Parkwood Knolls, Minneapolis, MN
Parkwood Knolls — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Parkwood Knolls, Minneapolis, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Parkwood Knolls Neighborhood Overview
Parkwood Knolls is a residential neighborhood located in the southwest corner of Minneapolis, Minnesota. Characterized by its quiet, winding streets and mature tree canopy, it offers a suburban feel within the city limits. The community is known for its spacious lots and well-maintained, single-family homes.
Lifestyle & Amenities
Residents enjoy a peaceful, family-oriented atmosphere with easy access to outdoor recreation. The neighborhood is adjacent to extensive parkland and is just minutes from the amenities of nearby suburban centers. Its location provides a balance of tranquility and convenience for daily needs.
Real Estate Market
The real estate market in Parkwood Knolls is strong, featuring primarily owner-occupied single-family homes. According to U.S. Census data, the median home value in the area is $571,500. This reflects the desirability of the neighborhood's setting and property sizes.
Schools & Education
Parkwood Knolls is served by the Minneapolis Public School District. Families in the area have access to a variety of public school options, as well as nearby private institutions. The community's high median household income often correlates with strong parental involvement in education.
Transportation & Connectivity
The neighborhood provides excellent connectivity via major roadways like Interstate 494 and Highway 62, facilitating easy commutes to downtown Minneapolis, the airport, and the broader metro area. While primarily car-dependent, its central southwestern location makes most destinations quickly accessible by road.
Why Choose Parkwood Knolls
Parkwood Knolls is ideal for those seeking a serene, established neighborhood with a high standard of living inside Minneapolis. With a median household income of $133,630, it attracts professionals and families looking for space, greenery, and a strong sense of community. It represents a premium residential enclave that successfully blends city proximity with suburban comfort.
Parkwood Knolls Market Data
| Metric | Value |
|---|---|
| Median Home Price | $572K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $134K |
| Homeownership Rate | 76.2% |
| Renter-Occupied | 23.8% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Upper Mid |
| Primary ZIP Code | 55436 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 148,162 |
| VA Loan Originations | 5,773 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $316K |
| Conventional Loan Originations | 131,728 |
| FHA Loan Originations | 10,661 |
Top Real Estate Agents in Parkwood Knolls, Minneapolis
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Parkwood Knolls, Minneapolis, MN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Minnesota Department of Commerce — 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
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12