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Featured local agent — Parkland, FL
Sarah Mitchell
Compass Real Estate · Parkland, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Parkland, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.20Mmedian sale price
How is the Parkland, FL housing market right now?
The median home sale price in Parkland, FL is $1.20M, up 13.5% year-over-year. Homes sell in an average of 72 days with 222 active listings. The market is currently a leaning buyer's. (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 Parkland a buyer's or seller's market?
Parkland, FL is currently a leaning buyer's, based on 4.4 months of supply and homes selling in about 72 days. How we determine this →
Homes sold
50
Last 12 weeks
Days on market
72
Average pace
Active listings
222
4.4 months supply
Sale-to-list
97.0%
Below asking
What does the Parkland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.20M |
| Median list price | $1.40M |
| Year-over-year price change | +13.5% |
| Average days on market | 72 days |
| Active inventory | 222 listings |
| Months of supply | 4.4 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $365/sq ft |
| Homes sold (latest month) | 50 |
| New listings (latest month) | 73 |
| Listings with a price cut | 24.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Parkland by property type?
How the Parkland, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.25M | $373/sq ft | 47 | 70 days |
| Condo / Co-op | $470,000 | $267/sq ft | 1 | 49 days |
| Townhouse | $495,000 | $272/sq ft | 2 | 144 days |
Source: Redfin · Updated monthly
The Parkland housing market is currently classified as a leaning buyer's with a median sale price of $1.20M. Prices have risen 13.5% compared to last year, with homes spending an average of 72 days on market, indicating 4.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Parkland
There are currently 222 homes listed for sale in Parkland, Florida. The median listing price is $1.4M.
Active listings
222
Homes on market
Median list price
$1.4M
Avg. days on market
72
Days until sale
New this week
73
Newly listed
Who lives in Parkland?
Population
35,799
Median income
$200,156/yr
Median age
38.7 years
Owner-occupied
85.9%
College grads
67.1%
Avg commute
31.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Parkland?
Zillow home value
$1.06M
Zillow rent index
$5,495/mo
Price-to-rent ratio
16.1x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Parkland?
Parkland is a community of approximately 36K residents with a median age of 38.7 years.The median household income is $200,156, which reflects a relatively affluent area with strong earning potential. 67.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 85.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Parkland offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Parkland?
4 schools tracked · 6,429 students
The largest public schools serving Parkland, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MARJORY STONEMAN DOUGLAS HIGH SCHOOL
Grades 9-12 · 3,280 students
RIVERGLADES ELEMENTARY SCHOOL
Grades PK-5 · 1,065 students
HERON HEIGHTS ELEMENTARY SCHOOL
Grades PK-5 · 1,059 students
PARK TRAILS ELEMENTARY SCHOOL
Grades PK-5 · 1,025 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Parkland, FL?
Want a head-to-head view? Compare Parkland side-by-side with any other U.S. city using our market-comparison tool.
Is Parkland a good real estate investment market?
For investors evaluating Parkland, the price-to-rent ratio of 16.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 13.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Parkland's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Parkland's median home price.
Frequently asked questions
What is the average home price in Parkland?
The median home sale price in Parkland is $1.20M, up 13.5% from last year.
How long do homes stay on market in Parkland?
Homes typically spend 72 days on market before going under contract.
What is the median income in Parkland?
The median household income is $200,156 per year.
Is Parkland a buyer's or seller's market?
With 4.4 months of supply, Parkland is currently a leaning buyer's.
What is the Zillow home value estimate for Parkland?
The Zillow Home Value Index (ZHVI) for Parkland is $1.06M, representing the typical home value in the area.
What is the median condo price in Parkland?
The median condo/co-op sale price in Parkland, FL is $470,000, compared to $1.25M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Parkland?
The median single-family home price in Parkland, FL is $1.25M (about $373 per square foot).
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