The Parkway Village housing market is very competitive. The median sale price of a home in Parkway Village was $333K last month, up 10.8% since last year. The median sale price per square foot in Parkway Village is $236, down 8.0% since last year.
What is the housing market like in Parkway Village today?
In October 2024, Parkway Village home prices were up 10.8% compared to last year, selling for a median price of $333K. On average, homes in Parkway Village sell after 33 days on the market compared to 49 days last year. There were 14 homes sold in October this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$332,500
+10.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Parkway Village, NJ
$332,500
+10.8%
United States
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How hot is the Parkway Village housing market?
Parkway Village is very competitive. Homes sell in 31 days.
0
100
79
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% above list price and go pending in around 31 days.
Hot homes
can sell for about 7% above list price and go pending in around 17 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.3%
-4.0 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
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 Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Parkway Village.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Parkway Village has a minor risk of flooding. 85 properties in Parkway Village are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Parkway Village. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Parkway Village has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Parkway Village is most at risk from hurricanes. 1,008 properties in Parkway Village 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 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.
98% of properties are at major
risk of heat over the next 30 years
Heat Factor
Parkway Village has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Parkway Village have a Major Heat Factor®.
Parkway Village is expected to see a 114% increase in the number of days over 102ºF over the next 30 years. Parkway Village is expected to experience 7