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

Housing Market Conditions



Gauge showing Parkland is a seller's market


Difference Since August 2022

Since last year, Parkland has remained a Seller's Market.

Key Takeaway

Parkland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in Parkland, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Parkland have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Parkland was $1,030,000 in August 2023, up 7.3% from last year, and the median price per square foot was $343.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 --
2 $419K$825K
3 $650K$820K
4 $835K$949K
5+ $1.3M$1.3M

Summary: Parkland housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 96.9%, 3 bedroom homes increased by 26.2%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Cities

Coconut Creek
Sunshine Parkway
Coral Springs

Housing Supply

How many homes are available in Parkland, FL?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Parkland real estate market had 78 homes for sale in August 2023, a 13.3% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
2 74
3 1815
4 2728
5+ 3831

Summary: The Parkland housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 18.4%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Parkland, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Parkland in August 2023, down by 13.6% month-over-month. Of the 19 sold homes, 63% were sold under asking, 16% were sold at asking, and 21% were sold over asking.

Days on Market

How long does it take to sell a home in Parkland, FL?

Average Sale Time

Aug 2022Aug 2023CHANGE
19 Days50 Days+158.5%

Summary: Homes in Parkland had an average of 50 days on market in Aug 2023, up by 158.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Parkland are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 19 homes were sold in Parkland; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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Nearby Markets

What housing markets are near Parkland, FL?