Polymarket and Parcl have partnered to launch real estate prediction markets that settle using Parcl’s daily housing price indexes.
The deal marks the first time housing price data will be used directly to resolve prediction market outcomes.
Under the agreement, Polymarket will list and operate markets while Parcl supplies index data for settlement and verification.
Each contract will link to a Parcl resolution page detailing final values, historical data and index methodology.
The initial rollout will target major United States housing markets with contracts based on price movements over set periods.
The companies said expansion will occur in phases, starting with high-liquidity cities before adding new locations and contract types.
Parcl was founded during the COVID-19 pandemic and provides real-time housing price indexes and onchain real estate products.
The platform uses Solana for settlement of its onchain offerings tied to residential property prices.
Parcl’s native PRCL token surged by more than 100% following the announcement, according to market data.
Polymarket allows users to trade on outcomes tied to real-world events, including elections, sports and cryptocurrency prices.
Prediction markets gained wider attention after strong activity during the 2024 United States presidential election.
Platforms such as Kalshi and Polymarket secured major partnerships in 2025 as the sector expanded into mainstream finance.
At the time of reporting, Parcl price was $0.0416.