Parkwood Hills
Varied designs and increasing home values along shady streets
“Most homes in Parkwood Hills were built in the 60s and 70s,” says Kietra Olson, Realtor with Realty Executives Cooper Spransy. Homes are stylistically diverse and include Colonial Revival, ranch, split-level and midcentury modern designs. Sidewalks run along shady streets and walking paths slice through the established greenery. “It’s very wooded and mature,” Browning says. “The homes are very generous. It’s very idyllic.” Prices for single-family homes start around $450,000 through $650,000, though some larger homes can range from $800,000 to just under $1 million. “The value of the homes has definitely increased over time,” Browning says. In addition to single-family homes, condos and duplexes sit close to Mineral Point Road and cost between $250,000 and $300,000.
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Planetarium programs at Vel Phillips Memorial High School
Students in Parkwood Hills can attend John Muir Elementary School, rated a B by Niche. Gillespie Middle School is likewise rated a B. Vel Phillips Memorial High School earns an A and hosts the district’s planetarium, which provides educational programming for students and community members. Memorial also offers a robust selection of AP classes and athletics. “All the schools are within easy walking distance,” says Pete Waite, a Realtor with Stark Company Realty who also lives in the neighborhood.
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Acres of nature at Owen Conservation Park
Owen Conservation Park offers nearly 100 acres of prairie and oak savannah. “It’s a great place for walking,” Waite says. Residents can play pickleball at the courts at Garner Park at the corner of Mineral Point and Rosa Road or have a picnic at the national award-winning shelter designed by architect Stuart William Gallagher. Summer brings many residents to Park Crest Swim & Tennis Club. “They have the all-city meet in the summer, so that’s a big attraction,” Waite says. In winter, people can ride down a sledding hill on Inner Road by Memorial High School.
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Oakcrest Tavern has served the neighborhood since the 50s
Two significant shopping centers — West Towne Mall, at the corner of Gammon and Mineral Point, and Market Square, on Odana Road — lie under three miles from Parkwood Hills. Grocery options include Metcalfe’s Market on Mineral Point Road and Hy-Vee on Whitney Way. For dining, the west side is dominated by chain restaurants but does offer a few locally owned spots. “The Oakcrest Tavern is still there, and that’s a popular spot,” Waite says. Delaney’s Steakhouse and La Baguette are other nearby dining options. “Those are very nice places that add some authenticity to the area,” Browning says.
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Convenient location inside the Beltline
Convenience is a major draw for Parkwood Hills, located under 5 miles from downtown Madison via Old Sauk Road and University Avenue. “You are inside the Beltline, but you can hop on the Beltline quickly," Waite says. "You can go the other direction to get downtown quickly. You can get to campus in 10 to 12 minutes." Buses run along all the major streets. “They added bike paths along University Avenue and Mineral Point Road,” Waite says. The Dane County Regional Airport is 10 miles away. UW Health University Hospital is just over 3 miles away.Parkwood Hills Neighborhood Association hosts events year-round
The neighborhood association, which is voluntary to join and does not mandate HOA restrictions, hosts various seasonal events, from a sledding party in the winter to a pool party in the summer, to a Halloween bonfire and a spring planting day, among others. Opera in the Park is another annual tradition that takes place at Garner Park. “It’s a free show from the Madison Opera once a year,” Waite says.
Written By
Ty Phelps
Photography Contributed By
Brett Bulthuis
Video By
Francesco Basti
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Agents Specializing in this Area
-
Tommy Van Ess
Tommy Van Ess
First Weber Inc
(608) 292-3518
233 Total Sales
1 in Parkwood Hills
$295,000 Price
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Denise Holmes
DH
Denise Holmes
Responds QuicklyBunbury & Assoc, REALTORS
(608) 292-3005
251 Total Sales
1 in Parkwood Hills
$195,000 Price
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Brendan McGrath
Brendan McGrath
Responds QuicklyFirst Weber Inc
(608) 292-6179
75 Total Sales
1 in Parkwood Hills
$655,000 Price
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Rico Sabatini
Rico Sabatini
Responds QuicklyReal Broker LLC
(608) 292-3548
139 Total Sales
1 in Parkwood Hills
$505,000 Price
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Mary Whitcomb
Mary Whitcomb
Responds QuicklyCompass Real Estate Wisconsin
(608) 292-2873
185 Total Sales
2 in Parkwood Hills
$525K - $650K Price Range
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Dan Chin Homes Team
DT
Dan Chin Homes Team
Responds QuicklyReal Broker LLC
(608) 292-6149
1,164 Total Sales
3 in Parkwood Hills
$250K - $805K Price Range
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- 6th to 8th
- Public
- Pre-K to 5th
- Public
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Parks in this Area
Owen Park
- Trails
- Parking Lot
- Hiking
Elver Park
- Basketball
- Disc Golf
- Soccer
Garner Park
- Basketball
- Soccer
- Pickleball
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Parkwood Hills | US |
|---|---|---|
| Homicide | 2 | 4 |
| Sexual Assault | 2 | 4 |
| Assault with Weapon | 2 | 4 |
| Robbery | 3 | 4 |
| Burglary | 3 | 4 |
| Motor Vehicle Theft | 2 | 4 |
| Larceny | 3 | 4 |
| Crime Score | 3 | 4 |
Source: WhatIsMyCrimeRisk.com
Parkwood Hills Demographics and Home Trends
On average, homes in Parkwood Hills, Madison sell after 29 days on the market compared to the national average of 70 days. The median sale price for homes in Parkwood Hills, Madison over the last 12 months is $427,415, down 17% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$439,945
Median Sale Price
$427,415
Median Single Family Sale Price
$419,900
Median Townhouse Sale Price
$257,500
Median Change From 1st List Price
1%
Last 12 months Home Sales
17
Median Home Sale Price YoY Change
-17%
Average Price Per Sq Ft
$182
Neighborhood Facts
Number of Homes in Neighborhood
555
Number of Homes for Sale
0
Median Year Built
1972
Months of Supply
0.00
Average Single Family Home Size Sq Ft
2,968
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
2,687
Average 2 Bedroom Size Sq Ft
1,317
Median Lot Size Sq Ft
13,068
Distribution of Home Values
Homes for Sale
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,587
Median Age
46
Population under 18
19.3%
On par with the national average
23.8%
Population over 65
27.2%
Above the national average
19.1%
Finances
Median Household Income
$126,923
Significantly above the national average
$71,702
Average Household Income
$154,869
Education and Workforce
High School Graduates
96.7%
College Graduates
75.7%
Significantly above the national average
34.1%
Advanced Degrees
51.7%
Significantly above the national average
13.3%
% Population in Labor Force
66.9%
Weather
Annual Precipitation
37''
Average Winter Low Temperature
12°F
Average Summer High Temperature
82°F
Annual Snowfall
45''
Area Factors
Bikeable
Bike Score®
56
/ 100
Car-Dependent
Walk Score®
36
/ 100
Some Transit
Transit Score®
40
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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