Why Live in The Parkway
The Parkway neighborhood in Folsom, established in 1996, is a master-planned community known for its well-maintained yards, winding trails, and green spaces. The contemporary homes, built in the late 1990s and early 2000s, feature Mediterranean-inspired stucco exteriors and tile roofs, ranging from 1,800 to 3,500 square feet. The active Homeowner's Association ensures the community remains pristine, though it requires adherence to strict rules regarding landscaping and exterior appearances. The neighborhood is part of the Folsom-Cordova Unified School District, with highly rated schools such as Oak Chan Elementary, Folsom Middle School, and Vista Del Lago High School, which are among the top in Sacramento County. The Parkway's extensive trail network connects several local parks, including Econome Family Park and Castle Park, providing ample opportunities for outdoor activities. Residents enjoy proximity to shopping centers like Folsom Square, just 2 miles away, and a Raley's less than a mile from some homes. The area is also close to various dining options and recreational sites like the Folsom City Zoo Sanctuary. While Sacramento is about 25 miles away, the commute can take up to an hour during peak traffic times. The Gold Line light rail offers an alternative, with the nearest stop 4 miles away in the Folsom Historic District. The Parkway's safety is comparable to the national average, making it a practical choice for families. However, potential buyers should be aware of the additional Mello-Roos fees that contribute to property taxes for funding public works and services.
Frequently Asked Questions
Is The Parkway a good place to live?
The Parkway is a good place to live. The Parkway is considered very car-dependent and bikeable. The Parkway is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. The Parkway has 7 parks for recreational activities. It is somewhat dense in population with 8.1 people per acre and a median age of 42. The average household income is $197,177 which is above the national average. College graduates make up 73.5% of residents. A majority of residents in The Parkway are home owners, with 11.5% of residents renting and 88.5% of residents owning their home. A
local real estate agent serving The Parkway can help you decide if this neighborhood is the right one for you. Learn more on our
The Parkway neighborhood guide.
Is The Parkway, CA a safe neighborhood?
The Parkway, CA is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in The Parkway?
The median home price in The Parkway is $965,000. If you put a 20% down payment of $193,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $5,000 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $214K a year to afford the median home price in The Parkway. The average household income in The Parkway is $197K.
What are the best public schools in The Parkway?
The best public schools that serve The Parkway are:
What are the best private schools in The Parkway?
The best private schools that serve The Parkway are:
What are the most popular zip codes in The Parkway, Folsom, CA?
What are the most popular neighborhoods near The Parkway, Folsom, CA?
Home Trends in The Parkway, CA
On average, homes in The Parkway, Folsom sell after 15 days on the market compared to the national average of 70 days. The median sale price for homes in The Parkway, Folsom over the last 12 months is $1,038,747, up 128% from the median home sale price over the previous 12 months.
Median Sale Price
$1,038,747
Median Single Family Sale Price
$1,038,747
Median 2 Bedroom Sale Price
$1,372,250
Average Price Per Sq Ft
$394
Number of Homes for Sale
7
Last 12 months Home Sales
14
Median List Price
$965,000
Median Change From 1st List Price
-8%
Median Home Sale Price YoY Change
128%
