Homes For Sale in Parkvale

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Parkvale Real Estate Market FAQs

Last updated Jun 5, 2025

How many real estate listings are currently for sale in Parkvale?

As of today, the Parkvale real estate market currently has 0 detached homes, 0 semi-detached homes, 5 condos, and 0 townhouses, totaling 5 listings in Parkvale.

How many new properties were listed in Parkvale in the last 30 days?

In the last month, Parkvale has 2 new detached homes, 0 new semi-detached homes, 3 new condos, and 1 new townhouses, totaling 6 new properties listed.

How much does a detached home cost in Parkvale?

In the last month, the median sold price for a detached home price in Parkvale is 301750$, which is an decreased of 120.4% on the same period last year.

How much does a condo cost in Parkvale?

In the last month, the median sold price for a condo price in Parkvale is 80000$, which is an decreased of 46.9% on the same period last year.

How much does a townhouse cost in Parkvale?

In the last month, the median sold price for a townhouse price in Parkvale is 327000$, which is an increased of 100.0% on the same period last year.

Population & demographics

Total population

420

Population age (%)

0-19 (13%)20-34 (18%)35-49 (17%)50-64 (20%)65+ (32%)

Household

Average household income

$97,945


Household composition (%)

Single person (54%)Multi person (5%)Single Family (41%)

Owners / Renters (%)

Owners (53%)Renters (47%)

Mother Tongue (%)

English (90%)Others (4%)French (2%)Tagalog (Pilipino, Filipino) (1%)German (1%)

How much does it cost to live in Parkvale?

Detached

Median Selling Price$301,750


Townhouse

Median Selling Price$327,000


Condo

Median Selling Price$80,000


Average Days on Market

59

#Active Listings (May)

4

#Sold Listings (May)

1

Parkvale Review

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance

Greenery & Character

Quiet

4/5

Some sources of noise nearby

Vibrant

1/5

Quiet atmosphere at all hours

Parkvale, Red Deer, offers a commute time of just 90 minutes to Calgary, the nearest major city, providing a balance between small-town charm and big-city access. This neighbourhood is known for its active lifestyle, with an abundance of parks and trails for outdoor enthusiasts, and a vibrant community spirit that encourages participation in local events and activities. Residents love the city's unique blend of urban amenities and natural beauty, with the Red Deer River adding a picturesque backdrop to everyday life. However, don't expect the hustle and bustle of a large metropolis in Parkvale; the pace of life here is relaxed and unhurried, with a focus on quality of life and community connection. This is a place where neighbours know each other by name, and where the sense of community is palpable. In Parkvale, you'll find a welcoming, friendly atmosphere that makes it easy to feel at home.

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