Parkwood is a Far Northeast neighborhood of 1960s rowhomes near the Bucks County line, and right now very few homes are for sale. The figures on this page come from Bright MLS sales that listing agents placed in the Parkwood neighborhood. Philadelphia neighborhood lines are informal, so a handful of nearby sales tagged with a neighboring name or simply Philadelphia are not counted here. See the Philadelphia community page for the citywide picture.
What the Parkwood Numbers Mean
Parkwood had 73 sales in the six months through September at a $340,000 median. Half went under contract within 8 days, the average took 22, and homes sold for an average of 100.3 percent of list price. Of those sales, 29 closed above list and 22 closed right at it. As of early October, 9 homes were for sale and 17 were under contract.
Every Parkwood sale was a row or an end unit. Rows were 58 of the 73 sales at a $339,950 median, and end units were 15 sales at $370,000. End units went under contract faster, a 6 day median against 10, and averaged 100.9 percent of list.
By bedroom count, three bedroom homes closed at a $340,000 median and four bedrooms at $365,000. Most Parkwood homes sold with three bedrooms, which makes those the easiest to price from recent sales.
Where Parkwood Prices Land
By price, 1 sold under $200,000, 6 sold between $200,000 and $299,999, 63 sold between $300,000 and $399,999 and 3 sold between $400,000 and $499,999. The $300,000 to $399,999 range held 63 of the 73 sales, so that is where most buyers in Parkwood are shopping.
Where Is Parkwood? County, City, and ZIP
Parkwood sits in the Far Northeast, inside the City and County of Philadelphia. Every Parkwood sale carries the 19154 ZIP code. Knights Road and Academy Road run through the neighborhood, Poquessing Creek forms the city line with Bucks County, and Philadelphia Mills is nearby.
Because Parkwood is a city neighborhood, there is no borough or township to sort out. Every home pays Philadelphia real estate tax, and the line between Parkwood and the next neighborhood is a matter of local habit. That is why these figures use the MLS neighborhood label rather than the ZIP code.
What Is It Like to Live in Parkwood, PA?
Of the 73 homes sold, 70 had a basement and 36 had a garage. The median home was built in 1963 and has about 1,360 square feet.
Roosevelt Boulevard and Interstate 95 are both close. Shopping is at Philadelphia Mills and along Knights Road, and Poquessing Creek has wooded trails along the city line.
Streets and Home Types in Parkwood
Parkwood does not have named subdivisions the way a suburban township does. The market sorts itself by home type instead, and each type has its own buyer.
Rowhomes
Rowhomes are the core of Parkwood, 58 sales at a $339,950 median and about 1,360 square feet, almost all with three bedrooms. Air lite layouts lead, and 31 of the 58 had a garage. Sweet Briar, Belgreen, Richton and Medford roads were among the busiest.
End of Row Homes
End of row homes made up 15 sales at a $370,000 median, a premium over interior rows. The top sale in Parkwood was a 1965 end unit on Verda Drive at $405,000.
What Kinds of Homes Are for Sale in Parkwood?
As of early October, 9 Parkwood homes were for sale: eight rowhomes and one detached home. The median asking price was $339,900, about $100 below the six month closed median.
New Construction in Parkwood
Parkwood is built out. None of the 73 closed sales was marked new construction, and there is no builder community here. Buyers who want a new home usually look at the new construction communities we track in the suburbs.
School District of Philadelphia
Parkwood is in the School District of Philadelphia. Philadelphia sends one real estate tax bill, and part of it funds the school district. The district assigns schools by address and can change those assignments, so confirm with the district for any home you are considering.
What Buyers Should Know Right Now
Supply is the challenge. Parkwood had only 9 homes for sale in early October against 17 under contract, and 29 of the 73 homes sold above list. Have your financing ready and expect competition on anything priced right.
What Sellers Should Know Right Now
This is a strong time to sell in Parkwood. Only 9 homes were for sale in early October, and the average home sold for 100.3 percent of list. End units did even better, at 100.9 percent. Price close to recent sales, and a clean home can draw more than one offer. Our guide to selling your Parkwood home covers pricing, timing, and how a cash offer compares to listing.
Frequently Asked Questions About Parkwood PA Homes for Sale
How much do homes cost in Parkwood?
The median Parkwood sale was $340,000 from April through September 2026, based on Bright MLS sales listed in the Parkwood neighborhood. By type, the medians were rowhomes at $339,950 and end of row homes at $370,000. Sales ranged from $150,000 to $405,000.
How fast do homes sell in Parkwood?
Half of the Parkwood homes that sold from April through September 2026 went under contract within 8 days. The average was 22 days.
Is Parkwood near Bucks County?
Yes. Parkwood is in the Far Northeast, and Poquessing Creek along its edge is the city line with Bucks County. Homes in Parkwood pay Philadelphia real estate tax.
What school district serves Parkwood?
Parkwood is in the School District of Philadelphia. Part of every Philadelphia real estate tax bill funds the school district. The district assigns schools and can change those assignments, so check with the district for a specific address.
Is there new construction in Parkwood?
No. None of the 73 Parkwood sales from April through September 2026 was marked new construction. Nearly every home here is a resale.
Ready to Find Your Parkwood Home?
Looking at nearby neighborhoods too? See our guides to Torresdale and Somerton. See every Parkwood home for sale, or call us at 267-458-2438. Let’s talk.
Thinking About Buying or Selling in Parkwood?
Get a real number on the home you own, see everything for sale in Parkwood, or reach us right now. We will tell you what we would do if it were ours.