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Parkwood

Parkwood

$1,153,948 Average Value
$409 Average Price per Sq Ft
9 Homes For Sale

On a casual day in Parkwood, you'll find locals out and about riding their bikes and strolling the sidewalks in this neighborly suburb nine miles north of Washington D.C. It's the kind of community where neighbors are happy to greet each other and count on one another to make Parkwood a peaceful place to call home. Kira Lueders, President of the Parkwood Residents Association, has lived in the neighborhood since 1967. "It's a very caring neighborhood," says Lueders. "We have a Facebook page and a Listserve where people will ask for advice. If someone loses a dog, they post it, and the whole neighborhood is mobilized looking for the dog. And we always find it." With about 900 homes in Parkwood, Lueders says 300 residents are members of the Parkwood Residents Association. She says, "It's not a homeowners association. We're a collection of residents who care about the neighborhood. We don't make any rules other than be kind to each other."

Most homes in Parkwood were built in the 1950s, including three-to-four-bedroom Cape Cods, Colonial Revivals and ranch-style houses, ranging from $700,000 to $900,000. You'll find them situated on leafy quarter-acre lots along winding streets with sidewalks, where you'll frequently see neighbors walking by. If you want a newer home, there's a growing number of options as well. "The neighborhood is undergoing a very large change," says Lueders, "Developers are buying a lot of the homes, tearing them down and building brand new houses." These newer Craftsman-style houses are much larger, featuring five to six bedrooms, selling for $1.5 million to $2 million.

Two miles of the 14-mile Rock Creek Trail wrap the entire west side of Parkwood, taking bikers, walkers and joggers on a journey through the woods by the water. Beach Drive runs right by it, offering drivers a scenic route to get around town during the weekday. But on weekends, the section of Beach Drive between Knowles and Connecticut Avenues is reserved for pedestrians only. "It started during COVID," says Lueders, "People were so eager to walk outdoors, but it was hard to keep their distance on Rock Creek Trail because it got so crowded. We asked to close down the road on the weekends, and it just remained that way because it was so well used." While exploring the trail or Beach Drive, you can stop at Puller Playground for the kids. Locals can also go for a dip in the pool or hit the courts at the Cedarbrook Swim and Tennis Club.

Kids in Parkwood receive excellent education through Montgomery County Public Schools. Students start at Kensington Parkwood Elementary, rated an A by Niche. They'll go on to A-rated North Bethesda Middle before finishing up at A-plus-rated Walter Johnson High, ranked the seventh-best high school in Maryland, offering dual enrollment through Montgomery College.

Most of your shopping and dining options can be found on and around Howard Avenue on the north side of Parkwood. Start your morning at Java Nation with coffee and pancakes while talking with friends or working on your laptop. While you can come back for lunch or dinner, there are several other restaurants to choose from, whether you're in the mood for sushi at Hibachi Express, Chinese takeout from Red Ginger or a healthy açaí bowl from Playa Bowls. For everyday groceries, head to Safeway. But if you prefer to shop locally, you can get fresh produce at Kensington Market and find unique Sri Lankan products at Grocerylanka. A small strip of Howard Avenue is designated as Antique Row, known for its many antique stores, art galleries and bookshops selling collectibles from all over the world. Meanwhile, kids can read and play through a magical experience offered at Noyes Children's Library, which makes you feel like you're in a storybook.

For some, Parkwood is it's own storybook where they never want to leave. "I just can't imagine living anywhere else," says Lueders, "I know many people who have lived here their whole lives. I know a 101-year-old gentleman who moved here in 1950, and he's been here ever since." With longtime residents welcoming of new homeowners, Parkwood is a neighborly community with a great appreciation for the outdoors and each other.

Nicolas Stuart
Written By
Nicolas Stuart
Chaz Mixon
Photography Contributed By
Chaz Mixon
Jessica Johnson
Video By
Jessica Johnson

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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

Parks in this Area

Transit

Airport

Ronald Reagan Washington Ntl

30 min drive

Bus

Cedar Ln & Parkwood Dr

Bus

Knowles Ave & Howard Ave

Bus

Knowles Ave & Summit Ave

Bus

Cedar Ln & Summit Ave

Bus

Knowles Ave & Ewell Ave

Bus

Cedar Ln & Dresden St

Bus

Cedar Ln & Delmont Ln

Parkwood Demographics and Home Trends

Housing Trends

Median List Price
$1,320,000
Median Sale Price
$1,160,000
Median Single Family Sale Price
$1,320,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
46
Median Home Sale Price YoY Change
25%
Average Price Per Sq Ft
$409

Neighborhood Facts

Number of Homes in Neighborhood
1,371
Number of Homes for Sale
9
Median Year Built
1951
Months of Supply
2.30
Average Single Family Home Size Sq Ft
4,457
Significantly above the national average
1,925
Median Lot Size Sq Ft
7,405

Open Houses

  • Saturday, Sep 13
    2 - 4pm

    4507 Clearbrook Ln, Kensington, MD 20895

    $899,999

    • 4 Beds
    • 3 Baths
    • 2,250 Sq Ft
    • 4507 Clearbrook Ln
    • New 9 days ago

    Welcome to this delightful abode in the Parkwood neighborhood! This charming four-bedroom, three-bathroom home offers sophisticated living space, perfect for those who appreciate comfort and style. Nestled on a peaceful dead-end street, the property features an attached one-car garage and an EV charging station, catering to modern living needs.Inside, you'll be greeted by a cozy fireplace

    Kelly Bohi Compass

    Section Image
  • Sunday, Sep 14
    2 - 4pm

    4705 Saul Rd, Kensington, MD 20895

    $1,925,000

    • 5 Beds
    • 4.5 Baths
    • 5,198 Sq Ft
    • 4705 Saul Rd
    • New 10 days ago

    Experience modern elegance in this newly built 2024 ERB Craftsman-style home that beautifully combines luxury and comfort. With 5 bedrooms and 4.5 bathrooms spread across 5,172 square feet, this residence offers ample space for both relaxation and entertaining.Upon entering, you'll be greeted by a bright and open-concept design that features sleek finishes and abundant natural light. The

    Kelly Bohi Compass

    Section Image
  • Sunday, Sep 14
    1 - 4pm

    4305 Everett St, Kensington, MD 20895

    $875,000

    • 3 Beds
    • 1.5 Baths
    • 1,954 Sq Ft
    • 4305 Everett St
    • New 10 days ago

    This expanded and updated classic brick rambler combines timeless charm with modern upgrades. A standout feature is the spacious primary suite addition, complete with vaulted ceiling and a cozy sitting area. The beautifully renovated kitchen (2021) offers abundant cabinetry, quartz countertops, new flooring, a deep stainless-steel sink, and matching stainless-steel appliances. Additional updates

    Brian Maury Compass

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
3,869
Median Age
43
Population Density
8 ppl/acre
Population under 18
27.5%
On par with the national average
23.8%
Population over 65
17%
On par with the national average
19.1%

Finances

Median Household Income
$188,008
Significantly above the national average
$71,702
Average Household Income
$202,392

Education and Workforce

High School Graduates
97.9%
College Graduates
83.4%
Significantly above the national average
34.1%
Advanced Degrees
51.7%
Significantly above the national average
13.3%
% Population in Labor Force
77.3%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
27°F
Average Summer High Temperature
89°F
Annual Snowfall
14''

Area Factors

Somewhat Bikeable

Bike Score®

45 / 100

Car-Dependent

Walk Score®

26 / 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