Market Overview
Home Prices in Parkerfield, KS
The median home value in Parkerfield, KS is $269,988 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.8% compared to a year ago and up 8.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Parkerfield are priced34% below average. Parkerfield is part of the Winfield, KS metro area.
Over the past five years, Parkerfield home values have risen by approximately42.0%, reflecting strong long-term appreciation in this market.
Price History
Parkerfield Home Price Trend
City Comparison
Parkerfield vs. National Median
At $269,988, homes in Parkerfield cost 34% below the national median of $410,000. This makes Parkerfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Parkerfield?
20% Down Payment
$53,998
on $269,988
Monthly P&I
$1,408/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,788/mo
incl. taxes & insurance
Income Needed
$71,520
gross annual (30% rule)
10% Down Option
$26,999
+ PMI applies
Loan Amount (20% dn)
$215,990
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 Parkerfield, KS?
The median home value in Parkerfield is $269,988 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.8% year-over-year.
How much have home prices changed in Parkerfield?
Over the past year, home values in Parkerfield have increased by 7.8%. Over five years, prices have risen approximately 42.0%.
How much do I need to earn to buy a home in Parkerfield?
To comfortably afford the median home price of $269,988 with a 20% down payment ($53,998) at today's rates (6.8%), you'd need a gross annual income of approximately $71,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Parkerfield compare to the national average home price?
The national median home value is approximately $410,000. At $269,988, homes in Parkerfield are 34% below the national average.
What metro area is Parkerfield part of?
Parkerfield is part of the Winfield, KS metropolitan area. Home prices and market conditions can vary across the broader metro region.