Why Live in Parkwood
Parkwood in North Bethesda is a neighborly suburb located nine miles north of Washington D.C., known for its friendly atmosphere and active community involvement. The neighborhood features about 900 homes, primarily built in the 1950s, including Cape Cods, Colonial Revivals, and ranch-style houses on quarter-acre lots. Recently, developers have introduced larger Craftsman-style homes with modern amenities. Parkwood is surrounded by natural beauty, with two miles of the 14-mile Rock Creek Trail wrapping around its west side, offering scenic routes for bikers, walkers, and joggers. Beach Drive, which runs alongside the trail, is closed to vehicles on weekends, providing additional space for outdoor activities. Families can enjoy local amenities such as Puller Playground and the Cedarbrook Swim and Tennis Club. Children in Parkwood attend highly rated schools, including Kensington Parkwood Elementary, North Bethesda Middle, and Walter Johnson High. The neighborhood's main commercial area is on Howard Avenue, where residents can find a variety of dining options, from Java Nation to Hibachi Express, as well as grocery stores like Safeway and Kensington Market. Antique Row on Howard Avenue offers unique shopping experiences with its antique stores, art galleries, and bookshops. The area is safer than the national average, contributing to its appeal as a peaceful place to live.
Home Trends in Parkwood, MD
On average, homes in Parkwood, North Bethesda sell after 26 days on the market compared to the national average of 70 days. The median sale price for homes in Parkwood, North Bethesda over the last 12 months is $362,990, up 80% from the median home sale price over the previous 12 months.
Median Sale Price
$362,990
Median Single Family Sale Price
$450,000
Median 1 Bedroom Sale Price
$320,000
Average Price Per Sq Ft
$298
Number of Homes for Sale
4
Last 12 months Home Sales
24
Median List Price
$495,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
80%