Parkwood Homes under $500,000

Parkwood Homes under $500,000

Welcome to Parkwood, a charming and vibrant subdivision nestled in the heart of Philadelphia, Pennsylvania. Known for its friendly community atmosphere and convenient amenities, Parkwood is an ideal place for families, young professionals, and anyone looking to enjoy the best of suburban living while still being close to the city.

One of the standout features of Parkwood is its diverse selection of homes, many of which are available for under $500,000. This makes it an attractive option for first-time homebuyers or those seeking to invest in a thriving neighborhood without breaking the bank. The homes in Parkwood boast a variety of styles, from cozy single-family residences to spacious townhouses, ensuring that there’s something for everyone. Many properties come equipped with modern amenities, well-maintained gardens, and ample space for family gatherings or entertaining friends.

The subdivision is not just about homes; it’s also about lifestyle. Residents of Parkwood enjoy easy access to parks, recreational facilities, and local shops, making it a perfect place for outdoor enthusiasts and families alike. The community is served by excellent schools and is conveniently located near major highways and public transportation, providing quick access to the bustling heart of Philadelphia.

In Parkwood, you’ll find a welcoming community that values connection and convenience. Whether you’re looking to settle down or invest, this delightful neighborhood offers the perfect blend of comfort, affordability, and accessibility. Come explore Parkwood and discover your dream home today!

Newest Parkwood Homes under $500,000

3028 Fairdale Rd, Philadelphia
$310,000
3 Beds ⋅ 2 Baths
Welcome to this charming two-story brick corner home, featuring inviting indoor spaces and wonderful outdoor living. The open-concept living and dining area flows into a bright, sun-filled kitchen with generous counter and cabinet space, a pantry, refrigerator, portable dishwasher, and an impressive five-burner stove. Sliding glass doors open onto a spacious covered deck with a BBQ—perfect for relaxing or entertaining. Steps lead down to a large, private, fenced backyard with a patio and access to the basement. The property also includes a substantial 12-by-20-foot shed with a full loft, ideal for a workshop, hobby space, or extra storage. Upstairs, you’ll find a generously sized primary bedroom, two additional bedrooms, a linen closet, and an upgraded full bathroom. The semi-finished basement offers an upgraded powder room, and the washer and dryer are included. Replacement windows add to the home’s appeal. Don’t miss the chance to make this sought-after corner property your own!

3028 Fairdale Rd, Philadelphia

Listing courtesy of RE/MAX Realty Services-Bensalem. Contact:

3340 Morning Glory Rd, Philadelphia
$299,900
3 Beds ⋅ 2 Baths

3340 Morning Glory Rd, Philadelphia

Listing courtesy of Home Vista Realty. Contact:

3649 Friar Rd, Philadelphia
$289,900
3 Beds ⋅ 2 Baths
Looking for an affordable home with important updates already taken care of? This 3-bedroom, 1½-bath home in the Parkwood section of the city is worth a look! The updated second-floor bathroom adds a fresh touch, while the brand-new heater comes with a 10-year warranty, giving you added peace of mind. All windows were replaced approximately 4 years ago, and the roof and skylight are approximately 6 years old. The home also includes a washer, dryer, and two refrigerators—great extras that add convenience and value. Conveniently located close to shopping, transportation, and everyday amenities. With this price and these updates, this is a great opportunity for a buyer looking for value! Don't wait—schedule your showing today!

3649 Friar Rd, Philadelphia

Listing courtesy of Honest Real Estate. Contact:

12715 Medford Rd, Philadelphia
$330,000
3 Beds ⋅ 2 Baths
Welcome to 12715 Medford Road, a beautifully maintained home on a desirable block in Parkwood! A long front lawn leads to a covered entrance, offering a welcoming first impression. Inside, the spacious living room flows into a formal dining room, with a convenient half bath on the main level. The eat-in kitchen features wood cabinetry, a built-in microwave, dishwasher, garbage disposal, and a water filtration system at the sink. Upstairs, you’ll find three generously sized bedrooms with ample closet space and a three-piece hall bathroom. The finished basement provides additional space to relax or entertain, along with a separate laundry area, interior access to the garage, and an exit to the beautiful fenced rear yard. A covered patio offers a comfortable spot to enjoy your morning coffee, outdoor dining, or time with friends and family. The HVAC system was replaced in 2021, and all windows were replaced within the past two to three years, adding to the home’s appeal. Clearly cared for throughout, this home offers generous living space, inviting outdoor areas, and a great Parkwood location!

12715 Medford Rd, Philadelphia

Listing courtesy of Keller Williams Real Estate-Langhorne. Contact:

12564 Knights Ter, Philadelphia
$459,900
Welcome to 12564 Knights Ter, a well-maintained duplex offering an excellent investment opportunity in Philadelphia’s desirable 19154 area. Each unit features a comfortable 2-bedroom, 1-bathroom layout and is in rent ready condition, providing a great opportunity for an investor looking for a turnkey investment. Each unit also offers its own private basement area with dedicated laundry space, providing valuable storage and convenience for tenants. In addition, each unit includes its own private garage parking space—an attractive feature that adds both convenience and value. This is a rare find and will not last long. Schedule your showing today!

