The Parkwood housing market is very competitive. The median sale price of a home in Parkwood was $295K last month, up 15.7% since last year. The median sale price per square foot in Parkwood is $192, down 12.9% since last year.
What is the housing market like in Parkwood today?
In March 2024, Parkwood home prices were up 15.7% compared to last year, selling for a median price of $295K. On average, homes in Parkwood sell after 53 days on the market compared to 44 days last year. There were 7 homes sold in March this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$295,000
+15.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Parkwood, IL
$295,000
+15.7%
United States
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How hot is the Parkwood housing market?
Parkwood is very competitive. Homes sell in 49 days.
0
100
70
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 2% above list price and go pending in around 49 days.
Hot homes
can sell for about 5% above list price and go pending in around 36 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 Parkwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Parkwood.
Risk Factor
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Parkwood has a minor risk of flooding. 83 properties in Parkwood are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Parkwood. Flood risk is increasing faster than the national average.