Parkwood Homes under $500,000

Parkwood Homes under $500,000

Welcome to Parkwood, an inviting and vibrant subdivision nestled in the heart of Northeast Philadelphia. Known for its friendly atmosphere and family-oriented community, Parkwood offers an exceptional living experience that seamlessly blends suburban comfort with urban convenience. This charming neighborhood is perfect for those seeking a peaceful retreat while still enjoying easy access to the bustling city life.

One of the standout features of Parkwood is its diverse selection of homes, many of which are priced under $500,000. This makes it an ideal choice for first-time homebuyers, young families, and anyone looking to invest in a thriving community without breaking the bank. The homes in Parkwood boast a variety of styles, from cozy single-family residences to spacious townhouses, ensuring that there is something for everyone.

Residents of Parkwood enjoy a plethora of amenities, including nearby parks, recreational facilities, and shopping centers, making everyday life convenient and enjoyable. The local schools are highly regarded, providing excellent educational opportunities for children of all ages. Plus, with easy access to public transportation and major highways, commuting to downtown Philadelphia or surrounding areas is a breeze.

In Parkwood, you’ll find a welcoming community where neighbors become friends and every day feels like a breath of fresh air. Whether you’re looking to settle down or simply explore your options, Parkwood is a hidden gem in Philadelphia that promises a fulfilling lifestyle at an affordable price. Come discover your dream home in this delightful neighborhood today!

Newest Parkwood Homes under $500,000

3723 Academy Rd, Philadelphia
$315,000
3 Beds ⋅ 1 Baths
Welcome to 3723 Academy Rd! This beautiful townhome located in the Parkwood neighborhood. This property has 3 bedrooms and 1 bath. The living room and dining room are spacious with lots of natural light. The kitchen is inviting with plenty of cabinets. Through the sliding glass doors in the dining room takes you out back on a nice sized deck. Second floor has updated Bruce hard wood floors. An excellent neighborhood within walking distance to Elementary school and the Philadelphia Mills Mall. It is also close to playgrounds, shopping, restaurants and major highways.

3723 Academy Rd, Philadelphia

Listing courtesy of Realty Mark Associates. Contact:

3027 Fairdale Rd, Philadelphia
$289,900
3 Beds ⋅ 2 Baths
Welcome to 3027 Fairdale Road, a turnkey Parkwood gem that's ready for its next owner! Bright, sun-filled, and full of warmth and charm, this lovingly maintained home offers a wonderful combination of comfortable living and functional space. Step inside to a welcoming main level featuring a spacious living room and dining area, beautifully complemented by hardwood flooring and a charming built-in partition with open shelving that adds character while subtly defining the spaces. The kitchen features an abundance of warm wood cabinetry, generous counter space, classic white appliances including a built-in microwave, and a wall of windows that fill the space with natural light. Upstairs, you'll find three comfortable bedrooms and a full bathroom. Need a little extra room? The finished lower level offers versatile space perfect for a family room, home office, gym, or playroom, along with a convenient powder room and additional storage. Outside, enjoy great curb appeal, driveway parking, and a large fenced-in backyard with plenty of room for entertaining, relaxing, or letting your four-legged family members roam. Located in the desirable Parkwood neighborhood, this home offers a wonderful suburban feel while keeping you right here in Philadelphia, with easy access to major highways, shopping, and dining. Move right in and enjoy all that this Parkwood gem has to offer!

3027 Fairdale Rd, Philadelphia

Listing courtesy of Compass Pennsylvania, LLC. Contact:

