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Parkwood

Parkwood

$186,273 Average Value
$313 Average Price per Sq Ft
4 Homes For Sale

Parkwood a mix of homes and businesses

Despite its name, Parkwood is less of a bucolic setting and more of a business/industrial district in Northeast Springfield with homes and green space sprinkled in.

Pockets of subdivisions are supported by nearby manufacturing plants, corporate offices, retailers and restaurants. But even with some of these enterprises abutting backyards, serenity isn't in short supply.

"My sister-in-law lives there, and she never complained about it," says Rachel Reaves, a Realtor with Smith Realty who also manages property in Parkwood. "They're out in their back yard in the pool during the summertime, and they've never complained about any noise issues."
The Parkwood neighborhood is tucked in the far north east corner of Springfield.
The Parkwood neighborhood is tucked in the far north east corner of Springfield.
Bordered by Interstate 44, the Parkwood neighborhood is conveniently positioned for a road trip.
Bordered by Interstate 44, the Parkwood neighborhood is conveniently positioned for a road trip.
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Shopping, dining and entertainment on Kearney and Glenstone

The busy main roads of Kearney Street and Glenstone Avenue intersect in Parkwood. Glenstone is lined with more than a dozen hotels and several retailers and restaurants, so it's typical for residents to shop and dine among travelers. In fact, one of the neighborhood's most popular restaurants is in a hotel. Fire & Ice Restaurant & Bar, located in Oasis Hotel & Convention Center, is known for its dry-aged Angus steak and has the only ice bar in Springfield. Echelon Coffee is another well-known spot that serves specialty lattes and pastries. Along with these two local restaurants are dozens of national chains from which to choose. There are also several big box retailers such as Walmart and Aldi for groceries and other essential shopping needs. According to Reaves, the city is working on revamping all of North Springfield. As part of that initiative, Parkwood welcomed BigShots Golf in 2021, where friends and family can eat, drink and hit golf balls at targets on the driving range.
Grocery runs usually end up at the Walmart Supercenter in Parkwood.
Grocery runs usually end up at the Walmart Supercenter in Parkwood.
Fresh made sandwiches are served up for Parkwood residents at Echelon Coffee.
Fresh made sandwiches are served up for Parkwood residents at Echelon Coffee.
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Pepsi, Bass Pro Shops and more

Bass Pro Shop Base Camp, the headquarters of the national sporting goods store, is located in Parkwood. Among the many manufacturing plants are those of big corporations such as Pepsi and French's. There are also many local industrial businesses and trucking companies that bring jobs to the neighborhood.
Prime Inc., one of the nation's largest trucking company's, is headquartered in Parkwood.
Prime Inc., one of the nation's largest trucking company's, is headquartered in Parkwood.
Parkwood bring the conveniences of north east Springfield close to home for residents.
Parkwood bring the conveniences of north east Springfield close to home for residents.
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Suburban ranch-style homes

Homes in Parkwood are concentrated in one of two residential pockets on the neighborhood's west end. Though just a block from busy main roads, these subdivisions offer a classic suburban atmosphere with single-family homes on quarter-acre lots with shade trees that screen industrial buildings. Ranch-style houses built between the 1940s and 1970s make up nearly all of the neighborhood's homes. They typically have 1,200 to 1,300 square feet of living space, two to three bedrooms and attached two-car garages. These houses sell for around $150,000 to $250,000, compared to Springfield's average home sale price of $223,000.

