94 properties · Hokowhitu, Palmerston North

Park Road, Hokowhitu

Park Road in Hokowhitu has 94 properties, valued by the council between $440,000 and $1,300,000 with a median of $730,000 (Hokowhitu: $720,000). More of its homes were built in the 1950s than in any other decade. We estimate its homes at a median $697,000. 8 sold in the last twelve months, for a median $755,000. The highest sale in 2026 was 238 Park Road, at $975,000.

$730kmedian council valuation
$697kour median estimate
$755kmedian sale, last 12 months · 8 sales
1950median year built
Palmerston NorthHokowhitu ×Park Road ×

94 properties on Park Road, Hokowhitu

Highest and lowest on Park Road

Highest-valued home238 Park Road$1,300,000council valuation · 4 bed · 196 m² floor · 495 m² land
Lowest-valued home2/281 Park Road$440,000council valuation · 2 bed · 94 m² floor
Highest sale in 2026238 Park Road$975,000sold 21 Apr 2026 · 4 bed · 196 m² floor · 495 m² land

Property values on Park Road

The council values Park Road's 88 rated properties between $440,000 and $1,300,000. The middle half sit between about $595,500 and $869,500; the median is $730,000 and the mean $751,875.

Lowest: $440k$440kLowest10%: $507k20%: $570k20%30%: $621k40%: $680k40%Median: $730k60%: $770k60%70%: $819k80%: $920k80%90%: $1.06mHighest: $1.3m$1.3mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
213$465k1—
333$650k1—
438$850k5$760k
5+3$870k1—

Council rating valuations: the council's figure for apportioning rates, not a market appraisal.

Park Road compared with Hokowhitu

Park Road's median council value is about the same as Hokowhitu's.

Park RoadHokowhituPalmerston North
Median council value$730k$720k$610k
Median sale, last 12 months$755k$741k$625k
Sold in the last 12 months8.5%4.8%4%
Time between sales9.9 yrs7.8 yrs7.8 yrs
Median section586 m²653 m²678 m²
Median year built195019601970
Council value per m² of floor$4k$5k$4k

Park Road house prices over time

Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.

2016: $485k (2 sales)$485k20162017: $360k (3 sales)2018: $316k (4 sales)20182019: $385k (12 sales)2020: too few sales to say (1 sale)20202021: $526k (5 sales)2022: $870k (3 sales)$870k20222023: too few sales to say (1 sale)2024: $685k (4 sales)20242025: $795k (7 sales)2026: $750k (5 sales, this year so far)$750k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20265$750,000$3,731
20257$795,000$4,466
20244$685,000$4,477
20231$500,214$4,547
20223$870,000$4,104
20215$526,000$5,319
20201$630,000$3,462
201912$385,000$3,390
20184$316,250$3,498
20173$360,000$2,349
20162$485,000$2,624

Recent sales on Park Road

  • 292 Park Road$650,00011 Sept 2026 · 4 bed · 199 m² floor · 1,543 m² land
  • 232 Park Road$760,00020 Jun 2026 · 4 bed · 270 m² floor · 911 m² land
  • 213A Park Road$750,0009 Jun 2026 · 4 bed · 201 m² floor · 372 m² land
  • 238 Park Road$975,00021 Apr 2026 · 4 bed · 196 m² floor · 495 m² land
  • 206 Park Road$745,00025 Mar 2026 · 3 bed · 187 m² floor · 458 m² land
  • 251 Park Road$870,0005 Dec 2025 · 5 bed · 173 m² floor · 1,011 m² land
  • 278 Park Road$1,050,0003 Oct 2025 · 4 bed · 173 m² floor · 809 m² land
  • 7/283 Park Road$430,0001 Oct 2025 · 2 bed · 100 m² floor
  • 277 Park Road$795,0007 Apr 2025 · 4 bed · 178 m² floor · 1,118 m² land
  • 308 Park Road$515,00031 Mar 2025 · 2 bed · 99 m² floor · 440 m² land
  • 214A Park Road$867,50013 Feb 2025 · 4 bed · 220 m² floor · 893 m² land
  • 266 Park Road$718,50017 Jan 2025 · 4 bed · 212 m² floor · 675 m² land
  • 228 Park Road$575,00016 Dec 2024 · 3 bed · 108 m² floor · 911 m² land
  • 285 Park Road$619,00019 Oct 2024 · 3 bed · 149 m² floor · 460 m² land
  • 240 Park Road$1,200,00010 Oct 2024 · 4 bed · 250 m² floor · 1,083 m² land
  • 206 Park Road$751,00017 Jul 2024 · 3 bed · 187 m² floor · 458 m² land
  • 214 Park Road$500,21416 Jun 2023 · 3 bed · 110 m² floor · 492 m² land
  • 9/283 Park Road$480,00018 Aug 2022 · 2 bed · 83 m² floor
  • 246 Park Road$1,202,25029 Jun 2022 · 4 bed · 308 m² floor · 1,802 m² land
  • 266 Park Road$870,0003 Feb 2022 · 4 bed · 212 m² floor · 675 m² land

The homes on Park Road

Park Road has 78 houses, 9 apartments, 6 units and townhouses and 1 section. More were built in the 1950s than in any other decade (16%).

1920s: 13 (13 homes)131920s1930s: 9 (9 homes)1940s: 10 (10 homes)1940s1950s: 14 (14 homes)141960s: 4 (4 homes)1960s1970s: 5 (5 homes)1980s: 8 (8 homes)1980s1990s: 5 (5 homes)2000s: 10 (10 homes)2000s2010s: 8 (8 homes)2020s: 1 (1 home)12020s

How long owners stay on Park Road

Homes on Park Road that resold in the last five years had been held a median 9.9 years (Hokowhitu: 7.8 years).

Time between a home's sales, for 16 resales in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

Building and resource consents on Park Road

5building consents in the last 5 years
  • 238A Park Road1 Jun 2026 · Building consentNew single storey 4 bdrm residence including open-plan kitchen/dining
  • 251 Park Road1 May 2026 · Building consentInstall a metro smart insert wood fire into existing masonry chimney.
  • 204 Park Road1 Jul 2025 · Building consentReplace solid fuel heater - firenzo viking ag with wetback.
  • 266 Park Road1 Jul 2024 · Building consentInstall a metro wee rad base wood fire in family room
  • 296 Park Road1 Dec 2022 · Building consentInternal alt including living areas & bathrooms

Park Road in other suburbs

More streets in Hokowhitu

Every street in Hokowhitu, and the suburb's house prices and sales.

Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.