12600 Richton Rd, Philadelphia
$360,000
3 Beds ⋅ 2 Baths
Corner lots don't come around often in Parkwood, and this one offers more than meets the eye! Welcome to this 3-bedroom, 1.5-bath home featuring a rare corner-lot location, additional living space, a private backyard, and some of the biggest home improvements already taken care of! With a new roof and skylight in 2025, heating and central air conditioning systems replaced in 2021, and a one-year home warranty included, the next owner can enjoy peace of mind while making this home their own. Step inside to find a spacious living room featuring the classic Parkwood bay window, allowing plenty of natural light to pour in. The open kitchen is the heart of the home, offering a two-person island, pantry, above-cabinet lighting, and a great space to gather with family and friends. Whether you're hosting the holidays, having friends over for dinner, or enjoying a quiet night at home, there's plenty of room to make memories here. Just off the kitchen, step outside onto the deck overlooking your fenced-in backyard. With the added space of a corner lot, a private outdoor setting, and a covered area beneath the deck, there's no shortage of places to entertain, relax, or enjoy those summer evenings. But what really sets this home apart is the converted garage! Rather than the traditional garage setup found in many Parkwood homes, this space has been transformed to offer ground-level access, a mudroom, additional storage, and a finished bonus room with its own closet. With a half bathroom conveniently located nearby, this space opens up so many possibilities! Whether you're looking for a home office, a private retreat, a hobby room, or additional space for visiting family, it's a feature you don't typically find in the neighborhood. The finished basement offers even more room to spread out, along with a dedicated laundry area. And while there's plenty of opportunity to add your own personal touches, the sellers have already tackled several of the larger expenses that come with homeownership, giving the next owner a great starting point to make this property their own. Even more to love? The living room TV, basement TV, and Ring security system are all included with the sale! Between the hard-to-find corner lot, private outdoor space, versatile bonus room, finished basement, and major improvements already completed, this home offers a great opportunity to create something truly your own. Come see everything this Parkwood home has to offer!

12600 Richton Rd, Philadelphia

Listing courtesy of BHHS Fox & Roach-Southampton. Contact:

3658 Academy Rd, Philadelphia
$334,900
3 Beds ⋅ 2 Baths
Welcome to 3658 Academy Road, a beautifully renovated townhouse in the desirable Parkwood neighborhood. Freshly updated from top to bottom in 2026, this move-in-ready home seamlessly combines modern features with stylish comfort. Key Highlights: Main Level: Open-concept living and dining areas featuring new double-pane glass in the classic bay window, brand-new flooring with elegant 5” trim, recessed lighting, and fresh paint throughout.New Flooring installed throughout! Upgraded Kitchen: Fully modernized with brand-new cabinetry, sleek stainless steel appliances, a stylish backsplash, recessed lighting, and a new garbage disposal. Bedrooms & Bathrooms: 3 spacious bedrooms with all-new interior and closet doors. Features a fully upgraded full bath with a new vanity, mirror, toilet, and light fixtures, plus a convenient newly added half bathroom. Finished Basement: Extra living space perfect for an entertainment room, home office, or gym, offering direct access to the attached garage. Additional Upgrades: Central HVAC system, brand-new exterior back and screen doors, new outdoor light fixtures, and a fresh neutral paint palette inside and out. A turnkey gem in Parkwood—schedule your showing today!

3658 Academy Rd, Philadelphia

Listing courtesy of Homestarr Realty. Contact:

12236 Sweet Briar Rd, Philadelphia
$329,900
3 Beds ⋅ 3 Baths
MOVE-IN READY PARKWOOD HOME WITH 3 BEDROOMS, 2.5 BATHS & FINISHED BASEMENT/ IN-LAW-SUITE! Welcome to 12236 Sweet Briar Road in the desirable Parkwood section of Philadelphia! This inviting home offers a great combination of space, style, and functionality. Step inside to an open-concept first floor that’s perfect for everyday living and entertaining. The kitchen is conveniently located just off the main living area and includes a stainless steel side-by-side refrigerator. Upstairs, you’ll find three generously sized bedrooms, beautiful hardwood floors, and an updated full bathroom. All three bedrooms feature new windows installed in 2025! Need extra living space or In-law -suite? With it's own entrance the finished basement offers plenty of possibilities and includes a full bathroom and a half bathroom a washer and dryer, plus a converted garage area accessible through a convenient pocket door. Enjoy the outdoors with sliding glass doors leading to a patio and a good-sized backyard. Two additional storage areas provide plenty of room for your outdoor equipment and extras. With 3 bedrooms, 2.5 bathrooms, a finished basement, and newer windows and the roof redone in 2025, this Parkwood home offers space and versatility in a location close to shopping, dining, and everyday conveniences. Come see the possibilities and make this Parkwood home your own!

