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Flow State Realty

University Area and Old Strathcona

Parkallen

Parkallen is a residential neighbourhood in University Area and Old Strathcona, Edmonton. 16 homes are for sale today at a median asking price of $558,800. The median sold price in September 2026 was $484,950 across 4 sales. Designated public schools: Parkallen and Strathcona.

For sale
16
Median asking
$558,800
New this week
1

About Parkallen

Parkallen is a residential neighbourhood in University Area and Old Strathcona, about 10 minutes (6 km) from downtown by car outside rush hour.

About 2,400 people live here in 1,035 households, with a median age of 36. Homes are a mix of detached houses (65%) and low-rise apartments (25%), with other types making up the rest. 63% of households own their home.

Designated Edmonton Public schools: elementary Parkallen and high school Strathcona. Nearby neighbourhoods include Allendale, McKernan and Lendrum Place.

From the 2021 Census (Statistics Canada), Edmonton Public Schools boundaries and our own drive-time estimates.

On the market

Homes for sale in Parkallen

More filters

Size is the living area as listed (above grade for houses). Garage and basement come from the listing details and can be incomplete.

See all 16 homes in Parkallen

House

$558,800 median ask · 15 active

Row / Townhouse

$544,000 median ask · 1 active

Active residential listings from the MLS® system, refreshed through the day. Asking prices, not sales.

Schools

Schools for Parkallen

Designated public schools come from the Edmonton Public Schools attendance areas. Catholic schools are the nearest by level. Confirm with the board before you buy; boundaries change.

Designated public schools

Nearest Catholic schools

Around the area

Where Parkallen eats, shops and plays

The top-rated places nearby, ranked by Google reviews and refreshed weekly.

Ratings and photos from Google. Updated 2026-10-12.

Nearby

Other neighbourhoods in University Area and Old Strathcona

FAQ

Parkallen, answered

What is the median sold price in Parkallen?

In September 2026 the median sold price in Parkallen, in University Area and Old Strathcona was $484,950 across 4 sales, down 5% from the same month a year earlier. Figures come from the Edmonton MLS® System sold data we import each month.

Full market report

How many homes sell in Parkallen in a year?

43 homes sold in Parkallen, in University Area and Old Strathcona over the twelve months to September 2026, at a median price of $513,500 and a median of 18 days on market.

How many homes are for sale in Parkallen right now?

16 homes are listed for sale in Parkallen, in University Area and Old Strathcona today, with a median asking price of $558,800. 1 came on the market this week. The count refreshes from the MLS® System every 15 minutes.

See the listings

Which schools serve Parkallen?

Edmonton Public Schools designates these schools for addresses in Parkallen. Elementary: Parkallen. High school: Strathcona. Catholic and francophone schools use different boundaries; the nearest ones are listed on the Parkallen page.

School details

Who lives in Parkallen?

2,355 people lived in Parkallen at the 2021 census, with a median age of 35.6, a median household income of $91,000, and 63% of homes owner-occupied. The most common home type is detached houses at 65% of dwellings. Source: Statistics Canada 2021 Census via the City of Edmonton open data portal.

Can I get a market report for Parkallen?

Yes. The Parkallen market report is free and updated monthly from MLS® System sold data, with a downloadable PDF. Ask for the street-level version on the page and a member of the Flow State Realty team will prepare it for your address.

Parkallen market report

Market report

What is actually happening in Parkallen

Sold in September 2026, change from a year earlier

Homes sold
4flat
Median sold price
$484,950▼ 5%
Median days to sell
11▼ 61%
Sold vs asking
97.3%

43 sales over the last 12 months, median $513,500. Source: MLS® System sales data for the area, compiled by Flow State Realty. Medians, not averages. Listed today: 16 homes, median asking $558,800.