The story of this market
The typical home in Parkland, Florida sells for about $983,000, or $385 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $3,157 a month.
Monthly price momentum
Home values since 2015
+1%
FL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Parkland, Florida
Parkland's housing market remains robust, driven by its reputation for safety, high-quality schools, and affluent demographic profile. While inventory is limited and price growth has moderated, the city continues to attract high-income buyers, maintaining strong property values. The market is characterized by low turnover and high demand for single-family homes, reflecting the city's status as a premier residential destination.
No ARED county foreclosure postings attributed to Parkland yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved up 1.2% year over year.
Homes spend a median of 58 days on market with 4.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 3.1% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major community park featuring extensive sports fields, playgrounds, and walking paths that serve as a central hub for youth athletics.
Reflects the city's rural heritage, offering riding arenas and trails that are unique to the area and highly valued by residents.
A large-scale park offering amphitheaters, sports facilities, and nature trails, contributing significantly to the city's 'park-like' appeal.
Parkland is ideal for affluent families and professionals who prioritize safety, top-tier schools, and a quiet, suburban lifestyle. It is less suited for those seeking urban density or proximity to public transit, but highly attractive to long-term homeowners and those looking for luxury residential environments.
The city is served by highly-rated public schools within the Broward County Public Schools system, which are a primary driver of local property demand. Schools in the area are frequently recognized for academic excellence and robust extracurricular programs, making the city a top destination for families.
The city is served by the Sawgrass Expressway, which provides the primary arterial connection to the regional highway network. Public transportation is minimal, and the commute profile is dominated by private vehicle usage for travel to regional employment centers.
The city features an extensive amenity base centered on its nine public parks, equestrian trails, and sports complexes. These facilities, along with proximity to regional golf courses and shopping districts in neighboring Coral Springs, support a high quality of life and sustain property values.
The rental market is characterized by high-end single-family home leases, with limited inventory and strong demand from families seeking access to local schools. Vacancy pressure remains low, and the market is less influenced by short-term rentals due to strict local regulations.
The local economy is primarily service-oriented, supported by the city's affluent residential base and proximity to the broader Broward County commercial market. Major employment sectors include education, healthcare, and professional services, with many residents working in the nearby corporate corridors of Coral Springs and Fort Lauderdale.
Parkland is largely built-out, with development momentum focused on high-end residential infill and the maintenance of its 'park-like' character. Economic activity is primarily driven by its status as an affluent bedroom community, with residents commuting to major employment hubs in Broward and Palm Beach counties.
Development planning is strictly managed to preserve the city's low-density, residential character. Current efforts are focused on infrastructure maintenance and the enhancement of existing public amenities rather than large-scale commercial expansion.
Parcels in Parkland are subject to various special districts, including those for water management, fire rescue services, and school district funding. These assessments are typically included in the annual property tax bill.
Parkland consistently ranks as one of the safest cities in Florida, with crime rates significantly lower than both the state and national averages. The city maintains a strong focus on community policing and public safety, contributing to its reputation as a secure residential enclave.
As a South Florida municipality, Parkland faces risks associated with tropical storms and hurricanes, necessitating comprehensive windstorm insurance coverage. The city has implemented strict building codes and drainage management to mitigate flood risks, though insurance premiums remain a significant factor in the cost of homeownership.
The property insurance market in Parkland is influenced by regional hurricane risk, leading to higher-than-average premiums. Market health is stable, though homeowners face ongoing pressure from rising replacement costs and insurer risk-mitigation requirements.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau QuickFacts and ACS 5-year estimates for Parkland city, Florida.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.