Parkland, FL—33076
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 $865,000, with a year-over-year change of -4.2%. 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 | $865,000 | -4.2% |
| Single Family | $885,000 | -4.3% |
| Condos | $432,000 | -5.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $175,000 | -8.9% |
2 Bed | $542,000 | -4.1% |
3 Bed | $559,000 | -5.1% |
4 Bed | $827,000 | -4.1% |
| 5 Bed | $1,203,000 | -3.1% |
% of Housing Stock
Rental Trends — Parkland, FL
As of July '25, Rentcast reports the average rent in Parkland, FL is $5,020, with a year-over-year rent change of 3.7%. Per bedroom, the median rent as of July '25 in Parkland, FL is 1-bedrooms: $1,700, 2-bedrooms: $2,920, 3-bedrooms: $3,930, 4-bedrooms: $5,470. The most common rental property sizes in Parkland, FL are 1-bedroom and 3-bedroom, accounting for 29.9% and 27.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,300 | $5,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,780 | $1,700 |
| 2 Bed Rent | $2,600 | $2,920 |
| 3 Bed Rent | $3,850 | $3,930 |
| 4 Bed Rent | $5,000 | $5,470 |
% 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 72. This is a increase of 36.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $926,000 | -9.0% |
Listing Count | 263 | 3.0% |
| Listings as % of Homes | 1.3% | 3.0% |
Days on Market | 72 | 36.0% |
Demographics — Parkland, FL
As of the latest ACS Survey released in 2023, Parkland, FL has a population of 44,300, which has increased by 20.9% over the past 5 years. Parkland, FL is a popular place for families, as children make up 31.0% of the population. The area has a highly educated workforce, with 60.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,300 | 20.9% |
% Under 18 | 31.0% | 5.1% |
% Seniors | 12.0% | 5.3% |
% WFH | 25.8% | 91.1% |
% w/ College Degree | 60.8% | 5.6% |
As of the latest ACS Survey released in 2023, Parkland, FL is a predominantly white area, with 49.6% of the population identifying as white. The white population has shrunk by 20.6% in the last 5 years. The second most common race or ethnicity in Parkland, FL is hispanic, making up 17.9% of the population. Foreign-born residents account for 23.7% of the population in Parkland, FL, and this percentage has decreased by 4.0% 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 | 49.6% | -20.6% |
% Black | 15.8% | 110.7% |
% Hispanic | 17.9% | -8.7% |
% Asian | 9.5% | 23.4% |
% Foreign Born | 23.7% | -4.0% |
Mortgage and Risk — Parkland, FL
According to HUD data as of 2023, there were 1174 mortgage originations in Parkland, FL, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Parkland, FL. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,174 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Parkland, FL
As of 2024, the percent of homes in Parkland, FL under the Section 8 program is 3.3%. 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. In Parkland, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 85 |
Total Units Section 8 | 85 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,110 | $1,780 | $2,890 |
| 2 Bedroom | $980 | $2,600 | $3,580 |
| 3 Bedroom | $1,090 | $3,850 | $4,940 |
| 4 Bedroom | $1,010 | $5,000 | $6,010 |
Affordability — Parkland, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $865,000 |
| Median Household Income | $175,000 |