Parkwood, CA housing market
The median sale price was $430,000 in May 2026.
Home values, sales, trends and how Parkwood compares with the towns next door — updated as new data is published.
Parkwood at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 46% in 5 years
The federal house price index for the ZIP code around Parkwood rose 46% over the past 5 years, faster than across California (40%). Prices were about flat last year. Carrying the Census median home value forward with that index puts the typical Parkwood home at roughly $384,000 today.
Show as a table
| Year | Change that year | Since 2000 | California since 2000 |
|---|---|---|---|
| 2025 | −0.3% | +214% | +224% |
| 2024 | +4.9% | +215% | +222% |
| 2023 | +2% | +201% | +208% |
| 2022 | +19% | +195% | +203% |
| 2021 | +15% | +149% | +161% |
| 2020 | +4.9% | +116% | +132% |
| 2019 | +5.8% | +106% | +127% |
| 2018 | +5.8% | +95% | +120% |
| 2017 | +7.9% | +84% | +106% |
| 2016 | +8% | +70% | +94% |
| 2015 | +4.5% | +58% | +80% |
| 2014 | +18% | +51% | +70% |
| 2013 | +20% | +28% | +49% |
| 2012 | −1% | +7.1% | +35% |
| 2011 | −5.1% | +8.1% | +35% |
| 2010 | −6.7% | +14% | +44% |
| 2009 | −31% | +22% | +49% |
| 2008 | −27% | +78% | +75% |
| 2007 | −7.3% | +145% | +119% |
| 2006 | +14% | +164% | +129% |
| 2005 | +32% | +131% | +107% |
| 2004 | +27% | +75% | +65% |
| 2003 | +17% | +37% | +36% |
| 2002 | +13% | +18% | +24% |
| 2001 | +3.8% | +3.8% | +12% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 93637, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Parkwood and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Parkwood | — | −0.3%† | $1,390 | — | $61,645 |
| Madera | $426K | +2.7% | $1,390 | 99 | $63,933 |
† FHFA price index change, where Zillow has no home value for the town.
3.9 years of income
The typical Parkwood home costs about 3.9 years of the town's median household income, less than across California (7.7 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,390
HUD's Fair Market Rent for a two-bedroom in Parkwood is $1,390 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Parkwood pay a median of $1,536. A two-bedroom takes about 27% of the town's median household income.
Studio $1,070 · 4 bedrooms $2,300
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (93637; Madera County, CA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.