The Parkwood Hills housing market is very competitive. The median sale price of a home in Parkwood Hills was $400K last month, up 5.3% since last year. The median sale price per square foot in Parkwood Hills is $147, down 37.2% since last year.
What is the housing market like in Parkwood Hills today?
In October 2024, Parkwood Hills home prices were up 5.3% compared to last year, selling for a median price of $400K. On average, homes in Parkwood Hills sell after 50 days on the market compared to 22 days last year. There were 3 homes sold in October this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$400,000
+5.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Parkwood Hills, TX
$400,000
+5.3%
United States
To compare other locations to the Parkwood Hills and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Fort Worth add value to a home.
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How hot is the Parkwood Hills housing market?
Parkwood Hills is very competitive. Homes sell in 17 days.
0
100
80
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 17 days.
Hot homes
can sell for about 2% above list price and go pending in around 14 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.6%
-2.5 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Parkwood Hills, TX
98.6%
-2.5 pt
United States
Schools in Parkwood Hills
Learn about schools in the Parkwood Hills area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Parkwood Hills housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Parkwood Hills.
Flood Factor - Minimal
We’re working on getting current and accurate flood risk information
Flood Factor
Overall, Parkwood Hills has a minimal risk of flooding impacting the community over the next 30 years.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Parkwood Hills has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Parkwood Hills is most at risk from hurricanes. 616 properties in Parkwood Hills 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 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 79 mph.