5

Parkway Homes for Sale

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  • /31

    $395,000

    • 3 Beds
    • 2 Baths
    • 1,152 Sq Ft

    1125 7th Ave SW, Rochester, MN 55902

    Turnkey Investment or Move-In Ready Gem in the Heart of Rochester's Southwest Corridor. Opportunity meets charm in this fully updated, income-producing three-bedroom, two-bath ranch-style home situated in one of Rochester's most convenient southwest locations. Whether you're an investor looking to step into a cash-flowing short-term rental or a first-time buyer drawn to the character of a

    Michelle Kalina Lakes Sotheby's International Realty

    1125 7th Ave SW, Rochester, MN 55902
  • /31

    $399,900

    • 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

    $749,000

    • 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
  • /35

    $489,900

    Open Sun 12PM - 2PM
    • 4 Beds
    • 3 Baths
    • 2,240 Sq Ft

    1019 11th St SW, Rochester, MN 55902

    Very charming and updated Mid Century Era raised ranch. Close to Downtown, Apache Mall, Soldiers Field Park, shopping and Mayo Clinic Campus. Well kept, neutral decor, in move-in condition, private backyard with deck, front porch, newer roof. Main floor features: living room with fireplace, eat-in kitchen, dining room, 2 bathrooms (a full bath and a 3/4 bathroom) and 3 bedrooms. The primary

    Nita Khosla Edina Realty, Inc.

    1019 11th St SW, Rochester, MN 55902
  • /34

    $520,000

    • 4 Beds
    • 4 Baths
    • 2,342 Sq Ft

    823 Memorial Pkwy SW, Rochester, MN 55902

    For sale is 823 Memorial Parkway SW, a beautiful 4-bedroom, 4-bathroom home, situated on a magnificent cherry blossom-tree lined street, and offering over 2,300 square feet of living space. Located in Rochester’s very sought after Historic Southwest neighborhood, this home is located near many parks, playgrounds, and lots of trails, and is close to Soldier's Field Golf Course, Downtown Rochester,

    Moe Mossa Savvy Avenue, LLC

    823 Memorial Pkwy 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.

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.
Is Parkway, MN a safe neighborhood?
Parkway, MN is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Parkway?
The median home price in Parkway is $489,950. If you put a 20% down payment of $98,000 and had a 30-year fixed mortgage with an interest rate of 6.47%, your estimated principal and interest payment would be $2,470 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $106K 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 Drive, Apple Hill, Baihly Meadows and Slatterly Park.

Parkway Home Prices vs. Nearby Rochester, MN Neighborhoods

Parkway Pine Ridge Hart Farms Wedgewood Hills
Median Home Price
$489,950
$514,950
$500,000
$408,990
Median Sale Price
$484,400
+8% YoY
$500,000
-25% YoY
$510,000
+2% YoY
$400,000
+7% YoY
Median Single Family Price
$489,950
$524,950
$500,000
$416,000
Total Active Listings
4
3
3
33
Market Conditions
24 Months
Buyer's Market
3 Months
Seller's Market
4 Months
Seller's Market
4 Months
Balanced Market
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