Blake Rd S / Parkwood Rd median real estate price is $513,353, which is more expensive than 98.3% of the neighborhoods in Minnesota and 89.4% of the neighborhoods in the U.S.
The average rental price in Blake Rd S / Parkwood Rd is currently $1,607, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.5% of the neighborhoods in Minnesota.
Blake Rd S / Parkwood Rd is a suburban neighborhood (based on population density) located in Edina, Minnesota.
Blake Rd S / Parkwood Rd real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Blake Rd S / Parkwood Rd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Blake Rd S / Parkwood Rd has a 15.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.