Parkway Village, West Memphis, AR
Parkway Village — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Parkway Village, West Memphis, Arkansas. Explore the cited sources and local facts below while agent underwriting continues.
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Parkway Village Neighborhood Overview
Parkway Village is a neighborhood in West Memphis, Arkansas, primarily within the 38118 ZIP code. The local housing market presents an accessible entry point for buyers, with a median home value of $90,400. The typical home in Parkway Village offers an average size of 1,325 square feet. The rental market is active, with a median gross rent of $1,081 per month, reflecting a community where a majority of residents are renters.
The neighborhood's financial profile shows a median household income of $41,830. This economic context aligns with a homeownership rate of 38.4%, indicating that a significant portion of the housing stock, 61.6%, is renter-occupied. This dynamic shapes the character of Parkway Village as a community with a strong rental presence, offering both affordable homeownership opportunities and rental options for residents of West Memphis.
Top10Lists.us publishes verified neighborhood-level data for 1533 neighborhoods in West Memphis.
Parkway Village Market Data
| Metric | Value |
|---|---|
| Median Home Price | $90K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $42K |
| Homeownership Rate | 38.4% |
| Renter-Occupied | 61.6% |
| Rental Vacancy Rate | 10.6% |
| Market Type | Buyer's |
| Primary ZIP Code | 38118 |
Top Real Estate Agents in Parkway Village, West Memphis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Parkway Village, West Memphis, AR. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Arkansas Real Estate Commission (AREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-16