As of November 1, 2026, 2 homes are for sale in Park Place, asking $285,000 to $423,900 (median $354,450, about $176 per sq ft), with 0 under contract. One of the listings is new construction.
9 resales in 3 years; busiest months: November, May and July
Over the last 3 years, 9 resale homes sold in Park Place, roughly one every four months. Homes are still being built here, so we do not show a yearly turnover rate (the share of all homes that sell each year, like 1 in 25) until building wraps up.
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When Park Place homes were listed over the last 3 years. Listings came in bunches; November, May and July were the busiest (2 each). The median home took 126 days from listing to closing in the last 12 months.
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For a typical 1,900 sq ft home here. Middle of the range: about $290,000. Based on 5 Park Place resales between 1,821 and 2,131 sq ft in the last 12 months.
Size-only estimate, not an appraisal. Kitchens, roofs, lots and streets can move a home above or below it. For your exact value, ask for a free, no-pressure walk-through.
What Homes Like Yours Sold For
Most sales: under 2,000 sq ft, median $282K
Resales in Park Place over the last 3 years, sorted into size groups, so you can compare like with like. Most sales here were in the under 2,000 group.
Home size
Sales
Median
Range
Under 2,000 sq ft
6
$282K
$260K to $335K$155 per sq ft
2,000 to 2,499
3
$360K
$360K to $425K$174 per sq ft
Price per Square Foot Over Time
$178 to $152: a noticeable decline
Each point is the median price per square foot of resales in the 12 months ending that month. It went from $178 in the year to August 2025 to $152 now: a noticeable decline.
Show the numbers
12 months to
Sales
Median price
Per sq ft
Aug 2025
3
$360,000
$178
Nov 2025
3
$315,000
$178
Aug 2026
6
$282,500
$155
Nov 2026
5
$285,000
$152
How the Market Is Moving
126 days listing to closing, 89.3% of asking, balanced market
126 daysmedian from listing to closing (1 of 5 closed within 60 days)
89.3%of the original asking price, median
3 of 5sellers lowered the price before selling
4.8 monthsof supply at the last year's pace, a balanced market
Homes for sale now ask about $176 per sq ft, well above the $152 recent sales brought, so expect some room to negotiate on the higher-priced listings. The typical seller here took about 11% less than the first asking price, so pricing right from day one matters.
New Construction in Park Place
1 new home listed now
One new home is listed now. They are left out of the resale figures above so they do not skew what an existing home is worth. Compare the two on our new vs. resale prices page.
Recent Home Sales in Park Place
All 9 sales through the Valley MLS in the last 3 years. Street names only; days are from listing to closing.
Street
Sq ft
Sold
Closed
Canterbury Circle3 bd / 2 ba
1,844
$280K$152/sq ft
Jul 2026126 days
Park Place Drive3 bd / 2 ba
1,900
$285K$150/sq ft
Jul 2026257 days
Canterbury Circle3 bd / 2.5 ba
2,131
$360K$169/sq ft
Jun 202664 days
Canterbury Circle2 bd / 2 ba
1,885
$280K$149/sq ft
May 2026351 days
Stratford Circle3 bd / 2.25 ba
1,821
$335K$184/sq ft
Dec 20253 days
Show All Recent Sales
4 more sales, back to August 2024
Street
Sq ft
Sold
Closed
Dorset Circle2 bd / 2 ba
1,644
$260K$158/sq ft
Oct 2025102 days
Harrogate Circle3 bd / 2 ba
2,394
$425K$178/sq ft
Jan 2025137 days
Canterbury Circle3 bd / 1.75 ba
1,700
$315K$185/sq ft
Nov 2024188 days
Park Place Drive3 bd / 2 ba
2,064
$360K$174/sq ft
Aug 202428 days
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Park Place is in Arab, ZIP 35016. Use the map search to see every home listed under this name.
Neighborhood History
Homes built 1999 to 2026
Homes that have sold or listed recently were built from 1999 to 2026 and range from about 1,650 to 2,400 sq ft; 9 of the 9 with a recorded style were one-story. That makes it mostly 2000s construction.
Compare Nearby Neighborhoods
Resale and new home sales in the last 12 months, nearest first. Tap a name to open its page.
As of November 1, 2026, 5 resale homes in Park Place sold through the Valley MLS in the last 12 months at a median price of $285,000, or $152 per square foot. Most sales fall between about $280K and $360K depending on size.
How much is my Park Place home worth?
Start with homes of a similar size: a typical 1,900 sq ft home here would fall around $285,000 to $320,000 based on recent resales. Updates, condition, lot and street can move a home outside that range, so for a real number request a free home value and we will compare your home with the closest sales.
How fast do homes sell in Park Place?
The median home took 126 days from listing to closing in the last 12 months, and 1 of 5 closed within 60 days. Sellers got a median of 89.3% of their original asking price.
What schools are Park Place homes assigned to?
Listings in Park Place show Arab Elementary, Arab Middle and Arab High School. Zone lines can change, so verify a specific address with the school district.
How old are the homes in Park Place?
Homes that have sold or listed recently were built from 1999 to 2026. New homes are still being built here.
Are most homes in Park Place one story?
Yes. 9 of the 9 recent listings with a recorded style were one-story, typically about 1,900 sq ft.
Talk to a Local Agent About Park Place
Have a question about a street, a listing or your own home here? Call or book a time and we will give you a straight answer.
Source: Valley MLS listing data via Wyze Realty; deemed reliable but not guaranteed. Homes, townhomes and condos listed in Valley MLS under the subdivision name Park Place in ZIP 35016, sold or listed through Valley MLS. Figures are medians as of November 1, 2026; the numbers at the top may refresh when the page loads. This is general market information, not an appraisal or a value opinion for any specific home.
Listing data is derived in whole or in part from NALMLS and is for consumers' personal, non-commercial use only. All data should be independently verified..
This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed.
