Market Overview
Home Prices in Parker, FL
The median home value in Parker, FL is $238,540 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.6% compared to a year ago and down 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Parker are priced42% below average. Parker is part of the Panama City, FL metro area.
Over the past five years, Parker home values have risen by approximately23.4%, reflecting strong long-term appreciation in this market.
Price History
Parker Home Price Trend
City Comparison
Parker vs. National Median
At $238,540, homes in Parker cost 42% below the national median of $410,000. This makes Parker a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Parker?
20% Down Payment
$47,708
on $238,540
Monthly P&I
$1,244/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,580/mo
incl. taxes & insurance
Income Needed
$63,200
gross annual (30% rule)
10% Down Option
$23,854
+ PMI applies
Loan Amount (20% dn)
$190,832
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 Parker, FL?
The median home value in Parker is $238,540 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.6% year-over-year.
How much have home prices changed in Parker?
Over the past year, home values in Parker have increased by 0.6%. Over five years, prices have risen approximately 23.4%.
How much do I need to earn to buy a home in Parker?
To comfortably afford the median home price of $238,540 with a 20% down payment ($47,708) at today's rates (6.8%), you'd need a gross annual income of approximately $63,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Parker compare to the national average home price?
The national median home value is approximately $410,000. At $238,540, homes in Parker are 42% below the national average.
What metro area is Parker part of?
Parker is part of the Panama City, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.