$150,000
- 3 Beds
- 2.5 Baths
- 1,800+ Sq Ft
3397 Adeline St Unit 38, Memphis, TN 38118
3397 Adeline St Unit 38, Memphis, TN 38118
4
Parkway Village Condos for Sale
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$71,000
- 3 Beds
- 2 Baths
- 1,400+ Sq Ft
4790 James Kent Ct, Memphis, TN 38118
4790 James Kent Ct, Memphis, TN 38118 -
$39,900
- 2 Beds
- 1.5 Baths
- 800+ Sq Ft
3786 Cambridge Station Dr Unit G2, Memphis, TN 38115
3786 Cambridge Station Dr Unit G2, Memphis, TN 38115 -
$108,900
- 3 Beds
- 2.5 Baths
- 1,800+ Sq Ft
5263 Scottsdale Ave Unit 12, Memphis, TN 38118
5263 Scottsdale Ave Unit 12, Memphis, TN 38118
About Parkway Village
Parkway Village in southeast Memphis is characterized by its towering oak and hickory trees, providing a picturesque canopy over the quiet residential streets. The neighborhood features predominantly single-family homes, many built in the mid-1900s, with traditional ranch-style designs and brick exteriors. These homes are typically single-story, sitting on modest lots averaging about 9,000 square feet. The area is known for its affordability, attracting both owner-occupiers and investors. Newer constructions, including modern bungalows, are found in the eastern part of the neighborhood. Parkway Village is conveniently located near Interstate 240 and is 15 miles southeast of Downtown Memphis, with Route 36 of the Memphis Area Transit Authority bus providing connections to the city center. The Memphis International Airport is just 5 miles away, making it ideal for frequent travelers. The neighborhood offers several shopping centers, including Village Plaza, which houses Walgreens and Save A Lot. Dining options range from the popular Taco Nganas food truck to Marvin’s Hot Kitchen and Deli. For nightlife, residents can visit the Prohibition Lounge. Green spaces such as McFarland Park and Community Center and Walter K. Singleton Park provide recreational opportunities, including playgrounds, splash pads, and tennis courts. Parkway Village also hosts seasonal events like HauntedWeb at the Trolley Station Shopping Center. The neighborhood is home to the FedEx World Hub, a major local employer. While the Shelby County School District schools in the area have average ratings, the General Choice Transfer process allows students to apply to other public schools.
Home Trends in Parkway Village, TN
On average, homes in Parkway Village, Memphis sell after 33 days on the market compared to the national average of 47 days. The average sale price for homes in Parkway Village, Memphis over the last 12 months is $142,085, up 3% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$140,000
Median Single Family Price
$145,000
Median Townhouse Price
$240,000
Median 2 Bedroom Price
$39,075
Average Price Per Sq Ft
$99
Number of Homes for Sale
42
Last 12 months Home Sales
235
Months of Supply
2.10
Median List Price
$149,900
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
5%
In Parkway Village, there are currently 4 condos for sale, providing a range of options for prospective buyers. With condos ranging from $39,900 to $150,000, there's something for every budget. As of April, 2025 the median home price in Parkway Village, Memphis is $149,900, while the average sale price is $142,085, providing insight into local market trends. On average, condos spend 33 days on the market before being sold. Whether you're considering condominiums, apartments for sale, or modern condos, there are options available to suit your needs. Explore the variety of condos for sale in Parkway Village, Memphis, and find the perfect place to call home.
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