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Homes & Real Estate - Penrith, Durham, NC

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Current Real Estate Statistics for Homes in Durham, NC (Community: Penrith)

4
Homes Listed
17
Avg. Days on Site
$263
Avg. $ / Sq.Ft.
$396,475
Med. List Price

Penrith Homes for Sale in Durham, NC

Welcome to Penrith, a charming and established neighborhood in Durham, North Carolina. Whether you’re looking to buy a home, explore homes for sale, or sell your property, Penrith offers an exceptional mix of natural beauty, community spirit, and convenience. As trusted Durham realtors with Raleigh Realty, we’re here to help you make the most informed decision when it comes to your next move in the Durham real estate market.

If you’re ready to explore available homes for sale in Durham, visit our Durham real estate page for up-to-date listings, local insights, and market information.


Discover the Penrith Neighborhood

Tucked away in southwest Durham, Penrith is a peaceful, wooded community that captures the essence of North Carolina living. Known for its spacious lots, mature trees, and natural surroundings, Penrith offers residents a rare combination of tranquility and accessibility.

Developed primarily in the 1980s and 1990s, the neighborhood features a variety of home styles, from classic ranches and two-story traditional designs to custom-built residences. With wide, tree-lined streets and well-maintained yards, Penrith exudes timeless charm while remaining just minutes from all the conveniences of city life.

Why residents love Penrith:

  • Mature trees and large, private lots

  • Peaceful suburban atmosphere close to urban amenities

  • Proximity to Research Triangle Park (RTP), Downtown Durham, and Southpoint Mall

  • Access to top-rated schools and parks

  • Active, friendly community with neighborhood pride

If you’re looking for a place that feels like home from the moment you arrive, Penrith should be at the top of your list.


Homes and Real Estate in Penrith

The Penrith real estate market offers a mix of spacious single-family homes with distinctive character and craftsmanship. Many homes sit on wooded lots ranging from half an acre to over an acre, offering privacy and a peaceful setting rarely found in newer developments.

Common features of Penrith homes include:

  • 3–5 bedrooms and 2–4 bathrooms

  • Generous floor plans averaging 2,000–3,500 square feet

  • Brick or wood exteriors with classic architectural details

  • Large decks and patios for outdoor living

  • Fireplaces and hardwood flooring

  • Mature landscaping and shaded backyards

Home prices in Penrith typically range from the mid-$500s to upper $700s, depending on size, updates, and location within the neighborhood.

If you’re planning to buy a home in Penrith, our team at Raleigh Realty can help you stay informed about new listings as soon as they become available. Call or text 919-249-8536, or connect with us through our contact page to schedule a showing with an experienced Durham realtor today.


Prime Location in Southwest Durham

One of the many reasons homebuyers choose Penrith is its exceptional location. Nestled off NC-54 and close to Interstate 40, the neighborhood offers easy access to major employment centers, shopping, and recreation—all while maintaining a peaceful, suburban feel.

Nearby destinations include:

  • Research Triangle Park (RTP) – 10 minutes

  • Downtown Durham – 15 minutes

  • The Streets at Southpoint Mall – 10 minutes

  • Duke University & Duke Hospital – 15 minutes

  • UNC-Chapel Hill – 20 minutes

  • Raleigh-Durham International Airport (RDU) – 20 minutes

This ideal location makes Penrith a favorite among professionals, families, and retirees seeking convenience without sacrificing quality of life.


Lifestyle and Community Amenities

Living in Penrith means embracing a relaxed, neighborly lifestyle surrounded by nature. The community offers quiet streets for walking and biking, beautiful mature trees, and a true sense of belonging.

Residents enjoy easy access to parks, trails, and recreational facilities, including:

  • Piney Wood Park – tennis courts, dog park, and sports fields

  • American Tobacco Trail – miles of scenic walking and biking paths

  • Herndon Park – playgrounds, fields, and picnic areas

Nearby, residents can also enjoy the shopping and dining options at Southpoint Mall or visit Durham’s downtown restaurants and entertainment venues. With everything just minutes away, Penrith offers the perfect blend of peaceful living and convenience.


Schools Near Penrith

Families considering homes for sale in Penrith will find access to excellent Durham County schools, as well as a number of respected private and charter options.

Public schools serving the area include:

  • Creekside Elementary School

  • Githens Middle School

  • Jordan High School

For families seeking alternative education options, nearby private and charter schools include:

  • Durham Academy

  • Trinity School of Durham and Chapel Hill

  • Voyager Academy

Additionally, Duke University, North Carolina Central University, and UNC-Chapel Hill are within a short drive—making Penrith an ideal neighborhood for both families and academics alike.


Buying a Home in Penrith

If you’re ready to buy a home in Penrith, you’ll benefit from working with a local Durham realtor who understands the nuances of the area. The neighborhood’s homes often attract multiple offers due to their desirable location and established charm, so having an experienced advocate on your side is essential.

At Raleigh Realty, we help buyers navigate the entire process—from identifying the right property to closing with confidence.

Our buyer services include:

  • Access to new listings before they hit the market

  • Neighborhood and market insights from local experts

  • Skilled negotiation to secure the best deal

  • Recommendations for trusted lenders, inspectors, and attorneys

  • Comprehensive support from start to finish

Begin your search today by visiting our Durham homes for sale page or calling 919-249-8536 to connect with a local agent.


Selling Your Home in Penrith

If you’re thinking about selling your home in Penrith, now is a great time. The Durham real estate market continues to experience strong demand, especially for established neighborhoods with character and space.

Our Raleigh Realty team combines local expertise, modern marketing tools, and data-driven strategies to help your home stand out and sell for top value.

Our seller services include:

  • Free professional home valuation and pricing strategy

  • Expert staging and photography guidance

  • Targeted digital and MLS marketing

  • Exposure on top real estate websites and social media

  • Expert negotiation and transaction management

We make the selling process as smooth and profitable as possible. Contact us today through our contact page or call 919-249-8536 to schedule your free home valuation consultation.


Penrith Real Estate Market Trends

The Penrith real estate market remains competitive, with homes selling quickly and maintaining strong resale values. The neighborhood’s proximity to RTP, schools, and parks continues to make it a popular choice for both buyers and investors.

Market highlights:

  • Median home price: $550,000–$700,000

  • Average days on market: under 20 days

  • Continued appreciation over the last several years

  • High demand for updated, move-in-ready homes

With consistent growth and a strong community reputation, Penrith remains one of Durham’s most desirable neighborhoods to buy a home or sell your home in.


Why Work with Raleigh Realty?

At Raleigh Realty, we’re more than just agents — we’re your dedicated partners in real estate. Our team of experienced Durham realtors understands the local market inside and out and is committed to helping you achieve your goals, whether you’re buying or selling.

What sets us apart:

  • In-depth local market knowledge

  • Transparent, client-first approach

  • Proven marketing strategies and negotiation expertise

  • Personalized guidance from start to finish

When you work with us, you gain a trusted partner who will ensure every detail of your real estate experience is handled with care and professionalism.


Ready to Make Your Move?

If you’re ready to explore homes for sale in Penrith or thinking about selling your home, the team at Raleigh Realty is here to help. With years of experience and deep local expertise, we’ll make your buying or selling journey simple, strategic, and successful.

Call or text 919-249-8536, or visit our contact page to connect with a local Durham realtor today.

Your next chapter starts right here — in Penrith, Durham NC, with Raleigh Realty by your side.

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