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Rent To Own Homes in Parma Heights, OH

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Living in Parma Heights, OH

Parma Heights, OH is a serene suburb that offers a welcoming community and a variety of local amenities including parks, shopping, and dining. Situated near Cleveland, it provides easy access to urban conveniences while maintaining a peaceful atmosphere. The area is particularly family-friendly, with well-rated schools and ample recreational activities available.

Current Market Conditions in Parma Heights, OH

The real estate market in Parma Heights displays solid investment opportunities as the demand for housing remains steady. Homes in this suburb have been appreciating moderately, which reflects both the area's desirability and its affordability in comparison to adjacent cities like Cleveland and Strongsville.

With increasing interest from homebuyers, particularly families and first-time buyers, there's been a notable uptick in new listings and competitive offers in the area, indicating a healthy real estate climate.

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 $217,842.00. 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 $229,435.00, with the most expensive house in Parma Heights, OH, topping out at $6,405,237.00 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 Rent To Own Homes


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