12564 Knights Ter, Philadelphia

Listing courtesy of Real of Pennsylvania. Contact:

12639 Biscayne Dr, Philadelphia
$339,900
3 Beds ⋅ 2 Baths
This newly renovated home is located in the desirable Parkwood section of Northeast Philadelphia. This charming property offers comfortable living with a functional layout, generous living space, and convenient access to everything the area has to offer. Step inside to a bright and inviting living room filled with natural light, leading into a spacious dining area that is perfect for both everyday living and entertaining guests. The newly installed kitchen, with stainless steel appliances, offers ample cabinet and counter space, making meal preparation and entertaining enjoyable for everyone. Upper stairs offer 3 bedrooms and a full hallway bathroom. The main bedroom offers two sliding door closets. Down Stairs you’ll find a spacious room that could serve as an additional bedroom or living/family room complete with a half bath, laundry providing comfortable accommodations for family, guests, or a home office. Outside, enjoy a private outdoor area perfect for relaxing or entertaining, along with convenient parking. —schedule your showing today!

12639 Biscayne Dr, Philadelphia

Listing courtesy of Home Line Realty Corp. Contact:

12214 Medford Rd, Philadelphia
$369,000
3 Beds ⋅ 3 Baths
Spacious 3 bedroom, 2.5 bath row home located in the desirable Parkwood neighborhood. The first floor features a bright and inviting living room with bay window, neutral flooring and paint color, a dining room that opens to the kitchen, and a spacious eat in kitchen with windows overlooking the backyard. The finished lower level offers a large bonus room, full bathroom, laundry room, and walk out to a covered patio and a generously sized, fully fenced backyard, providing the perfect space for relaxing or entertaining. Upstairs, you'll find three comfortable bedrooms with closet space and a shared full bathroom. Parking is on the driveway. This beautiful home is truly a gem, offering comfortable living in a fantastic location. Schedule your private showing today!

12214 Medford Rd, Philadelphia

Listing courtesy of Keller Williams Realty. Contact:

3412 Lester Rd, Philadelphia
$349,900
3 Beds ⋅ 2 Baths
Welcome to this well-maintained 3-bedroom, 1.5-bath rowhome located in Philadelphia’s desirable Parkwood neighborhood. The main level features an updated kitchen, updated flooring throughout, comfortable living and dining spaces, and a convenient half bathroom. Upstairs, you’ll find three full-size bedrooms and a full hall bathroom. The spacious finished basement provides additional living, recreation, or entertaining space. Outside, enjoy a rear deck overlooking the secluded backyard—perfect for relaxing or entertaining. An attached one-car garage adds even more convenience. Ideally located near shopping, public transportation, major roadways, schools, and neighborhood amenities, this move-in-ready home offers comfort, functionality, and a great location. Schedule your showing today! OPEN HOUSE 8-22-2026!!!

3412 Lester Rd, Philadelphia

Listing courtesy of EXP Realty, LLC. Contact:

3380 Byberry Rd, Philadelphia
$379,900
3 Beds ⋅ 3 Baths

3380 Byberry Rd, Philadelphia

Listing courtesy of Charles Rueter Inc. Contact:

12712 Elnora Rd, Philadelphia
$365,000
3 Beds ⋅ 2 Baths
Elegant 3-bedroom, 1.5-bathroom residence situated in the vibrant Parkwood community, offering modern updates and an ideal location for commuters. Open-concept layout featuring a spacious living and dining area. The upgraded kitchen boasts modern countertops, backsplash and kitchen island. Three sizable, sunlit bedrooms served by a well-appointed full hall bath In the second floor. Finished basement adding substantial living space, complete with a half bath and direct access to a backyard. Great location, unbeatable convenience near shopping centers, restaurants, public transit, and the I-95 corridor.

12712 Elnora Rd, Philadelphia

Listing courtesy of Canaan Realty Services INC. Contact:

3130 Morning Glory Rd, Philadelphia
$314,900
3 Beds ⋅ 2 Baths
Freshly updated and move-in ready, this stunning 3-bedroom, 1.5-bath home in Parkwood is packed with modern upgrades and thoughtful details. Step inside to a freshly painted interior featuring flooring throughout, —creating a warm and inviting living space perfect for relaxing or entertaining. The spacious living room flows into a beautiful full kitchen equipped with a gas cooktop and a convenient wall-mounted oven, making cooking easier with no bending required. Upstairs, you'll find three generously sized bedrooms and a full hall bathroom with ceramic tile. The extended finished basement offers a large family room —perfect for gatherings, movie nights, or entertaining friends and family. From the basement, step out to a covered porch and a spacious fenced-in yard, ideal for outdoor relaxation or hosting guests. Enjoy peace of mind with major updates including a newer AC unit, a roof replaced within the last 5 years, and a newer water heater. Don’t miss your chance to own this beautifully refreshed home in the desirable Parkwood neighborhood!

3130 Morning Glory Rd, Philadelphia

Listing courtesy of Premier Realty One, Inc.. Contact:

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