The Parkwood housing market is very competitive. The median sale price of a home in Parkwood was $299K last month, down 10.7% since last year. The median sale price per square foot in Parkwood is $212, down 9.19% since last year.
What is the housing market like in Parkwood today?
In October 2024, Parkwood home prices were down 10.7% compared to last year, selling for a median price of $299K. On average, homes in Parkwood sell after 42 days on the market compared to 63 days last year. There were 7 homes sold in October this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$299,000
-10.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Parkwood, IL
$299,000
-10.7%
United States
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How hot is the Parkwood housing market?
Parkwood is very competitive. Homes sell in 41 days.
0
100
71
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 9 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 41 days.
Hot homes
can sell for about 3% above list price and go pending in around 33 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.
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. 82 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.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Parkwood has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Parkwood is most at risk from hurricanes. 1,070 properties in Parkwood have some risk of being in a severe wind event within the next 30 years.