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Condo Foreclosures in Parchment, MI

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Parchment, MI Foreclosures

Current Market Conditions in in Parchment, MI As of March 2026?
Over the past month, the Parchment real estate market has seen a modest increase in home prices, attributed to consistent buyer activity and limited new listings. While the market continues to stabilize, potential buyers are encouraged to act quickly, as homes are selling faster than the previous month.
How much do homes sell for in Parchment, MI?
The average home price is currently $221,287.
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 $1,477,812.
What is currently the cheapest priced home in Parchment, MI?
The cheapest home for sale in Parchment is priced at $13,692.

Living in Parchment, MI

Parchment, Michigan is a charming small town located near Kalamazoo. With a population of around 1,800 people, it boasts a tight-knit community feel and a variety of local amenities. The city features several parks, schools, and a rich history that adds to the appeal for families and individuals looking to settle down in a peaceful environment.

Buyer vs Seller Market in Parchment, MI

The Parchment real estate market is currently experiencing a steady demand for homes, with an increase in buyer competition driving prices up slightly. Inventory levels have remained relatively stable, which supports a balanced market environment for both buyers and sellers.

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 $212,422.00. 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 $221,287.00, with the most expensive house in Parchment, MI, topping out at $1,477,812.00 and the cheapest home in Parchment, MI, clocking in at $13,692.00. 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 Condos

Market Trend for Parchment, MI

Total Listings Available: 0

Market Values:

Home Prices from $13,692 to $1,477,812

Average Sales Price: $221,287

Rental Values:

Rental from $680 to $2,130

Average Rent Value: $1,246 / month

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