Market Overview
Home Prices in Parks, AZ
The median home value in Parks, AZ is $636,988 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.8% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Parks are priced55% above average. Parks is part of the Flagstaff, AZ metro area.
Over the past five years, Parks home values have risen by approximately28.7%, reflecting strong long-term appreciation in this market.
Price History
Parks Home Price Trend
City Comparison
Parks vs. National Median
At $636,988, homes in Parks cost 55% above the national median of $410,000. Buyers in Parks should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Parks?
20% Down Payment
$127,398
on $636,988
Monthly P&I
$3,322/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,219/mo
incl. taxes & insurance
Income Needed
$168,760
gross annual (30% rule)
10% Down Option
$63,699
+ PMI applies
Loan Amount (20% dn)
$509,590
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Parks, AZ?
The median home value in Parks is $636,988 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.8% year-over-year.
How much have home prices changed in Parks?
Over the past year, home values in Parks have decreased by 1.8%. Over five years, prices have risen approximately 28.7%.
How much do I need to earn to buy a home in Parks?
To comfortably afford the median home price of $636,988 with a 20% down payment ($127,398) at today's rates (6.8%), you'd need a gross annual income of approximately $168,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Parks compare to the national average home price?
The national median home value is approximately $410,000. At $636,988, homes in Parks are 55% above the national average.
What metro area is Parks part of?
Parks is part of the Flagstaff, AZ metropolitan area. Home prices and market conditions can vary across the broader metro region.