The Parkwood-Union Hill housing market is somewhat competitive. The median sale price of a home in Parkwood-Union Hill was $412K last month, up 14.4% since last year. The median sale price per square foot in Parkwood-Union Hill is $234, down 6.4% since last year.
What is the housing market like in Parkwood-Union Hill today?
In March 2024, Parkwood-Union Hill home prices were up 14.4% compared to last year, selling for a median price of $412K. On average, homes in Parkwood-Union Hill sell after 62 days on the market compared to 48 days last year. There were 105 homes sold in March this year, up from 90 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$412,000
+14.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Parkwood-Union Hill, TN
$412,000
+14.4%
United States
To compare other locations to the Parkwood-Union Hill and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Nashville add value to a home.
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How hot is the Parkwood-Union Hill housing market?
Parkwood-Union Hill is somewhat competitive. Homes sell in 61 days.
0
100
45
Somewhat 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 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 61 days.
Hot homes
can sell for around list price and go pending in around 26 days.
Learn about schools in the Parkwood-Union Hill area
Elementary
Middle
High
GreatSchools Rating
6/10
Old Center Elementary
Public • PreK-4
356
Students
2 reviews
4/10
Watauga Elementary School
Public • K-5
380
Students
9 reviews
4/10
Chadwell Elementary School
Public • PreK-4
337
Students
5 reviews
3/10
Bellshire Elementary Design Center
Public • PreK-4
360
Students
2 reviews
NR
Gra-Mar Middle School
Public • 5-8
328
Students
20 reviews
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-Union Hill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Parkwood-Union Hill.
Risk Factor
Flood Factor - Major
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Parkwood-Union Hill has a major risk of flooding. 1,238 properties in Parkwood-Union Hill are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in Parkwood-Union Hill. Flood risk is increasing slower than the national average.
67% of properties are at risk of wildfire over the next 30 years
Fire Factor
Parkwood-Union Hill has a moderate risk of wildfire. There are 5,401 properties in Parkwood-Union Hill that have some risk of being affected by wildfire over the next 30 years. This represents 67% of all properties in Parkwood-Union Hill.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Parkwood-Union Hill has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Parkwood-Union Hill is most at risk from hurricanes. 8,013 properties in Parkwood-Union Hill 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 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 73 mph.
94% of properties are at major
risk of heat over the next 30 years
Heat Factor
Parkwood-Union Hill has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 94% of homes in Parkwood-Union Hill have a Major Heat Factor®.
Parkwood-Union Hill is expected to see a 185% increase in the number of days over 106ºF over the next 30 years. Parkwood-Union Hill is expected to experience 6