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Foreclosure Homes in Parma Heights, OH

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Parma Heights, OH Foreclosures

Current Market Conditions in in Parma Heights, OH As of April 2026?
Over the past month, Parma Heights has seen a slight uptick in housing demand, driven by seasonal trends and local market dynamics. Listings are receiving offers more quickly, suggesting an increase in buyer confidence. With continued interest from both families and young professionals looking to relocate to more spacious environments, this trend is expected to persist into the coming months, keeping the market active.
How much do homes sell for in Parma Heights, OH?
The average home price is currently $225,873.
In Parma Heights, OH, how many homes are available?
There are currently 48 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 $6,253,023.
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, Ohio, is a suburban gem situated just southwest of Cleveland. It boasts a friendly community, excellent schools, and plenty of recreational parks, making it perfect for families and individuals alike. The area is characterized by its convenient access to urban amenities without losing its suburban charm.

Buyer vs Seller Market in Parma Heights, OH

The real estate market in Parma Heights is currently experiencing steady growth, with a balanced inventory of homes available for sale. This stability attracts both first-time homebuyers and investors, leading to a healthy market for residential properties.

Recent trends indicate an increment in home values, attributed to the area's desirable location near Cleveland and improvements in local infrastructure. Buyers are capitalizing on low-interest rates, adding to the competitive atmosphere of this suburb.

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 $213,890.00. 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 $225,873.00, with the most expensive house in Parma Heights, OH, topping out at $6,253,023.00 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: 48

Market Values:

Home Prices from $10,016 to $6,253,023

Average Sales Price: $225,873

Rental Values:

Rental from $520 to $2,300

Average Rent Value: $1,168 / month

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