Niceville, FL - Parkwood, Niceville, FL

Niceville, FL - Parkwood — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for Niceville, FL - Parkwood, Niceville, Florida. Explore the cited sources and local facts below while agent underwriting continues.

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Niceville, FL - Parkwood Neighborhood Overview

Parkwood is a well-established residential neighborhood within the city of Niceville, Florida. Characterized by its quiet, tree-lined streets and a strong sense of community, it offers a suburban lifestyle with convenient access to the broader amenities of the Emerald Coast. The area is popular with families, professionals, and military personnel from nearby Eglin Air Force Base.

Lifestyle & Amenities

Residents enjoy a peaceful, family-oriented atmosphere with nearby access to parks, shopping, and dining in downtown Niceville and Valparaiso. The neighborhood's location provides relatively quick drives to the white-sand beaches of Destin and the recreational opportunities of the Choctawhatchee Bay. Community events and local businesses foster a close-knit environment for those who call Parkwood home.

Real Estate Market

The real estate market in Parkwood features primarily single-family homes, with a high homeownership rate of 76%. The median home value is $386,300, with a typical price per square foot around $273. Homes in this desirable neighborhood tend to sell at a measured pace, with an average of 233 days on the market.

Schools & Education

Parkwood is served by the highly regarded Okaloosa County School District. Students typically attend schools within the Niceville school zone, which are known for their strong academic performance. The area's above-average median household income of $101,422 reflects a community that values and supports educational excellence.

Transportation & Connectivity

The neighborhood is conveniently located near major roadways like State Road 20 and Highway 85, providing straightforward commutes to Eglin Air Force Base, Hurlburt Field, and the region's employment centers. While primarily car-dependent, the area offers good connectivity to the Mid-Bay Bridge for faster access to Destin and the southern parts of Okaloosa County.

Why Choose Niceville, FL - Parkwood

Parkwood is an excellent choice for those seeking a stable, family-friendly community with a strong local identity. It combines the affordability and space of suburban living with the perks of being near top-rated schools, military bases, and the Florida Gulf Coast. The neighborhood's established feel and high rate of homeownership make it a solid and desirable place to put down roots.

Niceville, FL - Parkwood Market Data

MetricValue
Median Home Price$386K
Median Gross Rent$2K/mo
Median Household Income$101K
Homeownership Rate76.2%
Renter-Occupied23.8%
Rental Vacancy Rate12.4%
Market TypeBuyer's
Market TierUpper-Mid
Primary ZIP Code32578

Top Real Estate Agents in Niceville, FL - Parkwood, Niceville

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