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Featured local agent — Parkwood, WA
Sarah Mitchell
Compass Real Estate · Parkwood, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Parkwood, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$507,812median sale price
How is the Parkwood, WA housing market right now?
The median home sale price in Parkwood, WA is $507,812, up 13.2% year-over-year. Homes sell in an average of 4 days with 14 active listings. The market is currently a strong 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 Parkwood a buyer's or seller's market?
Parkwood, WA is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 4 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
4
Fast-moving
Active listings
14
1.4 months supply
Sale-to-list
100.6%
Above asking
What does the Parkwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $507,812 |
| Median list price | $485,000 |
| Year-over-year price change | +13.2% |
| Average days on market | 4 days |
| Active inventory | 14 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $313/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 17 |
| Listings with a price cut | 42.9% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Parkwood by property type?
How the Parkwood, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $507,812 | $313/sq ft | 10 | 4 days |
Source: Redfin · Updated monthly
The Parkwood housing market is currently classified as a strong seller's market with a median sale price of $507,812. Prices have risen 13.2% compared to last year, with homes spending an average of 4 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Parkwood
There are currently 14 homes listed for sale in Parkwood, Washington. The median listing price is $485K.
Active listings
14
Homes on market
Median list price
$485K
Avg. days on market
4
Days until sale
New this week
17
Newly listed
Who lives in Parkwood?
Population
6,976
Median income
$92,188/yr
Median age
39.4 years
Owner-occupied
62.7%
College grads
18.4%
Avg commute
30 min
Source: U.S. Census Bureau ACS
What is it like to live in Parkwood?
Parkwood is a community of approximately 7K residents with a median age of 39.4 years.The median household income is $92,188, which reflects a relatively affluent area with strong earning potential. 18.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.7%, showing a blend of owner and renter-occupied properties. The average commute time is 30 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Parkwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Parkwood, WA?
Want a head-to-head view? Compare Parkwood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Parkwood?
The median home sale price in Parkwood is $507,812, up 13.2% from last year.
How long do homes stay on market in Parkwood?
Homes typically spend 4 days on market before going under contract.
What is the median income in Parkwood?
The median household income is $92,188 per year.
Is Parkwood a buyer's or seller's market?
With 1.4 months of supply, Parkwood is currently a strong seller's market.
How much does a single-family home cost in Parkwood?
The median single-family home price in Parkwood, WA is $507,812 (about $313 per square foot).
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