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Parkwood

Parkwood

$327,283 Average Value
$305 Average Price per Sq Ft
11 Homes For Sale

A planned residential community 45 minutes from Center City

During the 1960s, the Korman Corporation first established Parkwood as a small residential borough centered around the historic Poquessing Valley Park. Since then, the neighborhood has grown into a much larger master-planned community with over 14,000 residents living in the original rows of red-brick townhomes. Parkwood’s walkable parks and tree-lined backyards attract young families looking to buy their first home outside the city. While the neighborhood’s natural beauty may feel far from downtown, Center City is less than an hour-long train ride away.
A great view of the Parkwood neighborhood from Dunks Ferry Rd and Lester Rd.
A great view of the Parkwood neighborhood from Dunks Ferry Rd and Lester Rd.
Walking the Proquessing Creek Trail in Parkwood.
Walking the Proquessing Creek Trail in Parkwood.
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Classic Philly rowhomes and some detached colonials

Concrete sidewalks connect the winding residential streets throughout Parkwood. Like most Northeast Philly neighborhoods, Parkwood is full of 1960s red-brick rowhomes with front-facing garages. Although private parking is available, residents with multiple cars must park on the two-lane streets. Front yards are minimal in size, with cement stairways leading to shared porticos. Meanwhile, backyards offer a bit more privacy, with leafy trees and tall wooden fences separating each lawn. Most rowhomes list between $250,000 and $350,000, but some detached colonials in Liberty Square can cost up to $500,000.
Aerial View of the Parkwood neighborhood showing nice size backyards.
Aerial View of the Parkwood neighborhood showing nice size backyards.
One story row home with driveway and attached garage in the Parkwood neighborhood.
One story row home with driveway and attached garage in the Parkwood neighborhood.
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The Fitzpatrick Rec Center has a new nature-inspired playground

Parkwood stays true to its name, offering an abundance of outdoor recreation at popular neighborhood parks. Next to the local elementary school, the Fitzpatrick Playground was recently transformed into a nature-inspired play lot, complete with a new water feature and mini suspension bridge. At the Fitzpatrick Rec Center, older kids can shoot hoops on basketball courts or practice dribbling down the soccer field. Further north, the Junod Recreation Center offers another new playground and several well-maintained athletic facilities. Next door, the Parkwood Youth Organization offers a variety of community sports programs, from pee-wee football to travel basketball. While kids practice for the next big game, parents can take a relaxing stroll down the Poquessing Creek Trail.
In the Parkwood neighborhood your kids will spend hours playing at the Junod Playground.
In the Parkwood neighborhood your kids will spend hours playing at the Junod Playground.
The Fitzpatrick Recreation Center has many areas for your kids to play.
The Fitzpatrick Recreation Center has many areas for your kids to play.
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Parkwood is known as the holiday neighborhood

Philadelphia locals know Parkwood as ‘the holiday neighborhood.’ Whether it’s the Fourth of July, Halloween or Christmas, Parkwood homes are always decked out for the holidays. While there is no designated decorating committee, “many residential blocks coordinate themes and decorate their homes together,” says Bill Callahan, a resident and co-owner of TheNorthEastLife.com.
Most residents in Parkwood decorate their house for the holidays.
Most residents in Parkwood decorate their house for the holidays.
Parkwood has houses with attached garages but, some owners have converted them.
Parkwood has houses with attached garages but, some owners have converted them.
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Philadelphia Mills Mall is a regional shopping destination

Parkwood residents can walk to the neighborhood shopping center to eat lunch at Reen’s Delicatessen or grab a quick snack at the Philly Pretzel Factory. Grocery trips are never an inconvenience with Sam’s Club and Walmart just across Knights Road. Between the two stores, Philadelphia Mills Mall is a regional shopping destination with over 200 brand-name outlet stores. Before heading home, shoppers can grab a bite to eat at one of the fast-food chains surrounding the parking lot.
Play some games at Dave & Buster's in Parkwood.
Play some games at Dave & Buster's in Parkwood.
In the Parkwood neighborhood you'll find over 150 stores at Philadelphia Mills Mall.
In the Parkwood neighborhood you'll find over 150 stores at Philadelphia Mills Mall.
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Young students walk to Stephen Decatur School

