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.
Home Trends in The Parkway, CA
On average, homes in The Parkway, Folsom sell after 19 days on the market compared to the national average of 52 days. The median sale price for homes in The Parkway, Folsom over the last 12 months is $839,900, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$839,900
Median Single Family Sale Price
$839,900
Median 2 Bedroom Sale Price
$518,856
Average Price Per Sq Ft
$371
Number of Homes for Sale
16
Last 12 months Home Sales
43
Median List Price
$825,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
