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Foreclosures in Parchment, MI

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Parchment, MI Foreclosures

Current Market Conditions in in Parchment, MI As of April 2026?
Over the past month, Parchment's housing market has experienced a slight increase in listings, providing buyers with more options. Despite this, demand remains high, and homes are selling reasonably quickly, suggesting continued interest from buyers. Prices have stabilized, showing a trend of equilibrium within the market as seasonal trends emerge.
How much do homes sell for in Parchment, MI?
The average home price is currently $219,187.
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 $1,462,236.
What is currently the cheapest priced home in Parchment, MI?
The cheapest home for sale in Parchment is priced at $13,608.

Living in Parchment, MI

Parchment, MI, is a quaint small city in Kalamazoo County with a welcoming community atmosphere. It offers good schools, local parks, and a variety of outdoor activities that appeal to families. Residents benefit from its close proximity to Kalamazoo's urban amenities while enjoying the charm of small-town living.

Buyer vs Seller Market in Parchment, MI

The Parchment real estate market currently reflects a stable demand for homes due to its desirable community appeal and family-friendly environment. Buyer interest remains steady, particularly among families seeking affordable housing options.

Given the school district's reputation and local engagement, many buyers are looking to secure homes in Parchment, contributing to a competitive market with a moderate pace.

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 $208,884.00. 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 $219,187.00, with the most expensive house in Parchment, MI, topping out at $1,462,236.00 and the cheapest home in Parchment, MI, clocking in at $13,608.00. 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

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