South Durham neighborhood guide

Parkwood

Parkwood, Durham NC: neighborhood guide and homes for sale

Caul Group Residential, brokered by eXp Realty

Welcome to Parkwood, a planned community in south Durham, about 3.3 miles by road from Research Triangle Park. Here is where it is, the parks and swim club, what the homes are like, recent sale prices and the assigned schools. This guide covers the neighborhood as a whole.

Parkwood is a planned community in south Durham, in ZIP 27713, about 3.3 miles by road from Research Triangle Park. The Parkwood Association says it was originally designed as the primary neighborhood for employees of Research Triangle Park. Durham County records show about 929 homes: 883 single-family homes, with a median of about 1,556 heated square feet, and 46 condos. The 42 recorded sales from October 2025 through September 2026 had a median of $390,000.

Where Parkwood is

County records list the homes inside the City of Durham, in the 27713 ZIP code. Streets include Revere Road, McCormick Road, Euclid Road, Clermont Road, Pelham Road, Radcliff Circle, Limerick Road, Emerald Circle and Newhall Road (Durham County property records).

Road distances from the center of the neighborhood (OpenStreetMap routing, November 2026):

  • The Streets at Southpoint: 3.2 miles
  • Research Triangle Park: 3.3 miles
  • American Tobacco Campus: 8.7 miles
  • Duke Chapel: 9.0 miles
  • RDU Airport: 10.1 miles
  • Duke University Hospital: 10.8 miles

Parks, trails and the swim club

The Parkwood Association lists more than 100 acres of shared parkland, four playgrounds, a ballfield and a swim club. Parks with playgrounds include Euclid Pond Park, Hidden Park, Sedwick Park and the Tot-Lot, and the trails include the Hidden Park, Lotus Pond, Old Growth and Revere to Newhall trails (Parkwood Association).

County records show the Parkwood Association owning more than 50 parcels of common land, the Parkwood Swim Club owning the pool parcel and Durham Public Schools owning the Parkwood Elementary site on Revere Road (Durham County property records).

Homes in Parkwood

Across the 929 homes (Durham County property records, November 2026):

  • 883 single-family homes: 1,202 to 2,064 square feet at the 10th and 90th percentiles, 1,556 median; lots of about 0.33 acres median
  • 46 condos in Parkwood Condos, 1,056 square feet each

The county parcel data used here does not include year built (Durham County property records). Ask for the build year and permit history for a specific home.

Recent sale prices

Durham County records show 42 recorded sales from October 2025 through September 2026, all single-family homes, with a median of $390,000, a low of $155,000 and a high of $790,000. Most sales fell between $270,000 and $465,000 (Durham County property records).

HOA

County records show common land owned by the Parkwood Association (Durham County property records), and the association publishes community bylaws on its website. Ask for the dues, any special assessments and the resale fees for a specific home on the NC Residential Property and Owners' Association Disclosure Statement.

The Parkwood market right now

For the 27713 ZIP code, which covers a large part of south Durham, Redfin reports for the three months ending September 2026:

  • Median sale price: $424,875, about flat year over year (down less than 0.1%)
  • Median days on market: 39, compared with 33 a year earlier
  • Homes sold in September: 168, compared with 161 a year earlier
  • Sale-to-list price: 98.7%
  • Homes sold above list price: 20.6%
  • Homes with a price drop: 43.4%

What it means: the 27713 median was about flat from a year ago, and about 43% of homes had a price drop. Parkwood sells a little below the ZIP median, and size and condition drive the range.

Assigned schools

Durham Public Schools assigns by address. All 50 sampled Parkwood addresses were in the base zones for Parkwood Elementary, Lowes Grove Middle and Hillside High (Durham City-County GIS). Check a specific address with the Durham address lookup.

Things to do nearby

  • Parkwood's parks, playgrounds and trails.
  • The Parkwood swim club.
  • The Streets at Southpoint, about 3.2 miles away.
  • Research Triangle Park, about 3.3 miles away.

Buying in Parkwood: what to check

  • Build year, roof, HVAC and major systems, since many homes are decades old.
  • Association dues, swim club membership and rules.
  • Condo association rules and dues for Parkwood Condos.
  • Lot slope and drainage near creeks and parkland.
  • School assignment by exact address.

See our buyer services page for how we help buyers.

Selling in Parkwood: what buyers ask about

  • Recent comparable sales of the same size and style.
  • Updates to the kitchen, baths and major systems.
  • Walking distance to the parks and trails.
  • Drive times to RTP and Southpoint.
  • Assigned schools.

See how we sell homes, or start with a home value estimate.

Parkwood FAQs

Where is Parkwood in Durham?

Parkwood is in south Durham, in ZIP 27713, about 3.3 miles by road from Research Triangle Park and 3.2 miles from The Streets at Southpoint.

How many homes are in Parkwood?

Durham County records show about 929 homes: 883 single-family homes and 46 condos.

What do homes in Parkwood cost?

Durham County records show 42 sales from October 2025 through September 2026, with a median of $390,000. Most sold between $270,000 and $465,000.

What parks are in Parkwood?

The Parkwood Association lists more than 100 acres of shared parkland, including Euclid Pond Park, Hidden Park, Sedwick Park and the Tot-Lot, plus several trails.

Does Parkwood have a pool?

Yes. Parkwood has a swim club, and county records show the pool parcel owned by the Parkwood Swim Club.

Is there an HOA in Parkwood?

County records show common land owned by the Parkwood Association. Ask for dues and fees on the disclosure statement for a specific home.

Which schools serve Parkwood?

Sampled addresses were in the base zones for Parkwood Elementary, Lowes Grove Middle and Hillside High. Confirm any address with the Durham address lookup.

Thinking of selling in Parkwood?

Parkwood homes range widely in size, and there are condos too, so condition, size and updates drive price. We price from recent Parkwood sales of similar homes.

Caul Group Residential is the #1 Resale Team in the Triangle. Our office is at 201 Shannon Oaks Circle, Suite 200, Cary, NC 27511. RealTrends Verified 2026 (based on 2025 sales) ranks our team, "Caul Team," #1 in Raleigh by sides and by volume. See the RealTrends profile. We have 5.0 stars on Zillow from 1,200+ reviews (Oct 2026). Read the reviews.

More on the area: Durham, Woodcroft, Hope Valley, Downtown Durham and Chapel Hill.