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Featured local agent — Parkway, CA
Sarah Mitchell
Compass Real Estate · Parkway, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Parkway, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$418,000median sale price
How is the Parkway, CA housing market right now?
The median home sale price in Parkway, CA is $418,000, up 0.7% year-over-year. Homes sell in an average of 28 days with 16 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Parkway a buyer's or seller's market?
Parkway, CA is currently a seller's market, based on 1.2 months of supply and homes selling in about 28 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
28
Average pace
Active listings
16
1.2 months supply
Sale-to-list
96.3%
Below asking
What does the Parkway housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $418,000 |
| Median list price | $400,000 |
| Year-over-year price change | +0.7% |
| Average days on market | 28 days |
| Active inventory | 16 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 96.3% |
| Median price per sq ft | $303/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 14 |
| Listings with a price cut | 43.8% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Parkway by property type?
How the Parkway, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $418,000 | $304/sq ft | 11 | 21 days |
Source: Redfin · Updated monthly
The Parkway housing market is currently classified as a seller's market with a median sale price of $418,000. Prices have risen 0.7% compared to last year, with homes spending an average of 28 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Parkway
There are currently 16 homes listed for sale in Parkway, California. The median listing price is $400K.
Active listings
16
Homes on market
Median list price
$400K
Avg. days on market
28
Days until sale
New this week
14
Newly listed
Who lives in Parkway?
Population
15,880
Median income
$64,380/yr
Median age
32.6 years
Owner-occupied
47.8%
College grads
11.4%
Avg commute
27.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Parkway?
Parkway is a community of approximately 16K residents with a median age of 32.6 years.The median household income is $64,380, which represents a working-class community with solid middle-income opportunities. 11.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 47.8%, showing a blend of owner and renter-occupied properties. The average commute time is 27.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Parkway offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Parkway, CA?
Want a head-to-head view? Compare Parkway side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Parkway?
The median home sale price in Parkway is $418,000, up 0.7% from last year.
How long do homes stay on market in Parkway?
Homes typically spend 28 days on market before going under contract.
What is the median income in Parkway?
The median household income is $64,380 per year.
Is Parkway a buyer's or seller's market?
With 1.2 months of supply, Parkway is currently a seller's market.
How much does a single-family home cost in Parkway?
The median single-family home price in Parkway, CA is $418,000 (about $304 per square foot).
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