Houses for sale in Penzance, Cornwall
There are 127 results for Penzance, Cornwall. Property prices in Penzance range from £96k to £659k with an average price of £275k.
Properties for sale in Penzance, Cornwall
2 Bedrooms
1 Bathroom
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Property market in Penzance
What's for sale
140 homes · share, count and typical priceHow many bedrooms
share, count and typical pricePrice bands
140 homesHouses and flats compared
| Houses | Flats | |
|---|---|---|
| Share of homes for sale | 64% | 30% |
| Typical asking price | £285k | £148k |
| Average bedrooms | 3.0 | 1.6 |
| Typical time to sell | 5 months | 5 months |
| Typical sold price | £274k | £168k |
Asking prices over time
typical asking price of the homes first listed each quarter · −8.0% since 2024 Q4Prices in and around Penzance
typical asking price, cheapest firstGetting to know Penzance
stations in PenzanceSchools in Penzance
5 primary · 2 secondary · 100% rated good or outstanding- Mounts Bay Academy secondary · Good
- Humphry Davy School secondary · Good
- Heamoor Community Primary School primary · Good
- St Mary's Catholic School, Penzance primary · Good
- St Mary's CofE Primary School, Penzance primary · Good
- Alverton Primary School primary · Not yet rated
Based on 140 homes for sale on Houses now, 407 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.
Frequently asked questions about buying in Penzance
What is the average house price in Penzance?
The average home for sale in Penzance is priced at £276,000. A few very expensive homes pull that average up, so a more typical price is £253,000. This is based on the 140 homes for sale on Houses right now.
How much does a 2 or 3 bedroom home cost in Penzance?
A typical 2-bedroom home in Penzance costs £220,000 and a 3-bedroom home £300,000. So the extra bedroom adds about £80,000. 1-bedroom homes start at around £125,000, and 4-bedroom homes are about £437,000.
What price range should I expect in Penzance?
Most homes in Penzance are priced between £100,000 and £640,000, leaving out the very cheapest and most expensive. One in five costs less than £140,000, and one in five £380,000 or more.
How many homes are for sale in Penzance?
There are 127 homes for sale in Penzance on Houses right now. 34 new listings came onto the market in the last 30 days.
Are house prices going up in Penzance?
No, they are falling. Homes put up for sale in Penzance over the last 12 months were advertised at a typical £230,000, 12% lower than the year before (£260,000). By size, 2-bedroom homes are down 10% and 4-bedroom homes are down 14%.
How long does it take to sell a home in Penzance?
Homes usually sell or come off the market within about 4 months. About 16% go within the first month, and a quarter take longer than about 9 months.
What do homes actually sell for in Penzance?
In the year to July 2026, 159 homes sold in Penzance at a typical price of £260,000, according to HM Land Registry. Houses sold for about £274,000 and flats for about £168,000.
What rental yield can I get in Penzance?
Around 4.2% gross. That compares a typical rent of £900 a month with a typical sold price of £260,000. Running costs, voids and mortgage interest are not taken off.
What type of homes are for sale in Penzance?
Terraced houses are the most common, about a third of homes for sale in Penzance. Flats and apartments come next, followed by bungalows. Flats and apartments are the cheapest, at about £148,000, and detached houses the most expensive, at about £465,000.
Where are the cheapest places to buy near Penzance?
Of the areas around Penzance, Heamoor is the cheapest, with a typical asking price of £270,000, followed by Newlyn (£270,000). Penzance itself is £253,000.
Are homes in Penzance freehold or leasehold?
About three quarters of homes for sale in Penzance are freehold and the rest leasehold, which is mostly flats.
What are the schools like in Penzance?
There are 5 primary and 2 secondary schools in Penzance. 100% of those inspected by Ofsted were rated good or outstanding.
Which train stations are in or near Penzance?
Stations in Penzance include Penzance.