193 SqFt Residential MLS® # A2009181

Lime Green Realty Inc.

178 Norseman Close, Penhold

$404,900

178 Norseman Close, Penhold

3 Beds 2 Baths 1,289 SqFt Residential MLS® # A2012917

Concept Realty Group Inc.

182 Norseman Close, Penhold

$399,900

↓ $30,099

182 Norseman Close, Penhold

3 Beds 2 Baths 1,287 SqFt Residential MLS® # A1175745

RCR - Royal Carpet Realty Ltd.

116 Hampton Close, Penhold

$350,000

↓ $1,000

116 Hampton Close, Penhold

4 Beds 4 Baths 1,298 SqFt Residential MLS® # A1241025

RE/MAX real estate central alberta

27 Elreg Street, Penhold

$330,000

27 Elreg Street, Penhold

4 Beds 3 Baths 1,122 SqFt Residential MLS® # A2008679

CIR Realty

12 Maplewood Boulevard, Penhold

$329,900

12 Maplewood Boulevard, Penhold

3 Beds 3 Baths 1,320 SqFt Residential MLS® # A1256769

RE/MAX real estate central alberta - Innisfail

8 Henderson Crescent, Penhold

$324,900

↓ $5,000

8 Henderson Crescent, Penhold

4 Beds 3 Baths 1,180 SqFt Residential MLS® # A1240575

RE/MAX real estate central alberta

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
Homes for sale

Penhold

Right in the middle of the Calgary-Edmonton Corridor rests Penhold, just south of Red Deer. The town is sure to impress, with new community center & all the amenities needed to live comfortably along highway two.

Real Estate Statistics

Average Price $368K
Lowest Price $240K
Highest Price $490K
Total Listings 15
Avg. Days On Market 86
Avg. Price/SQFT $311

Property Types (active listings)

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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