Parkwood Homes under $500,000

Parkwood Homes under $500,000

Welcome to Parkwood, a vibrant subdivision nestled in the heart of Philadelphia, Pennsylvania. This charming community offers a delightful blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and anyone looking to embrace the best of both worlds.

Parkwood is known for its picturesque streets lined with well-maintained homes, lush green spaces, and a strong sense of community. Residents enjoy easy access to a variety of local amenities, including parks, shopping centers, and dining options, all just a stone's throw away. The neighborhood is also well-connected to public transportation, making commuting to downtown Philadelphia a breeze.

One of the standout features of Parkwood is its affordability, with numerous homes available for under $500,000. Whether you’re searching for a cozy single-family home or a charming townhouse, Parkwood offers a diverse selection of properties that cater to different lifestyles and budgets. Many homes in this area boast modern amenities, spacious layouts, and beautiful outdoor spaces, perfect for entertaining or simply enjoying a quiet evening at home.

Families will appreciate the highly-rated schools nearby, as well as the abundance of recreational opportunities available in the area. From playgrounds to sports facilities, Parkwood is designed to foster an active and engaged community.

Discover the charm of Parkwood today, where affordable living meets the vibrant spirit of Philadelphia. Your dream home awaits in this welcoming neighborhood, ready to create lasting memories for you and your loved ones.

Newest Parkwood Homes under $500,000

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
$379,000
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:

3336 Gurley Rd, Philadelphia
$335,000
3 Beds ⋅ 2 Baths
Don’t miss your chance to own this beautiful home on one of the nicest blocks!! This well-maintained property features a spacious Living Room filled with natural light from the large bay window, creating a warm and inviting atmosphere. The Dining Room and Kitchen offer an open-concept feel with updated flooring, newer appliances, and a layout ideal for everyday living and entertaining. Upstairs, you’ll find three nicely sized bedrooms with ample closet space, along with a full hall bathroom. The lower level includes a Laundry Room, Powder Room, and a versatile bonus space converted from the garage — perfect for a home office, workout area, hobby room, or additional storage. The finished basement provides extra living space and leads directly to the fenced backyard featuring a concrete patio and storage shed — ideal for outdoor enjoyment and gatherings. Conveniently located near Playgrounds, and Poquessing Creek Trail, with easy access to shopping, dining, and transportation routes. Back on the Market due to Buyer’s Financing falling through. Make your appointment today!!

3336 Gurley Rd, Philadelphia

Listing courtesy of City & Suburban Real Estate. 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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