Parkway Estates
Closed-sale statistics for Parkway Estates, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $322,500
- Median days on market
- 8
- List-to-sale ratio
- 99.2%
4 closed sales, 2025-09-01 to 2026-09-01 — thin sample
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $322,500, in Warren Consolidated Schools at 43.35 homestead mills, the year-two bill is approximately $6,989 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
How Parkway Estates compares in Sterling Heights
Of the 77 Sterling Heights subdivisions and condo projects we publish statistics for, Parkway Estates's $322,500 median ranks 37 of 77 — 1% above the tracked-Sterling Heights median of $320,000.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| Terra Santa Village | $329,950 | 6 | $7,151 |
| Ridgecroft North | $329,900 | 7 | $6,421 |
| Seville Gardens | $329,500 | 15 | $7,141 |
| College Park | $325,000 | 7 | $6,326 |
| Parkway Estates | $322,500 | 4 | $6,989 |
| Bristol Heights | $322,250 | 14 | $6,984 |
| Essex Gardens | $320,000 | 11 | $6,935 |
| Moravian Village | $320,000 | 7 | $6,935 |
| Belmont Estates | $320,000 | 6 | $6,935 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
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Common questions
What is the median home price in Parkway Estates?
The median closed sale price in Parkway Estates (Sterling Heights) is $322,500, from 4 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Parkway Estates?
At the median price, taxable value uncaps to roughly $161,250 and the year-two bill in Warren Consolidated Schools is approximately $6,989 at homestead rates.
How does Parkway Estates compare with other Sterling Heights subdivisions?
Its $322,500 median ranks 37 of 77 Sterling Heights projects we track — 1% above the tracked-city median of $320,000.
More context: Sterling Heights property tax rates · school district breakdowns · all calculators