Why Live in Parkwood
Parkwood in Northeast Springfield is a business and industrial district with residential pockets and green spaces. The neighborhood is characterized by its proximity to manufacturing plants, corporate offices, and retailers, yet maintains a sense of tranquility. Main roads like Kearney Street and Glenstone Avenue intersect here, lined with hotels, retailers, and restaurants. Notable dining options include Fire & Ice Restaurant & Bar, located in the Oasis Hotel & Convention Center, and Echelon Coffee, known for its specialty lattes and pastries. Big box retailers such as Walmart and Aldi cater to essential shopping needs. Parkwood also features attractions like BigShots Golf, where visitors can enjoy food, drinks, and a driving range. The neighborhood is home to the Bass Pro Shop Base Camp and several manufacturing plants, including those of Pepsi and French's, providing local employment opportunities. Residential areas are concentrated in the west end, featuring ranch-style homes from the 1940s to 1970s on quarter-acre lots. These homes typically offer 1,200 to 1,300 square feet of living space, with two to three bedrooms and attached two-car garages. Parkwood Park, with its playground and open grassy field, is easily accessible, while Valley Water Mill Park, located 4 miles north, offers a 13-acre lake and nature trail. The neighborhood is about a 5-mile drive from Downtown Springfield, with public buses available from Kearney Street and Glenstone Avenue. Interstate 44 runs along the north side, facilitating travel to St. Louis and Tulsa.
Home Trends in Parkwood, MO
On average, homes in Parkwood, Springfield sell after 77 days on the market compared to the national average of 69 days. The median sale price for homes in Parkwood, Springfield over the last 12 months is $550,000, up 18% from the median home sale price over the previous 12 months.
Median Sale Price
$550,000
Median Single Family Sale Price
$1,295,000
Median Townhouse Sale Price
$348,490
Average Price Per Sq Ft
$297
Number of Homes for Sale
5
Last 12 months Home Sales
5
Median List Price
$464,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
18%
