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Foreclosure Homes in Parma Heights, OH

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Parma Heights, OH Foreclosures

How much do homes sell for in Parma Heights, OH?
The average home price is currently $228,975.
In Parma Heights, OH, how many homes are available?
There are currently 52 active home listings available in Parma Heights.
What’s the average rental cost in Parma Heights, OH?
The average rental price in Parma Heights is $1,168.
What is the most expensive home in Parma Heights?
The most expensive home sold in Parma Heights had a price of $6,347,849.
What is currently the cheapest priced home in Parma Heights, OH?
The cheapest home for sale in Parma Heights is priced at $10,016.

Living in Parma Heights, OH

Parma Heights, OH is a vibrant suburban community offering a friendly environment ideal for families. The area features a mix of residential neighborhoods, local amenities, and parks for outdoor activities. With good schools and convenient transportation options, it is a great place to call home.

Current Market Conditions in Parma Heights, OH

The real estate market in Parma Heights is currently experiencing a steady demand for homes. The prices have shown a gradual increase over the past few months, indicating a healthy market with buyers looking for affordable suburban living options.

Investors are showing interest in Parma Heights due to its family-friendly atmosphere and proximity to Cleveland. The rental market is also vibrant, with many families opting for the space that suburban living offers.

Home Value Estimator For Parma Heights, OH

There are currently 2,571 real estate properties in Parma Heights, OH, with a median automated valuation model (AVM) price of $218,649.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Parma Heights, OH, 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 Parma Heights, OH, is $228,975.00, with the most expensive house in Parma Heights, OH, topping out at $6,347,849.00 and the cheapest home in Parma Heights, OH, clocking in at $10,016.00. In other words, there’s something for every potential homebuyer or savvy investor in Parma Heights, OH!

Rent Prices In Parma Heights, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parma Heights, OH, is on a rollercoaster ride. The average rent price in Parma Heights, OH, is $1,168.00. Indeed, when looking to rent in Parma Heights, OH, you can expect to pay as little as $520.00 or as much as $2,300.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Parma Heights, OH -- 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.

Parma Heights, OH Foreclosures

Market Trend for Parma Heights, OH

Total Listings Available: 52

Market Values:

Home Prices from $10,016 to $6,347,849

Average Sales Price: $228,975

Rental Values:

Rental from $520 to $2,300

Average Rent Value: $1,168 / month

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