Market Overview
Home Prices in Parkland, FL
The median home value in Parkland, FL is $1,078,188 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% compared to a year ago and down 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Parkland are priced163% above average. Parkland is part of the Miami-Fort Lauderdale-Pompano Beach, FL metro area.
Over the past five years, Parkland home values have risen by approximately37.1%, reflecting strong long-term appreciation in this market.
Price History
Parkland Home Price Trend
City Comparison
Parkland vs. National Median
At $1,078,188, homes in Parkland cost 163% above the national median of $410,000. Buyers in Parkland should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Parkland?
20% Down Payment
$215,638
on $1,078,188
Monthly P&I
$5,623/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,141/mo
incl. taxes & insurance
Income Needed
$285,640
gross annual (30% rule)
10% Down Option
$107,819
+ PMI applies
Loan Amount (20% dn)
$862,550
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 Parkland, FL?
The median home value in Parkland is $1,078,188 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Parkland?
Over the past year, home values in Parkland have decreased by 1.1%. Over five years, prices have risen approximately 37.1%.
How much do I need to earn to buy a home in Parkland?
To comfortably afford the median home price of $1,078,188 with a 20% down payment ($215,638) at today's rates (6.8%), you'd need a gross annual income of approximately $285,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Parkland compare to the national average home price?
The national median home value is approximately $410,000. At $1,078,188, homes in Parkland are 163% above the national average.
What metro area is Parkland part of?
Parkland is part of the Miami-Fort Lauderdale-Pompano Beach, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.