The Parkwood Estates housing market is very competitive. The median sale price of a home in Parkwood Estates was $312K last month, down 19.0% since last year. The median sale price per square foot in Parkwood Estates is $257, up 7.1% since last year.
What is the housing market like in Parkwood Estates today?
In October 2024, Parkwood Estates home prices were down 19.0% compared to last year, selling for a median price of $312K. On average, homes in Parkwood Estates sell after 29 days on the market compared to 71 days last year. There were 3 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)
$312,000
-19.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Parkwood Estates, TN
$312,000
-19.0%
United States
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How hot is the Parkwood Estates housing market?
Parkwood Estates is very competitive. Homes sell in 24 days.
0
100
70
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 7 days.
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 Estates housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Parkwood Estates.
Flood Factor - Minor
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Parkwood Estates has a minor risk of flooding. 156 properties in Parkwood Estates are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Parkwood Estates. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Parkwood Estates has a moderate risk of wildfire. There are 4 properties in Parkwood Estates that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Parkwood Estates.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Parkwood Estates has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Parkwood Estates is most at risk from hurricanes. 875 properties in Parkwood Estates 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 60 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 70 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Parkwood Estates has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Parkwood Estates have a Major Heat Factor®.
Parkwood Estates is expected to see a 185% increase in the number of days over 106ºF over the next 30 years. Parkwood Estates is expected to experience 6