Parkwood Add. No.5 — satellite viewParkwood Add. No.5 — street view
Subdivision7.5 acres

Parkwood Add. No.5

Strong schools draw families here

🏙️5 mito Downtown GR
🏞️29 mito Lake Michigan
🌳Top 23% park access
GR

Questions about Parkwood Add. No.5?

Grand Rapids Real Estate Co.

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🎓Schools
38

Below average schools

  • Wyoming Public Schools
  • 28 rated schools nearby
  • Best nearby: 7/10
💰Home Values

$308K median

  • 2 recent sales
  • $67K median household income
  • 67% owner-occupied
🌲Nature & Outdoors

Park-rich area

  • 7 parks within 1 mile
  • Chateau Estates Area Trail: 12 min bike
  • Kent Trails: 6 min drive

Parkwood Add. No.5 is a tight 8-acre subdivision where lots run about a fifth of an acre—the kind of footprint that keeps things compact and walkable, with a restaurant a quick five-minute stroll away and forty-eight more within a mile if you're willing to roam a little farther. The neighborhood feeds into Wyoming Public Schools and sits within the Woodview Plat Area, positioning it roughly ten minutes from downtown Grand Rapids, which means you're close enough to the city without living in it. Homes here hover around $305K, and there's real density of options nearby—thirty grocery stores within two miles, seven parks in the immediate vicinity, and a transit stop five minutes on foot, so you're not exactly roughing it on the suburban fringe.

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Grand Rapids Real Estate Co.

Local real estate specialists

Questions about Parkwood Add. No.5? Our team can help with availability, schools, and what it's really like to live here.

Mortgage Calculator

Median home price in Parkwood Add. No.5

Estimated Monthly Payment

$2,088/mo

$
$61,500
20%
%
Get Pre-Approved with Guild Mortgage
Jon Hazeltine

Guild Mortgage

Loan officer: Jon Hazeltine · NMLS #2574218

Company NMLS #3274 · Licensed in MI

The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.

Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access

Your Budget in Parkwood Add. No.5

Median home price: $307,500

Within reach

Your budget of $255,467 covers many homes here — Parkwood Add. No.5 has options below median too

Tip: Adjusting your down payment or reducing debt can expand your range.

$

Car loans, student loans, credit cards, etc.

$
20%

$1,070/mo

Median Rent

2 sold in the past 12 months — homes here go fast

Nearby Schools

3.8
/10 avg
Below average schools

Based on 28 rated schools nearby

Range: 1/10 to 7/10

Elementary

19

K-5 nearby

Middle

6

6-8 nearby

High School

8

9-12 nearby

School District: Wyoming Public Schools

5Wyoming High SchoolHigh · 09-12 · 1,284 students · 22:1 · 0.0 mi
5Oriole Park Elementary SchoolElementary · PK-04 · 289 students · 13:1 · 0.0 mi
3Wyoming IntermediateMiddle · 05-06 · 573 students · 17:1 · 0.0 mi
3Wyoming Junior High SchoolMiddle · 07-08 · 578 students · 17:1 · 0.0 mi

At a Glance

Recent Sale Price

$308K

2 recent sales

Parcels / Units

30

Median Lot Size

0.19 ac

0.18 ac – 0.30 ac

Median Income

$67K

Household

Environment & Amenities

Flood Risk

None

Not in flood zone

Nearest Park

40th street Park

0.5 mi

Parks Nearby

7

within 1 mile

2 sold in the past 12 months — homes here go fast

Data sources: parcels, sales, schools · Updated 4/23/2026