Parkwood Add. No.5
Solid value in a growing area
Median $309K·Walkability 4.0/10·Schools 4.1/10
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.
Why people love it here
$309K median
- 2 recent sales
Park-rich area
- 35 parks within 1 mile
- Oriole Park: 12 min walk
- 40th street Park: 13 min walk
Mortgage Calculator
Median home price in Parkwood Add. No.5
Estimated Monthly Payment
$2,094/mo
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
Recent Sale Price
$309K
2 recent sales
Parcels / Units
30
Median Lot Size
0.19 ac
0.18 ac – 0.30 ac
Flood Risk
None
Not in flood zone
Nearest Park
40th street Park
0.5 mi
Parks Nearby
35
within 1 mile
Walkability
Fair
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Frequently asked about Parkwood Add. No.5
- What do homes cost in Parkwood Add. No.5?
- The median home value in Parkwood Add. No.5 is about $308,500. Individual prices vary by street, size, and condition.
- How active is the Parkwood Add. No.5 housing market?
- no homes are listed in Parkwood Add. No.5 right now, and 2 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Parkwood Add. No.5?
- Parkwood Add. No.5 is served by Wyoming Public Schools. Its highest-rated assigned school is Oriole Park Elementary School (5/10).
- Is Parkwood Add. No.5 walkable?
- Parkwood Add. No.5 scores 4.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.