
Parkway Lakes, TX Housing Market
$386,774
2.8% 1-yrThe average Parkway Lakes, TX home value is $386,774, down 2.8% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Parkway Lakes Key Takeaways
Typical Home Values: $386,774
1-Year Value Change: -2.8%
(Data through August 31, 2026)
Parkway Lakes Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Grand Meadow$328,330
- Lost Creek$328,037
- Lakes of Bella Terra$417,434
- Lakemont$349,871
- Cinco Forest$705,097
- Long Meadow Farms$460,490
- Fountain View$417,505
- Fieldstone$386,511
- Grand Mission$370,196
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Parkway Lakes Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Richmond, TX?
The neighborhoods with the highest median home values in Richmond, TX include: Texana Plantation ($935,482), Aliana ($577,527), Old Orchard ($480,063), Long Meadow Farms ($460,490), Lakes of Bella Terra ($417,434).
What are the most affordable neighborhoods in Richmond, TX?
The neighborhoods with the lowest median home values in Richmond, TX include: Twin Oaks ($297,588), Bradford Park ($299,059), West Oaks ($309,716), Camellia ($314,764), Waterview ($320,853).
Which Richmond, TX neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Richmond, TX include: Texana Plantation (2.1%).

