The median sale price of a home in Parkwood was $462K last month, up 10.7% since last year. The median sale price per square foot in Parkwood is $220, down 7.4% since last year.
What is the housing market like in Parkwood today?
In March 2024, Parkwood home prices were up 10.7% compared to last year, selling for a median price of $462K. On average, homes in Parkwood sell after 12 days on the market compared to 15 days last year. There were 5 homes sold in March this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$462,000
+10.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Parkwood, FL
$462,000
+10.7%
United States
To compare other locations to the Parkwood and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Niceville add value to a home.
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How hot is the Parkwood 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)
99.6%
+1.1 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Parkwood, FL
99.6%
+1.1 pt
United States
Home offer insights for Parkwood
Explore recent offers and recently sold homes in Parkwood
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.
Risk Factor
Flood Factor - Major
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Parkwood has a major risk of flooding. 76 properties in Parkwood are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Parkwood. Flood risk is increasing faster than the national average.
56% of properties are at risk of wildfire over the next 30 years
Fire Factor
Parkwood has a moderate risk of wildfire. There are 285 properties in Parkwood that have some risk of being affected by wildfire over the next 30 years. This represents 56% of all properties in Parkwood.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Parkwood has an Extreme 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. 504 properties in Parkwood 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 141 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 146 mph.