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City / Town Overview

Parma, MI

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The Parma, MI real estate market currently shows 17 active listings, with 8 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 73 days on market compared to 19 days last year.

The median listing price has fallen 0.8% year-over-year, from $327,750 to $325,000.

Whether you are buying or selling in Parma, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 5,643  ·  Density: 39.0/mi²  ·  Median household income: $79,057

Typical home value: $173,650  ·  Homeownership: 86.6%

Included Areas

Parma: 49269

Area Map

Market Overview

Active Listings
17
⇧ 142.9% vs 7 last year
Pending
8
47% pending ratio
Median Price
$325,000
⇩ 0.8% vs $327,750 last year
Average Price
$462,832
⇧ 42.6% vs $324,583 last year
Days on Market
73
⇧ 284.2% vs 19 days last year

Price Per Square Foot

Median $/sqft
$148
⇩ 18.7% vs $182/sqft last year
Median Home Size
1,918 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %