The Parkway Village housing market is somewhat competitive. The median sale price of a home in Parkway Village was $126K last month, down 3.1% since last year. The median sale price per square foot in Parkway Village is $94, up 1.1% since last year.
What is the housing market like in Parkway Village today?
In February 2025, Parkway Village home prices were down 3.1% compared to last year, selling for a median price of $126K. On average, homes in Parkway Village sell after 28 days on the market compared to 51 days last year. There were 73 homes sold in February this year, down from 111 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$126,000
-3.1% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Parkway Village, TN
$126,000
-3.1%
United States
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How hot is the Parkway Village housing market?
Parkway Village is somewhat competitive. Homes sell in 20 days.
0
100
67
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 20 days.
Hot homes
can sell for around list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Parkway Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Parkway Village.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Parkway Village has a minor risk of flooding. 971 properties in Parkway Village are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Parkway Village. Flood risk is increasing slower than the national average.
13% of properties are at risk of wildfire over the next 30 years
Fire Factor
Parkway Village has a moderate risk of wildfire. There are 2,406 properties in Parkway Village that have some risk of being affected by wildfire over the next 30 years. This represents 13% of all properties in Parkway Village.
99% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Parkway Village has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Parkway Village is most at risk from hurricanes. 17,735 properties in Parkway Village have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 82 mph.
60% of properties are at major
risk of heat over the next 30 years
Heat Factor
Parkway Village has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 60% of homes in Parkway Village have a Major Heat Factor®.
Parkway Village is expected to see a 200% increase in the number of days over 109ºF over the next 30 years. Parkway Village is expected to experience 7