The Park Place housing market is somewhat competitive. The median sale price of a home in Park Place was $220K last month, up 24.7% since last year. The median sale price per square foot in Park Place is $131, down 6.4% since last year.
What is the housing market like in Park Place today?
In September 2024, Park Place home prices were up 24.7% compared to last year, selling for a median price of $220K. On average, homes in Park Place sell after 33 days on the market compared to 86 days last year. There were 6 homes sold in September this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$219,500
+24.7% YoY | Sep 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2024
Growth
% YoY
Park Place, TX
$219,500
+24.7%
United States
To compare other locations to the Park Place and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Houston add value to a home.
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How hot is the Park Place housing market?
Park Place is somewhat competitive. Homes sell in 13 days.
0
100
49
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 12 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 13 days.
Hot homes
can sell for around list price and go pending in around 7 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2024
Growth
% YoY
Park Place, TX
96.1%
+3.4 pt
United States
Schools in Park Place
Learn about schools in the Park Place area
Elementary
Middle
High
GreatSchools Rating
6/10
Park Place Elementary School
Public • PreK-5
840
Students
13 reviews
6/10
Sanchez Elementary School
Public • PreK-5
548
Students
5 reviews
6/10
Crespo Elementary School
Public • PreK-5
637
Students
5 reviews
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 Park Place housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Park Place.
Flood Factor - Minor
38% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Park Place has a minor risk of flooding. 82 properties in Park Place are likely to be
severely affected
by flooding over the next 30 years. This represents 38% of all properties in Park Place. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Park Place has a moderate risk of wildfire. There are 2 properties in Park Place that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Park Place.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Park Place has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Park Place is most at risk from hurricanes. 1,537 properties in Park Place 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 145 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 154 mph.