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Advertise here →Parkwood, WA · Market Data
Parkwood, Washington real estate market data.
Real estate market data for Parkwood, WA (Kitsap County) — Census median home value $418,100, county listing prices down about 3.0% over the past year.
Parkwood, WA is in Kitsap County, Washington — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 6,976, with a median household income of $92,188. Census data puts Parkwood's median home value at $418,100 (all owner-occupied homes); Kitsap County's current median listing price runs $677,694, down about 3.0% over the past year.
At a glance
Parkwood market snapshot
Population
6,976
Median Household Income
$92,188
Median Home Value (city)
$418,100
Median Listing Price (Kitsap County)
$677,694
Median Gross Rent
$1,746/mo
Price Trend (YoY)
-3.0%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Parkwood different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Parkwood's median home value — across all owner-occupied homes, not just recent sales — at $418,100. Separately, Kitsap County's current median listing price (via Realtor.com data, 2026-06-01) runs $677,694. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Kitsap County's FHFA house price index shows a 2.71% annual change in 2025.
Population & Income
Parkwood has an estimated population of 6,976 and a median household income of $92,188, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Parkwood's Census-reported median home value works out to about 4.5x the area's median household income, and median gross rent runs roughly 23% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Parkwood FAQ
What are home values like in Parkwood, WA?
The Census Bureau's American Community Survey puts Parkwood's median home value at $418,100. Kitsap County's current median listing price runs $677,694, down about 3.0% over the past year.
What is the population of Parkwood, WA?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Parkwood's population at approximately 6,976.
What's the median rent in Parkwood, WA?
The Census ACS estimates median gross rent in Parkwood at approximately $1,746 per month.
What is the median household income in Parkwood, WA?
Census ACS data puts the median household income in Parkwood at approximately $92,188.
Is the Parkwood housing market growing?
Kitsap County's FHFA house price index shows a 2.71% annual change in 2025.
Is Parkwood, WA affordable relative to income?
Census ACS data puts Parkwood's median home value at about 4.5 times the median household income, with median gross rent equal to roughly 23% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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