The median sale price of a home in Park Place was $320K last month, up 17.6% since last year. The median sale price per square foot in Park Place is $189, up 9.2% since last year.
What is the housing market like in Park Place today?
In March 2024, Park Place home prices were up 17.6% compared to last year, selling for a median price of $320K. On average, homes in Park Place sell after 76 days on the market compared to 23 days last year. There were 16 homes sold in March this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$320,000
+17.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Park Place, VA
$320,000
+17.6%
United States
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How hot is the Park Place 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)
98.9%
-3.0 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Park Place, VA
98.9%
-3.0 pt
United States
Home offer insights for Park Place
Explore recent offers and recently sold homes in Park Place
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.
Risk Factor
Flood Factor - Major
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Park Place has a major risk of flooding. 564 properties in Park Place are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Park Place. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Park Place has a minor risk of wildfire. There are 1 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 severe
risk of a severe wind event over the next 30 years
Wind Factor
Park Place has a Severe 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. 2,500 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 125 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 142 mph.