Parkwood students can begin attending Philadelphia City schools in kindergarten. Crosswalks and flat sidewalks make it easy for kids to walk to class at the Stephen Decatur School. This combined elementary and middle school works with Vetri Community Partnership to teach students about nutrition through cooking classes. After eighth grade, teens can take the bus to George Washington High School. Both public schools score an overall C or higher on Niche.
Crosswalks near the schools in Parkwood.
Crosswalks near the schools in Parkwood.
George Washington High School is only minutes away from the Parkwood neighborhood.
George Washington High School is only minutes away from the Parkwood neighborhood.
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SEPTA’s Trenton line brings locals straight to Center City

Woodhaven Road borders the west side of Parkwood, allowing residents to access the South Philadelphia Medical Center and nearby interstates quickly. On the opposite side of Woodhaven, the Northeast Philadelphia Airport is a smaller branch of the Philadelphia International Airport System. Gene Fish, a fellow Northeast Philly resident and local Realtor with RE/MAX Elite, explains, “That little airport has never been a problem for residents because it’s mostly used for storage and some private airfare.” The much busier Philadelphia International Airport is only 40 minutes away on I-95. While Center City is easily accessible from this busy interstate, most commuters take the SEPTA Trenton Line to work each morning.
SEPTA Bus picking up people on Academy Rd in the Parkwood neighborhood.
SEPTA Bus picking up people on Academy Rd in the Parkwood neighborhood.
SEPTA Trenton Line is minutes from Parkwood in Cornwells Heights.
SEPTA Trenton Line is minutes from Parkwood in Cornwells Heights.
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Ryan Horton
Written By
Ryan Horton
Tyler Newbold
Video By
Tyler Newbold

Agents Specializing in this Area

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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

Interested in learning more about homes in this area? Reach out to Michael Jordan, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Trenton Mercer

30 min drive

Bus

Byberry Rd & Thornton Rd

Bus

Knights Rd & Nanton Dr

Bus

Medford Rd & Belgreen Rd

Bus

Franklin Mills & Design Center Dr

Bus

Comly Rd & Decatur Rd - Fs

Bus

Townsend Rd & Mcnulty Rd

Bus

Franklin Mills & Design Ctr - Mbfs

Crime and Safety

1 - Low Crime, 10 - High Crime Parkwood US
Homicide 4 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 4 4
Burglary 4 4
Motor Vehicle Theft 3 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Parkwood Demographics and Home Trends

Housing Trends

Median List Price
$452,200
Median Sale Price
$469,900
Median Single Family Sale Price
$469,900
Median Townhouse Sale Price
$685,000
Median 2 Bedroom Sale Price
$327,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
94
Median Home Sale Price YoY Change
41%
Average Price Per Sq Ft
$305

Neighborhood Facts

Number of Homes in Neighborhood
4,768
Number of Homes for Sale
11
Median Year Built
1965
Months of Supply
1.40
Average Single Family Home Size Sq Ft
2,102
Above the national average
1,924
Average Townhouse Size Sq Ft
1,352
Average 2 Bedroom Size Sq Ft
2,204
Median Lot Size Sq Ft
6,969

Open Houses

  • Saturday, Aug 2
    12 - 3pm

    3000 Derry Terrace, Philadelphia, PA 19154

    $310,000

    • 3 Beds
    • 1.5 Baths
    • 1,380 Sq Ft
    • 3000 Derry Terrace
    • New 4 days ago

    NEW ROOF! Lovingly maintained by the same owners for over 50 years, this spacious home offers a rare opportunity to bring your personal vision to life. Situated on a quiet cul-de-sac, the property offers a newer deck and a large fenced-in yard perfect for relaxing, entertaining, or gardening. Inside, you’ll find generously sized rooms, abundant closet space, and a layout full of possibilities.

    Nicole Regan BHHS Fox & Roach-Southampton

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Michael Jordan, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
15,428
Median Age
39
Population Density
11 ppl/acre
Population under 18
25.4%
On par with the national average
23.8%
Population over 65
17.4%
On par with the national average
19.1%

Finances

Median Household Income
$88,967
Above the national average
$71,702
Average Household Income
$95,385

Education and Workforce

High School Graduates
90.6%
College Graduates
23.7%
Below the national average
34.1%
Advanced Degrees
9.9%
% Population in Labor Force
72.3%
Above the national average
65.1%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
27°F
Average Summer High Temperature
88°F
Annual Snowfall
15''

Area Factors

Bikeable

Bike Score®

52 / 100

Car-Dependent

Walk Score®

38 / 100

Some Transit

Transit Score®

49 / 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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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Parkwood
Michael Jordan
Michael Jordan Real Estate, LLC
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