Condo Foreclosures in Parma, ID

Current Market Conditions in Parma, ID

Parma's real estate market has been steadily growing, with a mix of older homes and new developments appealing to varied buyers. The average home price has increased slightly over the past few years, maintaining its status as an affordable option for first-time buyers and retirees. The market remains competitive, with homes selling quickly due to limited inventory.

Parma has gained popularity as a desirable place to live, especially among those seeking a peaceful, rural lifestyle while still having access to larger urban centers in the region. This trend is contributing to a gradual increase in property values, reflecting the area's appeal.

Rent Prices In Parma, ID

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Parma, ID, is on a rollercoaster ride. The average rent price in Parma, ID, is $1,181.00. Indeed, when looking to rent in Parma, ID, you can expect to pay as little as $570.00 or as much as $2,520.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Parma, ID -- 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.