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Parkland, WA - Trinity Lutheran Church 01Photo: Joe Mabel · CC BY-SA 4.0
Housing in Parkland

382 homes sold in Parkland in the last year, at a typical $475K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Parkland homes are listed.

Homes sold
382
October 2025 to September 2026
Typical sale price
$475K
houses $485K · condos $420K (year to May 2026)
Price per square foot
$308
Washington $346
Paid vs. asking
100.4%
41% sold over asking
For sale now
125
September 2026 · 36 sold that month
What sold · last 12 months

3% of Parkland’s sales are condos, at $64K less than a house

298 houses and 12 condos sold in the year to May 2026. Houses sell faster. Condos draw more bidding wars.

Houses$485K

typical sale · 298 sold in the year to May 2026

Per square foot
$318WA $348
Days to sell
25
Sold over asking
44%
Listings with a price cut
31%
Condos$420K

typical sale · 12 sold in the year to May 2026

Per square foot
$308WA $433
Days to sell
45
Sold over asking
50%
Listings with a price cut
71%
Fewer sales

Multi-family (2–4 units): 30 sold, typical $554K
Townhouses: 6 sold, typical $328K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.3 times the 2016 price

382 sales in the last year, against 594 in 2017 and a low of 265 in 2012. The typical sale went from $207K in 2016 to $475K.

Homes soldTypical sale price
0150300450600$225K$350K$475K$600K2012: 265 sold, typical $128K’122013: 329 sold, typical $152K2014: 388 sold, typical $157K’142015: 421 sold, typical $186K2016: 466 sold, typical $207K’162017: 594 sold, typical $235K2018: 533 sold, typical $268K’182019: 464 sold, typical $299K2020: 452 sold, typical $341K’202021: 540 sold, typical $410K2022: 429 sold, typical $443K’222023: 340 sold, typical $427K2024: 346 sold, typical $460K’242025: 340 sold, typical $484KLast 12 months: 382 sold, typical $475KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $500K buys in Parkland

Houseat $318 a sq ft, year to May 2026
Condoat $308 a sq ft, year to May 2026
The same money in Washingtonat $348 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Parkland homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Parkland are rarer than before the pandemic, and more homes are for sale

We read every month of Parkland’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 382 sales.

If you’re buying in Parkland

  • Shop in August. It brings about 51 new listings a month, close to the busiest month, with fewer bidding wars (52% over asking).
  • Bid near asking. Buyers paid 100.4% of the list price on average; 41% paid over.
  • You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 28 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 53 a month), but June is the most competitive: 62% of June sales close over asking. July and August offer nearly as much choice with fewer homes bid up (57%). November has the least competition (44%) but only about 29 new listings.

New listings a monthShare sold over asking
013.827.541.35527%53%80%Sweet spotJan: 30 new listings a month, 47% sold over asking, 30 days to sellJFeb: 33 new listings a month, 47% sold over asking, 32 days to sellFMar: 47 new listings a month, 54% sold over asking, 17 days to sellMApr: 49 new listings a month, 61% sold over asking, 13 days to sellAMay: 53 new listings a month, 61% sold over asking, 11 days to sellMJun: 53 new listings a month, 62% sold over asking, 9 days to sellJJul: 50 new listings a month, 57% sold over asking, 12 days to sellJAug: 51 new listings a month, 52% sold over asking, 12 days to sellASep: 41 new listings a month, 49% sold over asking, 15 days to sellSOct: 40 new listings a month, 47% sold over asking, 19 days to sellONov: 29 new listings a month, 44% sold over asking, 21 days to sellNDec: 22 new listings a month, 46% sold over asking, 21 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Washington

Parkland now2017–192021 peakWA now
Sold over askingShare of sales that closed above the list price41%54%68%25%
Gone within two weeksShare of homes under contract within 14 days44%58%73%38%
Price paid vs. askingAverage sale price ÷ list price100.4%101.6%104.1%99.1%
Days to sellMedian days from listing to contract2817735
Supply

94 homes for sale on a typical day

That’s 3.4 times the 2020 low (28) and 71% more than in 2017–19.

2012: 99 for sale’122013: 85 for sale2014: 112 for sale2015: 93 for sale’152016: 68 for sale2017: 64 for sale2018: 60 for sale’182019: 40 for sale2020: 28 for sale2021: 29 for sale’212022: 48 for sale2023: 40 for sale2024: 47 for sale’242025: 72 for saleLast 12 months: 94 for saleNow
Prices by type

Since 2019, houses are up 61%, condos 77%

A house typically sold for $485K in the year to May 2026 (298 sales), a condo for $420K (12).

$225K$350K$475K$600K2013201520172019202120232025NowHouses 2013: $153K, 292 salesHouses 2014: $159K, 345 salesHouses 2015: $190K, 377 salesHouses 2016: $209K, 426 salesHouses 2017: $238K, 531 salesHouses 2018: $271K, 482 salesHouses 2019: $300K, 416 salesHouses 2020: $341K, 396 salesHouses 2021: $411K, 481 salesHouses 2022: $443K, 378 salesHouses 2023: $432K, 303 salesHouses 2024: $465K, 320 salesHouses 2025: $487K, 291 salesHouses last 12 months: $485K, 298 salesHouses $485KCondos 2013: $132K, 8 salesCondos 2014: $114K, 14 salesCondos 2015: $143K, 12 salesCondos 2016: $160K, 12 salesCondos 2017: $196K, 18 salesCondos 2018: $222K, 12 salesCondos 2019: $238K, 15 salesCondos 2020: $281K, 14 salesCondos 2021: $345K, 8 salesCondos 2022: $395K, 16 salesCondos 2023: $385K, 9 salesCondos 2024: $420K, 9 salesCondos 2025: $413K, 14 salesCondos last 12 months: $420K, 12 salesCondos $420K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Washington

Parkland ranks 20th of 191 busy Washington markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Parkland is one of the state’s hottest markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Parkland home costs about $2,871 a month

Mortgage
Property tax
Insurance
Rent

Price: Parkland’s typical sale, last 12 months. Property tax at Parkland’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Parkland is affordable on local pay is on Cost of living.

Before you buy in Parkland

Six things worth knowing

53

New listings in May

The month with the most choice. December has the fewest, about 22.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $475K home, about $4,710 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Parkland, from test results, graduation and how much students grow.

Schools in Parkland
31 min

Typical commute

The average one-way trip to work for people who live in Parkland.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Spanaway and Summit View sell for less a square foot

The busier markets within 25 miles of Parkland, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lakewood492$518K$31939%23
Spanaway383$498K$28137%30
Parkland382$475K$30841%28
Summit View107$584K$26524%49
Summit91$604K$31924%38
Clover Creek87$552K$29929%34
Midland61$497K$29921%35

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Parkland, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Parkland. People who follow the town see it, and so do people comparing Parkland with their own town. No commission, no listing fee.

Questions about buying a home in Parkland

What do homes sell for in Parkland, WA?

382 homes sold in the year to September 2026 at a typical $475K, $308 a square foot. Houses sold for about $485K, condos for about $420K in the year to May 2026.

Is Parkland a buyer’s or seller’s market?

A seller’s market: 125 homes were for sale in September 2026 and 36 sold, about 3.5 months of supply. Buyers paid 100.4% of asking on average.

When is the best time to buy in Parkland?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Parkland?

About 1% of a home’s value a year. On a $475K home that’s near $4,710.

Where can I see homes for sale in Parkland?

Zillow, Redfin, Realtor.com and Homes.com all carry Parkland’s MLS listings; the search links above open each one filtered to Parkland.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).