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Parkway Homes for Sale

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  • /30

    $499,900

    • 4 Beds
    • 4 Baths
    • 2,346 Sq Ft

    823 Memorial Pkwy SW, Rochester, MN 55902

    For sale is 823 Memorial Parkway SW, a beautiful, well-maintained 4-bedroom, 4-bathroom home on a magnificent crabapple-tree-lined street, offering over 2,300 square feet of living space. Located in Rochester's sought-after Historic Southwest neighborhood, this home sits on a quiet street near parks, playgrounds, and trails, close to Soldiers Field Golf Course, Downtown Rochester, and the Mayo

    Ethan Kaske WightmanBrock Real Estate Advi

    823 Memorial Pkwy SW, Rochester, MN 55902
  • /2

    $375,000

    Coming Soon
    • 4 Beds
    • 2 Baths
    • 1,768 Sq Ft

    812 11th St SW, Rochester, MN 55902

    Incredible investment opportunity! Duplex with one unit on the main level and one on the upper level. Both units have 2 bedrooms, 1 full bathroom, living, dining, and kitchen. Shared laundry in the basement. Shared two car garage. In a prime location convenient to St Mary's, Mayo, and downtown, it's perfect property to expand your investment portfolio, or move in one unit and rent the other.

    Claire Conway Bartels Edina Realty, Inc.

    812 11th St SW, Rochester, MN 55902
  • /2

    $400,000

    Coming Soon
    • 4 Beds
    • 2 Baths
    • 1,560 Sq Ft

    849 11 1/2 St SW, Rochester, MN 55902

    This side by side duplex offers one-level living in a prime location. Each unit has 2 bedrooms, 1 full bath, kitchen, living room, and basement. Separate entrances and a shared 2 car garage. Rental certificate is current and one unit is rented, while the other is pending. Rare opportunity to own an investment property located just a short distance from St. Mary’s, Mayo, and downtown!

    Claire Conway Bartels Edina Realty, Inc.

    849 11 1/2 St SW, Rochester, MN 55902
  • /31

    $379,900

    Open Sat 1:30PM - 3PM $20K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,527 Sq Ft

    915 11 1/2 St SW, Rochester, MN 55902

    Beautifully Remodeled Three-Bedroom, Two-Bath Rambler.Welcome to this beautifully updated three-bedroom, two-bath rambler offering modern finishes, comfortable living spaces, and an unbeatable location close to downtown Rochester. This completely remodeled home features a stunning kitchen with stainless steel appliances, updated bathrooms, refinished hardwood floors, and a finished basement

    Heidi Hartzell Lakes Sotheby's International Realty

    915 11 1/2 St SW, Rochester, MN 55902
  • /45

    $699,000

    $50K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 3,081 Sq Ft

    827 10 1 2 St SW, Rochester, MN 55902

    Welcome to this thoughtfully updated and energy-efficient 4-bedroom, 3 bathroom home tucked away at the end of a quiet cul-de-sac in desirable Southwest Rochester. Situated on a private lot with a secluded backyard and a beautifully rebuilt one-car garage, this property blends timeless character with extensive modern upgrades throughout. Enjoy peace of mind with a standing seam steel roof

    Hanan Absah Coldwell Banker Realty

    827 10 1 2 St SW, Rochester, MN 55902
  • /36

    $479,900

    $10K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,240 Sq Ft

    1019 11th St SW, Rochester, MN 55902

    Welcome to 1019 11th St SW, where modern updates meet timeless charm on a quiet, tree-lined street in a desirable southwest Rochester neighborhood. Mature trees provide exceptional privacy, creating a peaceful outdoor setting while still being close to parks, schools, shopping, and dining.This beautifully updated home features 4 bedrooms, 3 bathrooms, and a spacious layout designed for

    Nita Khosla Edina Realty, Inc.

    1019 11th St SW, Rochester, MN 55902

Why Live in Parkway

Parkway, located in Southwest Rochester, offers residents a variety of seasonal activities, just a mile from Downtown. The neighborhood features 1930s-era cottages, mid-1950s ranch-style houses, and pre-World War II Foursquares, Tudors and Colonial Revivals. Homes typically sit on modest lots under a quarter acre; however, larger properties are on Memorial Parkway. Parkway is bordered by Highway 14 to the south and features fast-food drive-thrus, car dealerships, and The Apache Mall. The mall is home to over 100 stores, including JCPenney and Macy’s. Dining options range from HuHot Mongolian Grill to Newt’s South, known for its specialty burgers. The Workshop Food Hall & Bar offers community events, such as trivia nights and Karaoke. To the north, Plummer House is a historic site with year-round access to its gardens. Residents can enjoy skating at Soldiers Field rink in winter and golfing at the Soldiers Field course in summer. The Rochester Farmers Market is also a popular weekend destination. Parkway students can attend Folwell Elementary School and Mayo Senior High, both of which are highly rated by Niche. Downtown Rochester, with the Mayo Clinic and pedestrian-friendly infrastructure, is less than 2 miles away. Rochester Public Transit provides hourly bus service.

Parkway, Rochester, MN Home Prices vs. Nearby Neighborhoods

Parkway Pine Ridge Hart Farms Glendale
Median Home Price
$489,900
$549,900
$529,050
$497,500
Median Sale Price
$478,800
+7% YoY
$558,000
-26% YoY
$529,050
+5% YoY
$421,250
-6% YoY
Avg. Price per Square Foot
$235
$196
$200
$184
Median Single Family Price
$479,900
$549,000
$524,100
$362,500
Total Active Listings
6 listings
4 listings
0 listings
4 listings
Market Conditions
16 Months of Supply
Buyer's Market
4 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market

Frequently Asked Questions

Is Parkway a good place to live?
Parkway is a good place to live. Parkway is considered fairly walkable and very bikeable with some transit options. Parkway has 1 park for recreational activities.It has a median age of 40. The average household income is $185,876 which is above the national average. College graduates make up 68.9% of residents. A majority of residents in Parkway are home owners, with 27% of residents renting and 73% of residents owning their home. A local real estate agent serving Parkway can help you decide if this neighborhood is the right one for you. Learn more on our Parkway neighborhood guide.
How much do you need to make to afford a house in Parkway?
The median home price in Parkway is $489,900. If you put a 20% down payment of $98,000 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $2,590 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $111K a year to afford the median home price in Parkway. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Parkway is $186K.
What are the best public schools in Parkway?
The best public schools that serve Parkway are:
What are the best private schools in Parkway?
The best private schools that serve Parkway are:
What are the most popular zip codes in Parkway, Rochester, MN?
The most popular zip codes in Parkway, Rochester, MN include 55902, 55904, 55901, 55906 and 55920.
What are the most popular neighborhoods near Parkway, Rochester, MN?
The most popular neighborhoods near Parkway, Rochester, MN are Historic Southwest, Folwell, Folwell Drive, Slatterly Park and Apple Hill.
Are home prices dropping in Parkway?
Yes, home prices in Parkway are down 5% in the last 12 months.
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