Momentum Housing Data · Home Values · Santa Rosa County

Parkwood Commons Home Values: What Homes Actually Sell For

Buying here? See Parkwood Commons homes for sale and the Parkwood Commons community guide (Pace).

Parkwood Commons (Pace, FL): 11 recorded closings in the 12 months ending 2026-08-10, a 12-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.

Median sold price
$321,900
+8.4% vs prior year · window ending 2026-08-10
Median $/sqft
$168
11 recorded closings
Median days to sell
31
from list to contract-to-close record

In the current window, sellers accepted a median 95.6% of original asking; the median sale took 31 days (window ending 2026-08-10).

The 12-year recorded price history

20152026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$321,900$1683195.6%11
2025$296,900$1698596.6%19
2024$308,900$1806199.8%21
2023$349,900$16926100.0%33
2022$326,900$1586100.0%61
2021$239,900$12826101.1%43
2020$221,500$12055100.8%18
2019$196,900$10662100.0%11
2018$190,625$10379100.4%17
2017$177,945—133100.0%14
2016$167,900—8597.8%5
2015$185,000—409100.0%5

Over the recorded series, Parkwood Commons’s median sold price moved from $185,000 (2015) to $321,900 (12 months ending 2026-08-10) — +74% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Parkwood Commons, briefly

The recorded series starts in 2015 at $185,000. The 2020–22 run-up did what it did everywhere — Parkwood Commons’s median moved +66% from 2019 to 2022. Against the 2023 peak of $349,900, the current median stands at -8%. Annual sales volume here has ranged from 0 to 61 closings a year (10-yr average 24.8).

Where Parkwood Commons sales actually landed, 2024–2026

Of the 44 recorded Parkwood Commons closings since 2024, half landed between $286,425 and $311,900 (the middle two quartiles); the lowest recorded sale was $270,000 and the highest $430,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.

Sold price bandShare of closingsSales
Under $275,000
2 (5%)
$275,000 – $300,000
20 (45%)
$300,000 – $325,000
13 (30%)
$325,000 – $350,000
4 (9%)
None and up
5 (11%)

What homes of your size have sold for in Parkwood Commons

The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($188 vs $164) — the usual pattern, since lot, kitchen and baths do not scale with floor area.

Size groupMedian $/sqftMedian soldSold rangeSales
Smaller homes
1,440–1,752 sq ft
$188$279,200$270,000 – $307,90014
Mid-size homes
1,752–1,752 sq ft
$176$307,900$296,900 – $327,90014
Larger homes
1,752–2,409 sq ft
$164$323,900$270,000 – $430,00016

At Parkwood Commons’s $321,900 median and Santa Rosa County’s adopted 12.81 mills (FY2025-26), a home assessed at that price carries roughly $4,120 a year in property tax before exemptions, or about $3,620 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Santa Rosa County tax page.

Selling in Parkwood Commons right now: what the record says

Current asking prices run a median $347,450 against the $321,900 recorded sold median (+8%) — the gap between what sellers hope and what the record shows. The market is carrying about 4.4 months of supply at the current sales pace. Demand check: 20% of Parkwood Commons’s listings are under contract, against 43% for ZIP 32571 and 36% for Santa Rosa County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Momentum’s market-heat index for Parkwood Commons reads 51/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a Parkwood Commons buyer will actually pay; the spread on any single home comes down to size, condition and timing.

What would YOUR Parkwood Commons home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

By submitting, you agree Momentum Realty may contact you by phone, text, or email about your inquiry. Consent is not a condition of any purchase. Message/data rates may apply. Reply STOP to opt out. See our disclosures.

How Parkwood Commons compares with its neighbors

Communities buyers shopping Parkwood Commons are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
Pace Mill Creek$389,000$1772914
Robinson Estates$517,500$168409
Windsor Forest$394,000$174584
Berrybrook Estates$330,000$148327

More Parkwood Commons: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Copyright© 2026 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures