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

Click the links below to sort results by price range.
All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$600,000 - $700,000 $900,000 - $1,000,000
Sort by:
36245 Range Road 282, Penhold

$949,900

↓ $200,100

36245 Range Road 282, Penhold

1 Bed 1 Bath 700 SqFt Residential MLS® # A1077605

CIR Realty

15 Henderson Close, Penhold

$615,000

15 Henderson Close, Penhold

4 Beds 5 Baths 1,625 SqFt Residential MLS® # A1115205

RE/MAX real estate central alberta - Innisfail

24 Heartland  Crescent, Penhold

$480,000

24 Heartland Crescent, Penhold

5 Beds 4 Baths 1,686 SqFt Residential MLS® # A1070111

Century 21 Advantage

41 Heritage Drive, Penhold

$420,000

41 Heritage Drive, Penhold

5 Beds 3 Baths 1,507 SqFt Residential MLS® # A1116641

Coldwell Banker Ontrack Realty

5 Heritage Drive, Penhold

$389,900

5 Heritage Drive, Penhold

3 Beds 3 Baths 1,255 SqFt Residential MLS® # A1115082

CIR REALTY

652 Robinson Avenue, Penhold

$384,900

652 Robinson Avenue, Penhold

4 Beds 3 Baths 1,033 SqFt Residential MLS® # A1084786

RE/MAX real estate central alberta - Innisfail

48 Henderson Crescent, Penhold

$374,900

↓ $5,000

48 Henderson Crescent, Penhold

3 Beds 3 Baths 1,770 SqFt Residential MLS® # A1082988

Royal Lepage Network Realty Corp.

632 Robinson Avenue, Penhold

$369,900

↓ $5,000

632 Robinson Avenue, Penhold

4 Beds 3 Baths 1,236 SqFt Residential MLS® # A1084050

Coldwell Banker Ontrack Realty

New
36 Oxford Boulevard, Penhold

$349,900

36 Oxford Boulevard, Penhold

3 Beds 3 Baths 1,547 SqFt Residential MLS® # A1118420

RCR - Royal Carpet Realty Ltd.

65 Mann Drive, Penhold

$334,900

65 Mann Drive, Penhold

4 Beds 3 Baths 1,141 SqFt Residential MLS® # A1095974

Royal Lepage Network Realty Corp.

17 Mann Drive, Penhold

$324,900

↓ $5,000

17 Mann Drive, Penhold

4 Beds 3 Baths 1,057 SqFt Residential MLS® # A1090977

RE/MAX real estate central alberta - Innisfail

New
62 Mcdougall Close, Penhold

$319,900

62 Mcdougall Close, Penhold

3 Beds 2 Baths 898 SqFt Residential MLS® # A1119529

Royal Lepage Network Realty Corp.

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 $308K
Lowest Price $59.9K
Highest Price $950K
Total Listings 42
Avg. Days On Market 65
Avg. Price/SQFT $294

Property Types (active listings)

Jay McDouall

Contact us today

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.

Get in touch

Back to top

Start searching for your dream home now.

When it comes to convenience, our site is unparalleled. Whether you're in the comfort of your home, or on the go.
Our site works flawlessly on multiple devices so you can find the information you need.

Start Search