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Parkwood Hill

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Texas
$345K
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.
10
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$376K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 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
20232026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
20232026
Sale premium vs estimated valueHow sale prices compare with our estimated values at the time of sale. Above the dashed line, homes sold for more than the models expected — a sign of competitive bidding. Below it, buyers paid under model value.Premium
20232026
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
20232026
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
20232026
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
20232026
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
20162017201820192020202120242026

Housing Stock

HomesHow many homes we have records for in this area.1,035
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$376K
Median sizeThe middle home size here, measured in square feet.2,264 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.2001
Single familyThe share of homes here that are single-family houses.88%

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.0.7%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.80%
Company ownedThe share of homes owned by a company or trust instead of a person.16%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.40%
Typical ownership tenureHow long the typical owner here has held their home.11.2 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.7
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.108
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.20

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.99%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.26%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.1.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.3,932
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.6,250 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$121K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$140K
Average tempThe average temperature here across a full year.65°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.64%

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 Parkwood Hill compares

By median home value, Parkwood Hill is the 235th most expensive of 661 neighborhoods in Tarrant County, and its typical home is worth more than 63% of all homes in Tarrant County.

Home values in Parkwood Hill

Share of homes at each estimated value.

Median
$251K$524K
neighborhoods in Tarrant County ranked by median home value
#Tarrant CountyMedian valueHomes
1Vaquero$4.8M286
2Westover Hills$3.2M279
3Montserrat$1.9M194
4Cambridge Place$1.9M151
5Monticello$1.8M221
6Southlake Town Square$1.8M107
7Edward Ranch$1.8M209
8Park Hill$1.6M138
9Wildwood Keller$1.6M122
10Versailles$1.6M147
11Oak Tree Estates Southlake$1.6M124
12Timarron$1.5M1,330
13Colonial Hills$1.4M289
14Chapel Downs$1.4M183
15Mira Vista$1.3M943
16Timber Lake$1.3M306
17Overton Woods$1.3M291
18Cross Timber Hills$1.3M210
19Brook Meadows$1.3M250
20South Ridge Lakes$1.2M479
21Stone Lakes$1.2M334
22Caldwell's Creek$1.2M141
23Crestline$1.2M691
24Myers Meadow$1.1M288
235Parkwood Hill$376K1,035

661 neighborhoods in Tarrant County are ranked; the most valuable are listed here.

About the Parkwood Hill market

What is the median home price in Parkwood Hill, TX?

The median sale price in Parkwood Hill, TX is $344,787 (data through July 2026), based on deeds recorded with the county.

How many homes sell in Parkwood Hill, TX each year?

10 homes sold in Parkwood Hill, TX over the last 12 months (data through July 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 Parkwood Hill, TX?

Parkwood Hill, TX contains 1,035 residential properties, with a median of 2,264 square feet, 3 bedrooms, built around 2001. The median TopHap Estimate is $376K.

How does Parkwood Hill, TX compare to the rest of Tarrant County?

By median home value, Parkwood Hill, TX is the 235th most expensive of 661 neighborhoods in Tarrant County. Its typical home is worth more than 63% of all homes in Tarrant County. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Parkwood Hill, TX?

80% of homes in Parkwood Hill, TX are owner-occupied. 16% are held by a company rather than an individual.

How much equity do owners in Parkwood Hill, TX hold?

64% of mortgaged homes in Parkwood Hill, TX are equity-rich, meaning the loan balance is under half the home's value. 0.7% owe more than the home is worth.

Nearby markets

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See every recorded sale, price heat map, school zone and flood overlay across Parkwood Hill in TopHap’s interactive 3D map.

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