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Featured local agent — Parkland, FL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Parkland, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Parkland, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Parkland, FL Housing Market & Real Estate

Leaning buyer's+13.5% YoY

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?

Leaning buyer's4.4 months of supply72 avg. days on 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?

Current housing market statistics for Parkland, FL
MetricValue
Median sale price$1.20M
Median list price$1.40M
Year-over-year price change+13.5%
Average days on market72 days
Active inventory222 listings
Months of supply4.4 months
Sale-to-list price ratio97.0%
Median price per sq ft$365/sq ft
Homes sold (latest month)50
New listings (latest month)73
Listings with a price cut24.3%
Market conditionLeaning 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.

Median price, price per square foot, homes sold and days on market by property type in Parkland, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.25M$373/sq ft4770 days
Condo / Co-op$470,000$267/sq ft149 days
Townhouse$495,000$272/sq ft2144 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

Price drops:24.3%of listings
Sale-to-list:97.0%

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

Public

RIVERGLADES ELEMENTARY SCHOOL

Grades PK-5 · 1,065 students

Public

HERON HEIGHTS ELEMENTARY SCHOOL

Grades PK-5 · 1,059 students

Public

PARK TRAILS ELEMENTARY SCHOOL

Grades PK-5 · 1,025 students

Public

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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