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Parkwood, WA

Full City Profile · Washington · Kitsap County County

3.1 /5.0
B Good
6,976 Population 2,673/sq mi density
$92,188 Median Income $40,399 per capita
$418,100 Home Value $550,323 Zillow
$1,746 Median Rent 27.7% income on rent
52°F Avg Temperature 237 sunny days/yr
601 Violent Crime/100K 6,444 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$92,188 median income, 0.7% unemployment
A
Affordability
4.1 / 5.0
$418,100 home value, $1,746/mo rent
F
Safety
1.0 / 5.0
601 violent crimes/100K (58% above avg)
C
Education
2.5 / 5.0
18.4% bachelor's degree or higher

Housing Overview

Median Home Value
$418,100
48% above
US avg: $281,900
Median Rent
$1,746/mo
50% above
US avg: $1,163/mo
Homeownership Rate
62.7%
4% below US avg (65.4%)
Total Housing Units
2,962
Median year built: 1978

Home Value by Source

Census Median
$418,100
Zillow (ZHVI)
$550,323
Median Sale Price
$472,812
Median List Price
$472,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.7%
Owner-Occupied
37.3%
Renter-Occupied
63%
37%
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: $1,746/mo

Market Indicators (Redfin)

Median Days on Market
42 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$234
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
62.7%

Complete Housing Data

Home Values

Census Median Value$418,100
Zillow Home Value (ZHVI)$550,323
Median Sale Price$472,812
Median List Price$472,000
Price Per Sq Ft$234

Rent

Census Median Rent$1,746
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 Market42
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold6
Active Inventory8
Price Per Sq Ft$234

Ownership & Stock

Owner-Occupied62.7%
Renter-Occupied37.3%
Homeownership Rate62.7%
Total Housing Units2,962
Median Year Built1978
Rent Burden27.7%