Parkland, FL—33067
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Parkland, FL
Home Price Trends — Parkland, FL
As of Oct '25, the median home price in Parkland, FL is $735,000, with a year-over-year change of -4.0%. This indicates that home prices in Parkland, FL are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $735,000 | -4.0% |
| Single Family | $774,000 | -4.1% |
| Condos | $245,000 | -10.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $193,000 | -8.1% |
2 Bed | $275,000 | -7.7% |
3 Bed | $598,000 | -3.7% |
4 Bed | $753,000 | -4.0% |
| 5 Bed | $1,321,000 | -1.4% |
% of Housing Stock
Rental Trends — Parkland, FL
As of July '25, Rentcast reports the average rent in Parkland, FL is $3,760, with a year-over-year rent change of 19.4%. Per bedroom, the median rent as of July '25 in Parkland, FL is 1-bedrooms: $1,760, 2-bedrooms: $2,290, 3-bedrooms: $3,660, 4-bedrooms: $5,510. The most common rental property sizes in Parkland, FL are 2-bedroom and 1-bedroom, accounting for 37.9% and 23.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,690 | $3,760 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,750 | $1,760 |
| 2 Bed Rent | $2,200 | $2,290 |
| 3 Bed Rent | $3,150 | $3,660 |
| 4 Bed Rent | $5,300 | $5,510 |
% of Rental Stock
Property Listings — Parkland, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Parkland, FL is 70. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $775,000 | 3.0% |
Listing Count | 170 | -2.0% |
| Listings as % of Homes | 1.5% | -2.0% |
Days on Market | 70 | 15.0% |
Demographics — Parkland, FL
As of the latest ACS Survey released in 2023, Parkland, FL has a population of 25,600, which has decreased by -7.7% over the past 5 years. Parkland, FL is a popular place for families, as children make up 26.6% of the population. The area has a highly educated workforce, with 55.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,600 | -7.7% |
% Under 18 | 26.6% | 4.7% |
% Seniors | 14.4% | 30.9% |
% WFH | 16.4% | 121.6% |
% w/ College Degree | 55.7% | 8.8% |
As of the latest ACS Survey released in 2023, Parkland, FL is a predominantly white area, with 53.6% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Parkland, FL is black, making up 17.6% of the population. Foreign-born residents account for 22.9% of the population in Parkland, FL, and this percentage has decreased by 8.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 53.6% | -2.4% |
% Black | 17.6% | 30.4% |
% Hispanic | 17.2% | -24.2% |
% Asian | 5.3% | -26.4% |
% Foreign Born | 22.9% | -8.0% |
Mortgage and Risk — Parkland, FL
According to HUD data as of 2023, there were 388 mortgage originations in Parkland, FL, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Parkland, FL. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 388 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Parkland, FL
As of 2024, the percent of homes in Parkland, FL under the Section 8 program is 2.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Parkland, FL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 44 |
Total Units Section 8 | 44 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $520 | $1,750 | $2,270 |
| 2 Bedroom | $610 | $2,200 | $2,810 |
| 3 Bedroom | $730 | $3,150 | $3,880 |
| 4 Bedroom | -$580 | $5,300 | $4,720 |
Affordability — Parkland, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $735,000 |
| Median Household Income | $132,000 |