Zip Code:

21234, Parkville, MD

21234 is a Maryland Zip code within the city of Parkville and the county of Baltimore County. Its population is roughly 68,381.

The Parkville Real Estate Market

Parkville is a suburban community located in Prince George's County, Maryland. According to the 2010 census, the population of Parkville was 20,868. The 21234 zip code includes all of Parkville and a small portion of Lanham. Home prices in Parkville have increased significantly over the past few years, with median home prices reaching $429,000 as of September 2016. This has made Parkville one of the most expensive zip codes in Maryland to live in.

The main drivers behind this increase in home prices are likely twofold: firstly, there is strong demand for homes in Parkville due to its proximity to Washington D.C., and secondly, there has been an influx of wealthy families moving into Parkville over the past few years due to its excellent schools and overall quality of life. In addition, many new development projects have been underway in Parkville over the past few years, which has helped drive up demand for housing stock.

Despite these factors contributing to increased home values in Parkville, there are some potential risks that homeowners should be aware of. For example, although it is generally a safe community with low crime rates, there have been a number of high-profile crimes committed recently within the 21234 zip code – including several murders – which could lead to an increase in home security concerns among residents. Additionally, while it is generally easy to get mortgages in Parkville (due to its high incomes), interest rates can be higher than average if you are looking to purchase a property outside of the mainstream market (i.e., properties that are not located within gated communities or other highly-protected areas).

Price Index: Baltimore-Columbia-Towson, MD

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