Why Live in Parkwood Hills
Parkwood Hills in Madison is a neighborhood characterized by its diverse home styles, including Colonial Revival, ranch, split-level, and midcentury modern designs, primarily built in the 60s and 70s. The area features shady streets with sidewalks and walking paths through mature greenery, creating an idyllic setting. Home prices range from $450,000 to just under $1 million for single-family homes, while condos and duplexes near Mineral Point Road are priced between $250,000 and $300,000. Residents enjoy nearly 100 acres of prairie and oak savannah at Owen Conservation Park, pickleball courts, and a national award-winning picnic shelter at Garner Park. The Park Crest Swim & Tennis Club is a popular summer spot, and winter activities include sledding near Memorial High School. Shopping and dining options are plentiful, with West Towne Mall and Market Square less than three miles away, and local favorites like Oakcrest Tavern, Delaney’s Steakhouse, and La Baguette adding authenticity to the area. The neighborhood association hosts seasonal events such as a sledding party, pool party, Halloween bonfire, and Opera in the Park at Garner Park. Parkwood Hills is conveniently located under 5 miles from downtown Madison, with easy access to the Beltline, bike paths, and bus routes. The Dane County Regional Airport is 10 miles away, and UW Health University Hospital is just over 3 miles away. Students in the area attend highly rated schools, including Vel Phillips Memorial High School, which offers a planetarium, AP classes, and athletics.
Home Trends in Parkwood Hills, WI
On average, homes in Parkwood Hills, Madison sell after 33 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 $419,900, down 19% from the median home sale price over the previous 12 months.
Median Sale Price
$419,900
Median Single Family Sale Price
$299,900
Median Townhouse Sale Price
$257,500
Average Price Per Sq Ft
$178
Number of Homes for Sale
0
Last 12 months Home Sales
15
Median List Price
$419,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-19%