Why Live in Parkwood
Parkwood, located in Shoreline, is a neighborhood characterized by its shady, downhill residential streets and a mix of New Traditional, contemporary, and ranch-style homes with midcentury influences. Homes typically sit on lots averaging 7,000 square feet, with single-family houses ranging from 2,000 square feet and priced between $600,000 and $1.3 million. The area is seeing new development, including townhouses priced from $650,000 to $950,000. Parkwood features several parks, such as Twin Ponds Park with its community garden and turf soccer field, Bitter Lake Reservoir Park with outdoor gym equipment, and Ridgecrest Park, which includes an off-leash dog park and a unique playground. The neighborhood is surrounded by freshwater and saltwater beaches, with Lake Washington and the Puget Sound nearby. Aurora Avenue is a bustling commercial area with local eateries like Saltoro and Aurora Borealis, as well as several Korean and Japanese restaurants. For groceries, residents frequent Town & Country Market and Asian Family Market. Parkwood is car-dependent but well-served by public transportation, including the Sound Transit light rail and several bus systems, with easy access to Interstate 5. The Seattle-Tacoma International Airport is about 24 miles away. Schools in the area, including Parkwood Elementary School, Albert Einstein Middle School, and Shorewood High School, are highly rated and offer a range of programs and extracurricular activities.
Frequently Asked Questions
Is Parkwood a good place to live?
Parkwood is a good place to live. Parkwood is considered car-dependent and somewhat bikeable with good transit options. Parkwood has 5 parks for recreational activities. It has a median age of 42. The average household income is $134,433 which is above the national average. College graduates make up 46.4% of residents. A majority of residents in Parkwood are home owners, with 43.6% of residents renting and 56.4% of residents owning their home. A
local real estate agent serving Parkwood can help you decide if this neighborhood is the right one for you. Learn more on our
Parkwood neighborhood guide.
How much do you need to make to afford a house in Parkwood?
The median home price in Parkwood is $800,000. If you put a 20% down payment of $160,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $3,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $171K a year to afford the median home price in Parkwood. The average household income in Parkwood is $134K.
What are the best public schools in Parkwood?
The best public schools that serve Parkwood are:
What are the best private schools in Parkwood?
The best private schools that serve Parkwood are:
What are the most popular zip codes in Parkwood, Shoreline, WA?
What are the most popular neighborhoods near Parkwood, Shoreline, WA?
Home Trends in Parkwood, WA
On average, homes in Parkwood, Shoreline sell after 45 days on the market compared to the national average of 52 days. The median sale price for homes in Parkwood, Shoreline over the last 12 months is $799,900, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$799,900
Median Single Family Sale Price
$785,000
Median Townhouse Sale Price
$750,000
Average Price Per Sq Ft
$526
Number of Homes for Sale
8
Last 12 months Home Sales
59
Median List Price
$800,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
