Market Overview
Home Prices in Parkville, MO
The median home value in Parkville, MO is $595,774 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Parkville are priced45% above average. Parkville is part of the Kansas City, MO-KS metro area.
Over the past five years, Parkville home values have risen by approximately23.7%, reflecting strong long-term appreciation in this market.
Price History
Parkville Home Price Trend
City Comparison
Parkville vs. National Median
At $595,774, homes in Parkville cost 45% above the national median of $410,000. Buyers in Parkville should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Parkville?
20% Down Payment
$119,155
on $595,774
Monthly P&I
$3,107/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,946/mo
incl. taxes & insurance
Income Needed
$157,840
gross annual (30% rule)
10% Down Option
$59,577
+ PMI applies
Loan Amount (20% dn)
$476,619
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 Parkville, MO?
The median home value in Parkville is $595,774 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Parkville?
Over the past year, home values in Parkville have increased by 3.3%. Over five years, prices have risen approximately 23.7%.
How much do I need to earn to buy a home in Parkville?
To comfortably afford the median home price of $595,774 with a 20% down payment ($119,155) at today's rates (6.8%), you'd need a gross annual income of approximately $157,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Parkville compare to the national average home price?
The national median home value is approximately $410,000. At $595,774, homes in Parkville are 45% above the national average.
What metro area is Parkville part of?
Parkville is part of the Kansas City, MO-KS metropolitan area. Home prices and market conditions can vary across the broader metro region.