Home prices
The value of the median home in Parkwood is $266,900. It is approximately $15,500 (5%) lower compared to other places in this area.Compared to the entire country it is approximately $49,400 (22%) higher, and compared to the city of Seattle it is about $396,200 (59%) lower.
Rents
Parkwood's median monthly rent is $1,154. In comparison to nearby areas this is about $208 (15%) lower.Compared to the rest of the nation it is about $92 (8%) higher, and it is approximately $460 (28%) lower compared to the city of Seattle.
Nearby places
East Port Orchard
East Port Orchard is Parkwood's neighbor to the southwest. The housing prices there are somewhat less expensive. The median home cost in East Port Orchard is $234,300, which works out to $32,600 (13%) lower than Parkwood. Rent there is a bit more expensive. The median monthly rent in East Port Orchard is $1,297, which is $143 (11%) higher than Parkwood.
Bethel
Bethel is Parkwood's neighbor to the south. Its real estate prices are pretty similar. The median home in Bethel costs $264,400, which is very similar to Parkwood. The rent there is somewhat more expensive. The median monthly rent in Bethel is $1,233, which comes out to $79 (6%) higher than Parkwood.
Port Orchard
Port Orchard is Parkwood's neighbor to the west. The real estate prices there are somewhat more expensive. Port Orchard's median home price is $324,200, which is $57,300 (17%) higher than Parkwood. Rents there are a little more expensive. Port Orchard's median monthly rent is $1,225, which comes out to $71 (5%) higher than Parkwood.
Manchester
Manchester is roughly 2 miles northeast of Parkwood. Its housing prices are a bit more expensive. The median home in Manchester costs $290,500, which is $23,600 (8%) higher than Parkwood. Rents there are somewhat more expensive. The median monthly rent in Manchester is $1,387, which works out to $233 (16%) higher than Parkwood.
Southworth
Southworth is approximately 2 miles east of Parkwood. Its housing prices are a bit more expensive. Southworth's median home cost is $298,600, which comes out to $31,700 (10%) higher than Parkwood. Its rents are a bit more expensive. The median rent in Southworth is $1,669 a month, which comes out to $515 (30%) higher than Parkwood.