Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 36,895, 10,408 total housing units (homes and apartments), and a median house value of $1,392,719, Parkland house prices are not only among the most expensive in Florida, Parkland real estate also is some of the most expensive in all of America.
Parkland is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Parkland than is found in 98% of the communities in America.
The large homes that make up Parkland are primarily owner-occupied ( 86.20%).
Parkland homes and real estate are some of the newest in America. 64.59% of Parkland's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Parkland real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 33.89%), and between 1940-1969 ( 1.53%).
Appreciation rates for homes in Parkland have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 110.09%, which ranks in the top 30% nationwide. This equates to an annual average Parkland house appreciation rate of 7.71%.
Appreciation rates are so strong in Parkland that despite a nationwide downturn in the housing market, Parkland real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Parkland appreciation rates continue to be some of the highest in America, at 10.30%, which is higher than appreciation rates in 88.64% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Parkland. Parkland appreciation rates in the latest quarter were at 3.44%, which equates to an annual appreciation rate of 14.50%.
Importantly, this makes Parkland one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Florida, our data show that Parkland's latest annual appreciation rate is higher than 70% of the other cities and towns in Florida.
$1,392,719
for Florida
for nation
10,408
$6,828 / per month