Parkland, WA
Full City Profile · Washington · Pierce County County
3.2
/5.0
B
Good
39,174
Population
4,534/sq mi density
$71,829
Median Income
$32,825 per capita
$382,700
Home Value
$464,187 Zillow
$1,593
Median Rent
34.3% income on rent
52°F
Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$71,829 median income, 6.0% unemployment
B+
Affordability
3.7 / 5.0
$382,700 home value, $1,593/mo rent
C
Education
2.4 / 5.0
17.1% bachelor's degree or higher
Housing Overview
Median Home Value
$382,700
36% above
US avg: $281,900
Median Rent
$1,593/mo
37% above
US avg: $1,163/mo
Homeownership Rate
53.5%
18% below US avg (65.4%)
Total Housing Units
15,047
Median year built: 1979
Home Value by Source
Census Median
$382,700
Zillow (ZHVI)
$464,187
Redfin Median Sale
$460,000
Median Sale Price
$460,000
Median List Price
$519,650
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
53.5%
Owner-Occupied
46.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$1,593/mo
· Zillow rent:
$1,716/mo
Market Indicators (Redfin)
Median Sale Price
$460,000
Median Days on Market
88 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
26
Price Drops
28.1%
of listings with price reduction
Price Per Sq Ft
$277
Active Inventory
82
homes for sale
Affordability & Housing Stock
Rent Burden
34.3%
of renters spending 30%+ of income on housing
11% above US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
53.5%
Complete Housing Data
Home Values
| Census Median Value | $382,700 |
| Zillow Home Value (ZHVI) | $464,187 |
| Redfin Median Sale | $460,000 |
| Median Sale Price | $460,000 |
| Median List Price | $519,650 |
| Price Per Sq Ft | $277 |
Rent
| Census Median Rent | $1,593 |
| Zillow Rent (ZORI) | $1,716 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 88 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.1% |
| Homes Sold | 26 |
| Active Inventory | 82 |
| Price Per Sq Ft | $277 |
Ownership & Stock
| Owner-Occupied | 53.5% |
| Renter-Occupied | 46.5% |
| Homeownership Rate | 53.5% |
| Total Housing Units | 15,047 |
| Median Year Built | 1979 |
| Rent Burden | 34.3% |