The median sale price of a home in Parkway Villages was $603K last month, up 14.8% since last year. The median sale price per square foot in Parkway Villages is $238, up 40.8% since last year.
What is the housing market like in Parkway Villages today?
In March 2024, Parkway Villages home prices were up 14.8% compared to last year, selling for a median price of $603K. On average, homes in Parkway Villages sell after 20 days on the market compared to 86 days last year. There were 4 homes sold in March this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$602,500
+14.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Parkway Villages, TX
$602,500
+14.8%
United States
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How hot is the Parkway Villages housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
102.6%
+5.5 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Parkway Villages, TX
102.6%
+5.5 pt
United States
Home offer insights for Parkway Villages
Explore recent offers and recently sold homes in Parkway Villages
Recent offers
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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 Villages housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Parkway Villages.
Risk Factor
Flood Factor - Major
55% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Parkway Villages has a major risk of flooding. 112 properties in Parkway Villages are likely to be
severely affected
by flooding over the next 30 years. This represents 55% of all properties in Parkway Villages. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Parkway Villages has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Parkway Villages is most at risk from hurricanes. 593 properties in Parkway Villages 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 136 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 147 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Parkway Villages has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Parkway Villages have an Extreme Heat Factor®.
Parkway Villages is expected to see a 214% increase in the number of days over 111ºF over the next 30 years. Parkway Villages is expected to experience 5