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Parklea Addition

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Texas
$387K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
1
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$179K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
201920242026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
201920242026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
201920242026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
201920242026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
201920242026
Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
201720192022202320252026

Housing Stock

HomesHow many homes we have records for in this area.377
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$179K
Median sizeThe middle home size here, measured in square feet.1,170 ft²
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1952
Single familyThe share of homes here that are single-family houses.100%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.64%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.7%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.77%
Company ownedThe share of homes owned by a company or trust instead of a person.11%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.28%
Typical ownership tenureHow long the typical owner here has held their home.16.7 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.111
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.104
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.36

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.1,035
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,178 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$60K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$62K
Average tempThe average temperature here across a full year.64°F
Annual precipHow much rain and melted snow falls here in a typical year.15 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.73%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Parklea Addition compares

By median home value, Parklea Addition is the 85th most expensive of 99 neighborhoods in Midland County, and its typical home is worth more than 11% of all homes in Midland County.

Home values in Parklea Addition

Share of homes at each estimated value.

Median
$93K$300K
neighborhoods in Midland County ranked by median home value
#Midland CountyMedian valueHomes
1Mockingbird Heights$868K264
2Green Tree$694K796
3Country Sky$663K140
4Woodland Park$656K233
5Grassland Estates$625K735
6Skyline Development$563K141
7Greathouse$553K282
8Saddle Club$552K443
9Briarwood$534K290
10Mayfield Place$523K163
11University Park$500K113
12Trinity$486K480
13Heritage Oaks$482K134
14Berkshire$475K118
15Green Hill Terrace$469K266
16Club Estates$468K131
17Polo Park$466K283
18Ma-Mar$465K218
19Grafaland$430K139
20Goddard Heights$419K221
21Crestgate$418K581
22Fair Oaks Estates$418K144
23Urbandale$411K219
24Highland Park Townhouses$408K157
85Parklea Addition$179K377

99 neighborhoods in Midland County are ranked; the most valuable are listed here.

About the Parklea Addition market

What is the median home price in Parklea Addition, TX?

The median sale price in Parklea Addition, TX is $387,030 (data through April 2026), based on deeds recorded with the county.

How many homes sell in Parklea Addition, TX each year?

1 homes sold in Parklea Addition, TX over the last 12 months (data through April 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Parklea Addition, TX?

Parklea Addition, TX contains 377 residential properties, with a median of 1,170 square feet, built around 1952. The median TopHap Estimate is $179K.

How does Parklea Addition, TX compare to the rest of Midland County?

By median home value, Parklea Addition, TX is the 85th most expensive of 99 neighborhoods in Midland County. Its typical home is worth more than 11% of all homes in Midland County. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Parklea Addition, TX?

77% of homes in Parklea Addition, TX are owner-occupied. 11% are held by a company rather than an individual.

How much equity do owners in Parklea Addition, TX hold?

64% of mortgaged homes in Parklea Addition, TX are equity-rich, meaning the loan balance is under half the home's value. 1.7% owe more than the home is worth.

Nearby markets

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