"It's a good option for anyone looking to buy because you can get a little more value for your money," says Michael Jacques, the broker of The Jacques Co., who services the neighborhood. "It would be nice for some more Parkwood-type subdivisions to spring up here and there because they'd sell like crazy." Homes in Parkwood don't hit the market often, but when they do, they tend to sell fast. Just seven homes were sold between May 2023 and May 2024, lasting an average of 20 days on the market.
Bungalows in Parkwood sit snuggly on compact lots.
Bungalows in Parkwood sit snuggly on compact lots.
Older ranch homes with modern touches can be found in Parkwood.
Older ranch homes with modern touches can be found in Parkwood.
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A short walk to Parkwood Park

Parkwood Park is surrounded by one of the neighborhood's subdivisions, making it easy reach on foot. The park's open grassy field, which can be seen from a few backyards, is scattered with trees and has a playground. Valley Water Mill Park is also just 4 miles north. It features a 13-acre lake with fishing piers along a boardwalk and a 1.5-mile nature trail.
Parkwood has a small park located in the heart of the neighborhood.
Parkwood has a small park located in the heart of the neighborhood.
Doling Park is one of Springfield, MO oldest and most popular parks.
Doling Park is one of Springfield, MO oldest and most popular parks.
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Fun after-school programs at Fremont Elementary

Students start at Fremont Elementary School, which gets a C-plus grade from Niche and is 1.5 miles from the neighborhood. Fremont students can join one of the many after-school clubs with activities like bowling, pottery and Lego-based robotics. Kids move on to B-minus-graded Pleasant View K-8 School and C-graded Hill Crest High. In 2021, Springfield Public Schools cut the ribbon on the new and improved high school after a $35 million renovation project added a four-story wing of classrooms to the campus.
The Fremont Elementary school building is one of Springfield Public Schools newest buildings.
The Fremont Elementary school building is one of Springfield Public Schools newest buildings.
Located in far north Springfield, the Hillcrest High School campus has an almost rural feel.
Located in far north Springfield, the Hillcrest High School campus has an almost rural feel.
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A 5-mile drive to Downtown Springfield

It's about a 5-mile drive to Downtown Springfield from the main roads. City Utilities provides public buses from Kearney Street and Glenstone Avenue, which can be taken all over Springfield. Interstate 44, which runs 215 miles northeast to St. Louis and 180 miles southwest to Tulsa is on the north side of Parkwood, which is why the neighborhood has so many hotels.
Residents in Parkwood rely on public transportation with bus stops and sidewalks throughout.
Residents in Parkwood rely on public transportation with bus stops and sidewalks throughout.
Parkwood bring the conveniences of north east Springfield close to home for residents.
Parkwood bring the conveniences of north east Springfield close to home for residents.
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Nicolas Stuart
Written By
Nicolas Stuart
Luke Basinger
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Luke Basinger

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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 Educators Realty Group, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Springfield-Branson Ntl

22 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Parkwood US
Homicide 4 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 6 4
Motor Vehicle Theft 5 4
Larceny 6 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Parkwood Demographics and Home Trends

Housing Trends

Median List Price
$470,495
Median Sale Price
$550,000
Median Single Family Sale Price
$1,297,500
Median Townhouse Sale Price
$348,490
Median Change From 1st List Price
4%
Last 12 months Home Sales
5
Median Home Sale Price YoY Change
18%
Average Price Per Sq Ft
$313

Neighborhood Facts

Number of Homes in Neighborhood
293
Number of Homes for Sale
4
Median Year Built
1969
Months of Supply
9.60
Average Single Family Home Size Sq Ft
1,274
Significantly below the national average
1,924
Median Lot Size Sq Ft
11,325

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 Educators Realty Group, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,342
Median Age
34
Population Density
1 person/acre
Population under 18
21.5%
On par with the national average
23.8%
Population over 65
13.2%
Below the national average
19.1%

Finances

Median Household Income
$46,782
Significantly below the national average
$71,702
Average Household Income
$51,305

Education and Workforce

High School Graduates
84.4%
On par with the national average
89.1%
College Graduates
38.5%
Advanced Degrees
15.5%
% Population in Labor Force
60%
Below the national average
65.1%

Weather

Annual Precipitation
45''
Average Winter Low Temperature
25°F
Average Summer High Temperature
89°F
Annual Snowfall
21''

Area Factors

Somewhat Bikeable

Bike Score®

27 / 100

Car-Dependent

Walk Score®

17 / 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