What is the median home value in Parke Township, MN?

The median value of owner-occupied homes in Parke Township, MN is $414,900 (±$24,263), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Parke Township, the median home value went from $293,000 in 2015–2019 to $414,900 in 2020–2024 (+41.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$414,900 (±$24,263)
Owner-occupied homes
202 (±36)
Most common range
$300,000 to $499,999

Home values in Parke Township

Owner-occupied homes by value, 2020–2024
ValueParke TownshipClay CountyMinnesotaUnited States
Less than $50,0000.0% (±10.5 points)3.8%4.0%5.3%
$50,000 to $99,9991.0% (±1.9 points)1.7%3.7%6.1%
$100,000 to $149,9993.0% (±3.0 points)5.7%5.2%6.8%
$150,000 to $199,9991.5% (±1.9 points)13.3%8.1%9.0%
$200,000 to $299,99917.3% (±6.9 points)34.5%22.6%17.8%
$300,000 to $499,99958.4% (±8.0 points)32.3%36.9%26.9%
$500,000 to $999,99915.8% (±7.4 points)7.8%17.0%20.9%
$1,000,000 or more3.0% (±3.5 points)0.8%2.6%7.1%

The most common range is $300,000 to $499,999, 58.4% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Parke Township against Clay County, its state and the nation

Estimate (90% margin of error)
Parke TownshipClay CountyMinnesotaUnited States
Median home value$414,900 (±$24,263)$265,500 (±$7,783)$329,300 (±$903)$332,700
Owner-occupied homes202 (±36)17,424 (±488)1,666,687 (±7,556)84,210,142

In Parke Township, the median home value is higher than in Clay County ($265,500).

It is also higher than in Minnesota ($329,300).

It is higher than the national figure ($332,700).

In Clay County, Parke Township ranks 4 of 40 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 225 of 2,558.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Parke Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$293,000 (±$29,861)$414,900 (±$24,263)+41.6%Up after inflation
Median owner cost with a mortgage$1,675 (±$292)$2,147 (±$411)+28.2%No measurable change after inflation
Median real estate taxes$2,487 (±$245)$3,579 (±$259)+43.9%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Parke Township

Nearest places with a published estimate, compared with Parke Township
PlaceDistanceMedian home valueCompared with this place
Parke Township—$414,900 (±$24,263)—
Tansem Township5.4 mi$317,500 (±$52,793)Lower
Cormorant Township6.1 mi$474,100 (±$32,082)Higher
Skree Township6.2 mi$300,000 (±$89,275)Lower
Eglon Township6.4 mi$417,900 (±$30,456)Not measurably different
Lake Park Township7.4 mi$455,800 (±$72,117)Not measurably different
Scambler Township8.3 mi$432,500 (±$107,476)Not measurably different
Hawley Township8.4 mi$402,400 (±$32,164)Not measurably different
Humboldt Township8.5 mi$344,400 (±$31,721)Lower

Nearby places with a measurably lower figure: Tansem Township, MN ($317,500), Skree Township, MN ($300,000), Humboldt Township, MN ($344,400).

Nearby places with a measurably higher figure: Cormorant Township, MN ($474,100).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Clay County, place by place

RankPlaceMedian home value
1Holy Cross Township$442,900 (±$94,160)
2Oakport Township$425,000 (±$74,709)
3Eglon Township$417,900 (±$30,456)
4Parke Township$414,900 (±$24,263)
5Moorhead Township$407,100 (±$153,438)
6Hawley Township$402,400 (±$32,164)
7Hagen Township$395,000 (±$125,158)
8Riverton Township$388,500 (±$37,749)
9Kurtz Township$385,200 (±$44,317)
10Kragnes Township$371,400 (±$35,139)

Showing 10 of 40 places in Clay County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Parke Township

What is the average home value in Parke Township, MN?

The Census Bureau publishes the median: $414,900 (±$24,263) for owner-occupied homes in Parke Township (2020–2024 American Community Survey).

Have home values in Parke Township gone up?

In Parke Township, the median home value went from $293,000 in 2015–2019 to $414,900 in 2020–2024 (+41.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Parke Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Parke township, Clay County, Minnesota (county subdivision:49678, in state:27 county:027).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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