12236 Sweet Briar Rd, Philadelphia

Listing courtesy of Honest Real Estate. Contact:

12519 Calpine Rd, Philadelphia
$340,000
3 Beds ⋅ 2 Baths
Welcome to 12519 Calpine Road in Philadelphia’s Parkwood neighborhood! This three-bedroom, one-and-a-half-bath home offers a functional layout with plenty of potential to make it your own. The main level features inviting living spaces and a dining room conveniently located off of the kitchen. Upstairs, you’ll find three nicely sized bedrooms offering comfortable space and flexibility. The finished basement provides additional living space, along with a dedicated laundry room and half bath. Windows replaced in 2023 and HVAC in 2022. Enjoy the convenience of an attached garage and private driveway. Just beyond the basement’s rear door, you’ll find a covered patio and yard, complete with a storage shed for added convenience. Conveniently located within walking distance of parks and schools, with easy access to major highways, this home offers an excellent opportunity to create a space that reflects your personal style while enjoying the neighborhood’s amenities. Schedule your showing today and discover the possibilities at 12519 Calpine Road!

12519 Calpine Rd, Philadelphia

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

12714 Cabell Rd, Philadelphia
$360,000
3 Beds ⋅ 2 Baths
Pride of ownership shines throughout this beautifully maintained and updated 3-bedroom home in the highly desirable Parkwood neighborhood! Offering the perfect blend of comfort, style, and indoor-outdoor living, this home is sure to impress. Step inside and discover a stunning dream kitchen featuring granite countertops, a stylish glass tile backsplash, and an inviting dining area. Sliding glass doors lead to an expansive 20' x 15' Trex deck, perfect for outdoor entertaining, summer barbecues, or simply relaxing while overlooking the beautiful, fully fenced backyard. A convenient main-level powder room adds to the home's thoughtful layout. Upstairs, you'll find three comfortable bedrooms and a beautifully updated full bathroom.The finished lower level provides additional living and entertaining space, complete with a custom bar that's perfect for hosting family and friends or enjoying game day! From here, step outside to the rear patio and backyard, creating a seamless extension of your entertaining space. This level also features a dedicated laundry area and additional storage. With its tasteful updates, fantastic outdoor living spaces, and desirable Parkwood location, this home truly has so much to offer. Don't miss your opportunity to make this Parkwood gem your own!

12714 Cabell Rd, Philadelphia

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

11728 Lanett Rd, Philadelphia
$359,900
3 Beds ⋅ 2 Baths
Welcome home! This well-maintained 3-bedroom, 1.5-bath home offers an inviting layout with thoughtful updates throughout. The updated eat-in kitchen features a breakfast bar, tile backsplash, center island, large deep stainless sink, ample cabinet space, luxury vinyl flooring, and sliding doors leading to the composite deck overlooking the fenced-in rear yard—perfect for outdoor dining and entertaining. The spacious living room is highlighted by a large bow window and chair rail. Upstairs, the main bedroom features double closets, along with two additional bedrooms. The updated full hall bath offers a tub/shower combination and tile flooring. The lower-level family room provides additional living space with recessed lighting and convenient access to the driveway. This level also includes a pantry, powder room, and a door leading to the rear paver patio. A comfortable home with updated living spaces and plenty of room to enjoy both indoors and out. Home is easy to show and ready to go!!

11728 Lanett Rd, Philadelphia

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

12018 Waldemire Dr, Philadelphia
$320,000
3 Beds ⋅ 2 Baths
** Price Improvement ** on12018 Waldemire Drive in Philadelphia’s Parkwood neighborhood! This three-bedroom, one-and-a-half-bath townhome offers inviting living spaces, an expanded kitchen, and the convenience of driveway parking and an attached garage. Step inside to a spacious, light-filled living room featuring hardwood floors and plenty of room to relax or gather. The expanded kitchen provides space for everyday dining, hosting friends, and sharing your favorite meals. Upstairs, you’ll find three bedrooms and a full bathroom. The partially finished basement adds flexible space for a recreation room, home office, workout area, or a comfortable spot to watch the game. A separate laundry area offers direct access to the driveway for added convenience. With access to major highways, this home combines a practical layout with opportunities to bring your own style to each space. Schedule your showing and discover the possibilities on Waldemire Drive!

