Houses for sale in Penzance, Cornwall
House Prices in Penzance
Properties in Penzance have an average house price of £333k and had 1,907 Property Transactions within the last 3 years.¹
Penzance is an area in Cornwall with 18,237 households², where the most expensive property was sold for £2.25M.
Properties for sale in Penzance
2 Bedrooms
1 Bathroom
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Neighbourhoods in Penzance
Navigate through our locations to find the location of your next house in Penzance, Cornwall for sale or to rent.
- Breage, Germoe And Sithney
- Gulval And Heamoor
- Gwinear-gwithian And St Erth
- Ludgvan
- Marazion And Perranuthnoe
- Newlyn And Mousehole
- Penzance Central
- Penzance East
- Penzance Promenade
- St Buryan
- St Ives West
- St Just In Penwith
- Mousehole, Newlyn & St Buryan
- Land's End
- Long Rock, Marazion & St Erth
- Ludgvan, Madron, Gulval & Heamoor
- Porthleven, Breage & Germoe
Property price trends in Penzance
According to the latest Land Registry data, the average home in Penzance sold for £319,346 in 2026. That figure comes from a substantial record of 21,976 sales logged over the past 31 years.
Prices have softened over the last three years. Compared with 2023, when the typical sale came in around £332,677, that's a fall of roughly 4%.
Looking back five years, average prices are down about 2.6% since 2021, a drop of around £8,395 in cash terms.
Zoom out to the past decade for the fuller picture. Back in 2016, homes here averaged £232,662, so the typical sold price has climbed about 37.3% since then, roughly 3.2% a year. Stretch the view to fifteen years and that annual pace eases back to about 2.8%.
Frequently asked questions about Penzance
What is the average price for a property for sale in Penzance?
The average price for a property for sale in Penzance is £332,763. This amount is 3% lower than the average price in Cornwall. There are 6,011 property listings for sale in Penzance.
What locations have the most expensive properties for sale in Penzance?
The locations with the most expensive properties for sale in Penzance are St Buryan at an average of £466,739, Breage, Germoe And Sithney at an average of £446,838 and St Ives West at an average of £401,357.
What locations have the most affordable properties for sale in Penzance?
The locations with the most affordable properties for sale in Penzance are Penzance East at an average of £258,619, Penzance Central at an average of £263,218 and Gulval And Heamoor at an average of £272,626.
Which train stations are available in or near Penzance?
Some of the train stations available in or near Penzance are Penzance, St.Erth and Lelant Saltings.
Property Price Paid in Penzance by Year
The average sold property price by year was:
| Year | Average Sold Price | Price Change |
Sold Properties
|
|---|---|---|---|
| 2026 | £319,346 | 
1% |
225 Properties |
| 2025 | £315,844 | 
-12% |
563 Properties |
| 2024 | £354,432 |
6% |
581 Properties |
| 2023 | £332,677 |
-2% |
538 Properties |
| 2022 | £339,520 |
3% |
612 Properties |
| 2021 | £327,741 |
15% |
899 Properties |
| 2020 | £279,740 |
7% |
593 Properties |
| 2019 | £260,855 |
-1% |
704 Properties |
| 2018 | £263,827 |
5% |
647 Properties |
| 2017 | £251,492 |
7% |
764 Properties |
Property Price per Property Type in Penzance
Here you can find historic sold price data in order to help with your property search.
The average Property Paid Price for specific property types in the last three years are:
| Property Type | Average Sold Price | Sold Properties |
|---|---|---|
| Detached House | £505,763.00 | 509 Detached Houses |
| Flat | £190,302.00 | 259 Flats |
| Semi Detached House | £320,647.00 | 318 Semi Detached Houses |
| Terraced House | £275,141.00 | 821 Terraced Houses |
Transport in Penzance
Please see below transportation links in this area:
