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Foreclosure Homes in Parchment, MI

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Parchment, MI Foreclosures

Current Market Conditions in in Parchment, MI As of June 2026?
Home values: +0.21% MoM; rent: +0.00% MoM.
How much do homes sell for in Parchment, MI?
The average home price is currently $222,125.
In Parchment, MI, how many homes are available?
There are currently 2 active home listings available in Parchment.
What’s the average rental cost in Parchment, MI?
The average rental price in Parchment is $1,246.
What is the most expensive home in Parchment?
The most expensive home sold in Parchment had a price of $1,452,308.
What is currently the cheapest priced home in Parchment, MI?
The cheapest home for sale in Parchment is priced at $13,713.

Living in Parchment, MI

Parchment, Michigan is a small residential city just north of Kalamazoo, offering neighborhood living, access to parks and schools, and convenient proximity to the broader Kalamazoo metro economy.

Buyer vs Seller Market in Parchment, MI

Median home value: $209,321 as of 2026-05-14.

Median rent: $1,220 as of 2026-05-14.

Home values: +0.21% MoM, +3.34% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Parchment, MI

There are currently 637 real estate properties in Parchment, MI, with a median automated valuation model (AVM) price of $209,321.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parchment, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Parchment, MI, is $222,125.00, with the most expensive house in Parchment, MI, topping out at $1,452,308.00 and the cheapest home in Parchment, MI, clocking in at $13,713.00. In other words, there’s something for every potential homebuyer or savvy investor in Parchment, MI!

Rent Prices In Parchment, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parchment, MI, is on a rollercoaster ride. The average rent price in Parchment, MI, is $1,246.00. Indeed, when looking to rent in Parchment, MI, you can expect to pay as little as $680.00 or as much as $2,130.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Parchment, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Parchment, MI Foreclosures

Market Trend for Parchment, MI

Total Listings Available: 2

Market Values:

Home Prices from $13,713 to $1,452,308

Average Sales Price: $222,125

Rental Values:

Rental from $680 to $2,130

Average Rent Value: $1,246 / month

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