Why Live in Parkwood
Parkwood, a neighborhood in Philadelphia, was established in the 1960s and has grown into a master-planned community with over 14,000 residents. Known for its rows of red-brick townhomes, many feature front-facing garages and minimal front yards, while backyards offer more privacy with leafy trees and tall wooden fences. Parkwood’s walkable parks and tree-lined backyards attract young families, and the neighborhood is less than an hour-long train ride from Center City. The area features several parks and recreational facilities, including the Fitzpatrick Playground with a new water feature and mini suspension bridge, and the Junod Recreation Center with athletic facilities. The Parkwood Youth Organization offers community sports programs, and the Poquessing Creek Trail provides a scenic route for walks.
Parkwood is known as 'the holiday neighborhood' due to its festive decorations for various holidays. Residents can walk to local dining spots like Reen’s Delicatessen and the Philly Pretzel Factory, with grocery shopping convenient at Sam’s Club and Walmart nearby. The Philadelphia Mills Mall, with over 200 brand-name outlet stores, is a regional shopping destination. Parkwood students attend Philadelphia City schools, with the Stephen Decatur School offering nutrition education through cooking classes. High school students can take the bus to George Washington High School.
Woodhaven Road provides quick access to the South Philadelphia Medical Center and nearby interstates, while the Northeast Philadelphia Airport is mainly used for storage and private flights. The Philadelphia International Airport is 40 minutes away via I-95, and most commuters use the SEPTA Trenton Line for travel to Center City.
Home Trends in Parkwood, PA
On average, homes in Parkwood, Philadelphia sell after 94 days on the market compared to the national average of 70 days. The median sale price for homes in Parkwood, Philadelphia over the last 12 months is $469,900, up 41% from the median home sale price over the previous 12 months.
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 1 Bedroom Sale Price
$132,000
Average Price Per Sq Ft
$313
Number of Homes for Sale
10
Last 12 months Home Sales
89
Median List Price
$474,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
41%