What is the housing market like in Parkway-Cherry Point today?
In October 2024, Parkway-Cherry Point home prices were up 32.8% compared to last year, selling for a median price of $120K. On average, homes in Parkway-Cherry Point sell after 69 days on the market compared to 28 days last year. There were 6 homes sold in October this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$119,500
+32.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Parkway-Cherry Point, TX
$119,500
+32.8%
United States
To compare other locations to the Parkway-Cherry Point and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lubbock add value to a home.
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How hot is the Parkway-Cherry Point housing market?
Learn what it takes to have a winning offer
All Home Types
Homes Sold Above List PriceAll Home Types
Homes Sold Above List Price
(All Home Types)
0.0%
0.0 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Parkway-Cherry Point, TX
0.0%
0.0 pt
United States
View houses in Parkway-Cherry Point that sold recently
Learn about schools in the Parkway-Cherry Point area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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-Cherry Point housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Parkway-Cherry Point.
Flood Factor - Minor
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Parkway-Cherry Point has a minor risk of flooding. 12 properties in Parkway-Cherry Point are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Parkway-Cherry Point. Flood risk is increasing faster than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Parkway-Cherry Point has a major risk of wildfire. There are 2,841 properties in Parkway-Cherry Point that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Parkway-Cherry Point.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Parkway-Cherry Point has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Parkway-Cherry Point is most at risk from hurricanes. 2,841 properties in Parkway-Cherry Point 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 54 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 54 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
Parkway-Cherry Point has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Parkway-Cherry Point have a Major Heat Factor®.
Parkway-Cherry Point is expected to see a 200% increase in the number of days over 100ºF over the next 30 years. Parkway-Cherry Point is expected to experience 7