12018 Waldemire Dr, Philadelphia

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

12843 Cabell Rd, Philadelphia
$349,900
3 Beds ⋅ 3 Baths
Your Next Chapter Starts Here — Welcome to 12843 Cabell Road! Opportunity awaits in Northeast Philadelphia! Welcome to 12843 Cabell Road, a three-bedroom, 1 full and 2 half bath home offering approximately 1,360 square feet of living space and the chance to make a property truly your own. Whether you're looking for a place to settle into or an opportunity to bring your personal vision to life, this property offers plenty of possibilities. With three bedrooms, a two-story layout with a fully finished basement to create comfortable living and entertaining areas, there's room to envision what comes next. The living room and dining room features elegant crown molding and wainscoting adding timeless character and charm to both spaces. Extend your living space outdoors! Just off the dining room, step onto the spacious deck, creating a natural extension of the home's entertaining space. Featuring custom pipework designed to support a canvas awning that covers the entire deck, this outdoor area offers the perfect setup for shaded relaxation, outdoor dining, or hosting gatherings. Outback you have the convenience of a covered patio for extra outdoor entertainment and a shed for storage. Adding to its appeal is the wooded area behind the property, providing a beautiful natural backdrop and an added sense of privacy. Whether you're sipping your morning coffee, enjoying a quiet evening, or entertaining guests, this outdoor retreat offers a wonderful escape from the everyday hustle. Location is another advantage! Situated in Northeast Philadelphia's 19154 ZIP code, this home offers convenient access to shopping, dining, parks, and major roadways, making everyday errands and travel a breeze. Homes with potential and a convenient location deserve a closer look! Don't miss the opportunity to explore what 12843 Cabell Road has to offer. Schedule your private showing and see the possibilities for yourself!

12843 Cabell Rd, Philadelphia

Listing courtesy of Century 21 Integra - Newtown. Contact:

12728 Cabell Rd, Philadelphia
$384,900
3 Beds ⋅ 2 Baths
Nestled in the charming Parkwood neighborhood, this beautifully renovated townhouse is a perfect blend of modern comfort and community spirit. With a major renovation completed in 2026, this home boasts a fresh and inviting atmosphere, making it an ideal retreat for anyone seeking a warm and welcoming environment. Spanning 1,360 square feet, this interior row townhouse features three spacious bedrooms and two full bathrooms, providing ample space for relaxation and everyday living. The A-frame architectural style, complemented by sturdy masonry construction, offers both aesthetic appeal and durability. The combination basement adds versatility, perfect for a home office, play area, den or additional storage. Parkwood is not just a place to live; it's a vibrant community that fosters connection and engagement. Residents enjoy easy access to local parks, where you can take leisurely strolls, enjoy picnics, or engage in outdoor activities. The neighborhood is known for its friendly atmosphere, making it easy to meet neighbors and build lasting friendships. The community is also well-served by public services, including convenient transportation options, making commuting a breeze. The surrounding area offers a variety of amenities, including shopping centers, dining options, and recreational facilities, all within a short drive or a pleasant walk. Whether you're looking for a cozy café to enjoy your morning coffee or a local market to pick up fresh produce, Parkwood has it all. This home is not just a property; it's a place where memories are made. Imagine hosting gatherings with friends in your inviting living space or enjoying quiet evenings in your serene backyard. The combination of modern renovations and a supportive community creates an unparalleled living experience. Don't miss the opportunity to make this delightful townhouse your new home in Parkwood, where comfort, community, and convenience come together beautifully. Embrace the lifestyle you've always dreamed of in this welcoming neighborhood!

12728 Cabell Rd, Philadelphia

Listing courtesy of Springer Realty Group. Contact:

12206 Medford Rd, Philadelphia
$350,000
3 Beds ⋅ 1 Baths
Nestled in the coveted Parkwood community, this exquisite interior row townhouse offers a harmonious blend of comfort and sophistication. Spanning 1,360 square feet, this charming residence features three spacious bedrooms and a beautifully appointed full bathroom, perfect for both relaxation and entertaining. The masonry construction exudes timeless elegance, while the daylight basement invites natural light, creating a warm and inviting atmosphere. Enjoy the convenience of an attached garage and additional parking options, ensuring ease of access for you and your guests. Step outside to discover a low-maintenance lot, ideal for those seeking a serene outdoor space without the burden of extensive upkeep. The property's prime location offers a lifestyle of convenience, with nearby amenities and easy access to local attractions. Experience the perfect blend of luxury and comfort in this delightful home, where every detail has been thoughtfully curated to enhance your living experience. Embrace the exclusive lifestyle that awaits you in Parkwood!

12206 Medford Rd, Philadelphia

Listing courtesy of Realty Mark Associates. Contact:

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